Allspring Global Investments Holdings LLC Trims Position in Invesco QQQ $QQQ

Allspring Global Investments Holdings LLC trimmed its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 17.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 5,542 shares of the exchange traded fund’s stock after selling 1,199 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Invesco QQQ were worth $3,398,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. HRT Financial LP grew its position in Invesco QQQ by 118.3% in the 2nd quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock valued at $1,735,226,000 after buying an additional 1,704,600 shares during the last quarter. SG Americas Securities LLC grew its position in Invesco QQQ by 120.2% in the 4th quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock valued at $131,292,000 after buying an additional 1,270,102 shares during the last quarter. Japan Science & Technology Agency purchased a new position in Invesco QQQ in the 3rd quarter valued at $179,311,000. NorthRock Partners LLC grew its position in Invesco QQQ by 1,355.6% in the 3rd quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock valued at $183,024,000 after buying an additional 283,909 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its position in Invesco QQQ by 524.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 239,482 shares of the exchange traded fund’s stock valued at $143,778,000 after buying an additional 201,150 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Up 0.0%

Shares of Invesco QQQ stock opened at $588.59 on Wednesday. Invesco QQQ has a 52-week low of $409.79 and a 52-week high of $637.01. The company’s 50-day simple moving average is $600.49 and its 200-day simple moving average is $609.31.

Invesco QQQ Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, March 23rd.

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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.

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

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