Legacy Capital Wealth Partners LLC Lowers Holdings in Invesco QQQ (NASDAQ:QQQ)

Legacy Capital Wealth Partners LLC lowered its position in shares of Invesco QQQ (NASDAQ:QQQ) by 48.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,676 shares of the exchange traded fund’s stock after selling 1,585 shares during the period. Legacy Capital Wealth Partners LLC’s holdings in Invesco QQQ were worth $857,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in QQQ. International Assets Investment Management LLC raised its holdings 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 valued at $15,904,322,000 after purchasing an additional 32,516,210 shares in the last quarter. Toronto Dominion Bank boosted its stake in shares of 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. Strategic Financial Concepts LLC increased its holdings in Invesco QQQ by 47,853.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock valued at $2,103,184,000 after buying an additional 4,105,389 shares during the period. CHURCHILL MANAGEMENT Corp raised its stake in Invesco QQQ by 0.8% in the fourth 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. Finally, Stifel Financial Corp lifted its holdings in Invesco QQQ by 0.3% during the third quarter. Stifel Financial Corp now owns 871,333 shares of the exchange traded fund’s stock worth $425,324,000 after buying an additional 2,572 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Up 0.4 %

Shares of NASDAQ QQQ opened at $538.15 on Friday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15. The stock’s fifty day simple moving average is $522.38 and its two-hundred day simple moving average is $497.86.

Invesco QQQ Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors 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.

About Invesco QQQ

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.