Fishman Jay A Ltd. MI Sells 20 Shares of Invesco QQQ (NASDAQ:QQQ)

Fishman Jay A Ltd. MI cut its position in shares of Invesco QQQ (NASDAQ:QQQ) by 0.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,530 shares of the exchange traded fund’s stock after selling 20 shares during the quarter. Fishman Jay A Ltd. MI’s holdings in Invesco QQQ were worth $3,338,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of QQQ. International Assets Investment Management LLC grew 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 acquiring an additional 32,516,210 shares in the last quarter. Toronto Dominion Bank boosted its position in 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 during the last quarter. Strategic Financial Concepts LLC grew its stake in Invesco QQQ by 47,853.9% in 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 purchasing an additional 4,105,389 shares in the last quarter. CHURCHILL MANAGEMENT Corp increased its position in shares of Invesco QQQ by 0.8% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock worth $940,676,000 after purchasing an additional 13,772 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in shares of Invesco QQQ by 0.3% during the 3rd quarter. Stifel Financial Corp now owns 871,333 shares of the exchange traded fund’s stock worth $425,324,000 after purchasing an additional 2,572 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $527.99 on Wednesday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15. The firm has a fifty day simple moving average of $521.54 and a 200 day simple moving average of $496.40.

Invesco QQQ Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given 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.