Invesco QQQ $QQQ Shares Sold by Cerity Partners LLC

Cerity Partners LLC lessened its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 0.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 730,613 shares of the exchange traded fund’s stock after selling 944 shares during the quarter. Invesco QQQ makes up about 0.7% of Cerity Partners LLC’s holdings, making the stock its 23rd largest position. Cerity Partners LLC owned 0.11% of Invesco QQQ worth $438,638,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of QQQ. Brighton Jones LLC increased its stake in Invesco QQQ by 15.0% in the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after purchasing an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Invesco QQQ by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after buying an additional 176 shares in the last quarter. Caxton Associates LLP acquired a new position in shares of Invesco QQQ in the 1st quarter valued at $1,694,000. Great Lakes Advisors LLC grew its position in shares of Invesco QQQ by 50.5% in the 1st quarter. Great Lakes Advisors LLC now owns 4,558 shares of the exchange traded fund’s stock valued at $2,137,000 after buying an additional 1,530 shares during the last quarter. Finally, Ascent Group LLC raised its stake in Invesco QQQ by 10.9% during the 1st quarter. Ascent Group LLC now owns 1,566 shares of the exchange traded fund’s stock worth $735,000 after acquiring an additional 154 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

Shares of QQQ opened at $623.86 on Wednesday. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01. The firm has a fifty day moving average price of $616.39 and a 200 day moving average price of $591.63.

Invesco QQQ Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were issued a $0.7941 dividend. This represents a $3.18 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.69.

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Invesco QQQ Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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