Invesco QQQ (NASDAQ:QQQ) Shares Purchased by First Horizon Advisors Inc.

First Horizon Advisors Inc. raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 3.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,286 shares of the exchange traded fund’s stock after acquiring an additional 1,156 shares during the period. First Horizon Advisors Inc.’s holdings in Invesco QQQ were worth $17,529,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of QQQ. Toronto Dominion Bank boosted its position in shares of Invesco QQQ by 13.0% during 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 purchasing an additional 488,815 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in Invesco QQQ by 47,853.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock valued at $2,103,184,000 after buying an additional 4,105,389 shares during the period. CHURCHILL MANAGEMENT Corp increased its position in Invesco QQQ by 0.8% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock worth $940,676,000 after purchasing an additional 13,772 shares during the last quarter. Stifel Financial Corp grew its position in Invesco QQQ by 0.3% in the third quarter. Stifel Financial Corp now owns 871,333 shares of the exchange traded fund’s stock worth $425,324,000 after acquiring an additional 2,572 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of Invesco QQQ by 2.3% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 849,259 shares of the exchange traded fund’s stock valued at $414,429,000 after purchasing an additional 18,833 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $526.08 on Friday. Invesco QQQ has a one year low of $413.07 and a one year high of $540.81. The company’s fifty day moving average price is $523.39 and its two-hundred day moving average price is $501.12.

Invesco QQQ Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders 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.