Stonehearth Capital Management LLC Acquires 11,531 Shares of Invesco QQQ (NASDAQ:QQQ)

Stonehearth Capital Management LLC lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 2,573.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,979 shares of the exchange traded fund’s stock after purchasing an additional 11,531 shares during the quarter. Invesco QQQ accounts for 2.5% of Stonehearth Capital Management LLC’s holdings, making the stock its 12th largest position. Stonehearth Capital Management LLC’s holdings in Invesco QQQ were worth $6,124,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. International Assets Investment Management LLC raised its stake in shares of 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 valued at $15,904,322,000 after acquiring an additional 32,516,210 shares during the last quarter. Granite Bay Wealth Management LLC lifted its holdings in Invesco QQQ by 6,215.5% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund’s stock worth $409,513,000 after buying an additional 894,532 shares during the period. Toronto Dominion Bank grew 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 valued at $2,080,052,000 after buying an additional 488,815 shares during the last quarter. CBIZ Investment Advisory Services LLC increased its stake in shares of Invesco QQQ by 6,880.6% in the second quarter. CBIZ Investment Advisory Services LLC now owns 395,588 shares of the exchange traded fund’s stock valued at $189,530,000 after buying an additional 389,921 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in 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 purchasing an additional 338,494 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 1.3 %

Shares of NASDAQ QQQ traded down $6.91 during midday trading on Tuesday, reaching $517.63. The stock had a trading volume of 18,189,302 shares, compared to its average volume of 29,587,266. Invesco QQQ has a twelve month low of $397.84 and a twelve month high of $539.15. The company’s 50 day moving average price is $513.21 and its 200 day moving average price is $490.14.

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 given a dividend of $0.8347 per share. 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.