Invesco QQQ (NASDAQ:QQQ) Holdings Lowered by Joule Financial LLC

Joule Financial LLC cut its stake in Invesco QQQ (NASDAQ:QQQ) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,469 shares of the exchange traded fund’s stock after selling 43 shares during the period. Invesco QQQ makes up approximately 1.3% of Joule Financial LLC’s investment portfolio, making the stock its 11th biggest position. Joule Financial LLC’s holdings in Invesco QQQ were worth $3,818,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC raised its stake in shares of Invesco QQQ by 46,491.6% in 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 buying an additional 32,516,210 shares in the last quarter. Granite Bay Wealth Management LLC grew its holdings in Invesco QQQ by 6,215.5% during the second quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund’s stock worth $409,513,000 after acquiring an additional 894,532 shares during the period. Toronto Dominion Bank raised its position in Invesco QQQ by 13.0% in the third quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock worth $2,080,052,000 after acquiring an additional 488,815 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in Invesco QQQ by 7.3% in the 2nd 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 during the last quarter. Finally, Empirical Asset Management LLC boosted its position in shares of Invesco QQQ by 15,676.3% during the 4th quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock valued at $103,720,000 after purchasing an additional 201,597 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.7 %

Shares of QQQ opened at $521.74 on Monday. Invesco QQQ has a 12-month low of $409.16 and a 12-month high of $539.15. The firm’s 50 day moving average is $515.94 and its 200-day moving average is $492.11.

Invesco QQQ Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.8347 dividend. 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.