Invesco QQQ (NASDAQ:QQQ) Shares Sold by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 27.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,030 shares of the exchange traded fund’s stock after selling 3,432 shares during the period. Signal Advisors Wealth LLC’s holdings in Invesco QQQ were worth $4,616,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. International Assets Investment Management LLC boosted its stake in Invesco QQQ by 46,491.6% during the 3rd quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock valued at $15,904,322,000 after purchasing an additional 32,516,210 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Invesco QQQ by 7.3% in the second quarter. Ameriprise Financial Inc. now owns 4,966,637 shares of the exchange traded fund’s stock valued at $2,379,676,000 after acquiring an additional 338,494 shares in the last quarter. Toronto Dominion Bank increased its position in shares of Invesco QQQ by 13.0% during the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after purchasing an additional 488,815 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco QQQ by 1.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,199,214 shares of the exchange traded fund’s stock worth $1,532,904,000 after acquiring an additional 33,790 shares during the period. Finally, Canada Pension Plan Investment Board raised its holdings in shares of Invesco QQQ by 1.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 1,800,000 shares of the exchange traded fund’s stock worth $862,398,000 after purchasing an additional 20,000 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

Invesco QQQ stock opened at $505.08 on Wednesday. Invesco QQQ has a 1 year low of $402.92 and a 1 year high of $539.15. The firm’s 50 day moving average price is $515.57 and its two-hundred day moving average price is $491.47.

Invesco QQQ Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.8347 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco QQQ Company Profile

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.