Client First Capital LLC Has $38.82 Million Stock Position in Invesco QQQ (NASDAQ:QQQ)

Client First Capital LLC increased its stake in Invesco QQQ (NASDAQ:QQQ) by 24.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 75,929 shares of the exchange traded fund’s stock after acquiring an additional 14,830 shares during the quarter. Invesco QQQ makes up 20.0% of Client First Capital LLC’s holdings, making the stock its largest holding. Client First Capital LLC’s holdings in Invesco QQQ were worth $38,817,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. International Assets Investment Management LLC boosted its position 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 worth $15,904,322,000 after acquiring an additional 32,516,210 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Invesco QQQ by 7.3% during the second quarter. Ameriprise Financial Inc. now owns 4,966,637 shares of the exchange traded fund’s stock worth $2,379,676,000 after purchasing an additional 338,494 shares during the period. Toronto Dominion Bank grew its position in Invesco QQQ by 13.0% during the third 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 in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Invesco QQQ by 1.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,199,214 shares of the exchange traded fund’s stock valued at $1,532,904,000 after buying an additional 33,790 shares during the period. Finally, CHURCHILL MANAGEMENT Corp lifted its position in Invesco QQQ by 0.8% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock worth $940,676,000 after buying an additional 13,772 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

QQQ opened at $513.08 on Friday. The stock has a fifty day moving average price of $515.79 and a 200 day moving average price of $491.65. Invesco QQQ has a 1 year low of $402.92 and a 1 year high of $539.15.

Invesco QQQ Dividend Announcement

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

Invesco QQQ 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.