Raleigh Capital Management Inc. lowered its position in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 94.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 411 shares of the exchange traded fund’s stock after selling 6,591 shares during the quarter. Raleigh Capital Management Inc.’s holdings in Invesco QQQ were worth $210,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC raised its stake in Invesco QQQ by 46,491.6% during the third 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 purchasing an additional 32,516,210 shares during the period. Ameriprise Financial Inc. increased its holdings 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 worth $2,379,676,000 after buying an additional 338,494 shares during the last quarter. Toronto Dominion Bank raised its position 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 buying an additional 488,815 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco QQQ by 1.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,199,214 shares of the exchange traded fund’s stock valued at $1,532,904,000 after acquiring an additional 33,790 shares during the last quarter. Finally, CHURCHILL MANAGEMENT Corp grew its position in Invesco QQQ by 0.8% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock valued at $940,676,000 after acquiring an additional 13,772 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.
Invesco QQQ Price Performance
QQQ opened at $532.64 on Friday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The firm has a 50 day moving average price of $516.72 and a 200 day moving average price of $492.81.
Invesco QQQ Announces Dividend
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.
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