Caxton Associates LLP Sells 1,137 Shares of Invesco QQQ $QQQ

Caxton Associates LLP decreased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 31.5% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 2,475 shares of the exchange traded fund’s stock after selling 1,137 shares during the period. Caxton Associates LLP’s holdings in Invesco QQQ were worth $1,365,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC raised its position in Invesco QQQ by 15.0% during the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock worth $19,605,000 after buying an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Invesco QQQ by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after purchasing an additional 176 shares during the last quarter. Nuveen LLC acquired a new stake in Invesco QQQ during the 1st quarter worth about $10,316,000. Russell Investments Group Ltd. raised its stake in shares of Invesco QQQ by 42.7% during the 1st quarter. Russell Investments Group Ltd. now owns 4,093 shares of the exchange traded fund’s stock valued at $1,919,000 after buying an additional 1,224 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. acquired a new position in shares of Invesco QQQ in the 1st quarter valued at about $212,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 0.5%

Invesco QQQ stock opened at $610.54 on Tuesday. The business’s 50-day moving average price is $613.69 and its 200 day moving average price is $581.65. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01.

Invesco QQQ Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Monday, September 22nd were issued a dividend of $0.694 per share. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.78 annualized dividend and a dividend yield of 0.5%.

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.