Mill Creek Capital Advisors LLC Sells 45 Shares of Invesco QQQ (NASDAQ:QQQ)

Mill Creek Capital Advisors LLC lessened its holdings in Invesco QQQ (NASDAQ:QQQ) by 0.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,229 shares of the exchange traded fund’s stock after selling 45 shares during the period. Mill Creek Capital Advisors LLC’s holdings in Invesco QQQ were worth $4,718,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of QQQ. International Assets Investment Management LLC increased its position in Invesco QQQ by 46,491.6% in 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 last quarter. Strategic Financial Concepts LLC boosted its stake in Invesco QQQ by 47,853.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock worth $2,103,184,000 after buying an additional 4,105,389 shares during the period. Toronto Dominion Bank boosted its stake 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 worth $2,080,052,000 after buying an additional 488,815 shares during the period. Cibc World Market Inc. boosted its stake in Invesco QQQ by 90.0% during the fourth quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock worth $350,764,000 after buying an additional 324,948 shares during the period. Finally, Empirical Asset Management LLC boosted its stake in Invesco QQQ by 15,676.3% during the fourth quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock worth $103,720,000 after buying an additional 201,597 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.2 %

NASDAQ QQQ opened at $529.25 on Tuesday. The company has a fifty day moving average of $521.26 and a two-hundred day moving average of $495.90. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15.

Invesco QQQ Announces Dividend

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