Invesco QQQ (NASDAQ:QQQ) Shares Sold by DT Investment Partners LLC

DT Investment Partners LLC cut its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,717 shares of the exchange traded fund’s stock after selling 711 shares during the period. Invesco QQQ makes up 1.3% of DT Investment Partners LLC’s holdings, making the stock its 18th biggest holding. DT Investment Partners LLC’s holdings in Invesco QQQ were worth $15,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in QQQ. PayPay Securities Corp boosted its stake in shares of Invesco QQQ by 276.9% in the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 36 shares during the period. Hoese & Co LLP boosted its stake in shares of Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares during the period. Legacy Bridge LLC boosted its stake in shares of Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares during the period. BNP Paribas purchased a new position in shares of Invesco QQQ in the third quarter valued at approximately $62,000. Finally, Brooklyn Investment Group purchased a new position in shares of Invesco QQQ in the fourth quarter valued at approximately $69,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $535.90 on Friday. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15. The firm has a 50 day simple moving average of $521.86 and a 200-day simple moving average of $497.08.

Invesco QQQ Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.8347 per share. The ex-dividend date 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.