Invesco QQQ (NASDAQ:QQQ) is Thurston Springer Miller Herd & Titak Inc.’s 9th Largest Position

Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 139.7% during the 4th quarter, HoldingsChannel reports. The fund owned 13,275 shares of the exchange traded fund’s stock after buying an additional 7,737 shares during the period. Invesco QQQ comprises 1.4% of Thurston Springer Miller Herd & Titak Inc.’s portfolio, making the stock its 9th biggest holding. Thurston Springer Miller Herd & Titak Inc.’s holdings in Invesco QQQ were worth $6,789,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its holdings in shares of Invesco QQQ by 46,491.6% during the 3rd quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock worth $15,904,322,000 after acquiring an additional 32,516,210 shares during the last quarter. Granite Bay Wealth Management LLC lifted its stake in Invesco QQQ by 6,215.5% during the second quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund’s stock worth $409,513,000 after purchasing an additional 894,532 shares during the last quarter. Toronto Dominion Bank boosted its holdings in shares of Invesco QQQ by 13.0% in the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock worth $2,080,052,000 after purchasing an additional 488,815 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Invesco QQQ by 7.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,966,637 shares of the exchange traded fund’s stock valued at $2,379,676,000 after purchasing an additional 338,494 shares during the last quarter. Finally, Main Management ETF Advisors LLC raised its holdings in shares of Invesco QQQ by 33.5% during the 3rd quarter. Main Management ETF Advisors LLC now owns 731,920 shares of the exchange traded fund’s stock valued at $357,228,000 after buying an additional 183,550 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Down 0.1 %

Shares of QQQ opened at $505.08 on Wednesday. Invesco QQQ has a 1 year low of $402.92 and a 1 year high of $539.15. The stock has a 50 day simple moving average of $515.57 and a two-hundred day simple moving average of $491.47.

Invesco QQQ Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued 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.