Invesco QQQ $QQQ is Japan Science & Technology Agency’s 7th Largest Position

Japan Science & Technology Agency increased its position in Invesco QQQ (NASDAQ:QQQ) by 35.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 403,081 shares of the exchange traded fund’s stock after acquiring an additional 104,414 shares during the quarter. Invesco QQQ comprises approximately 4.5% of Japan Science & Technology Agency’s holdings, making the stock its 7th biggest position. Japan Science & Technology Agency owned about 0.06% of Invesco QQQ worth $247,617,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of QQQ. Goodman Advisory Group LLC purchased a new position in shares of Invesco QQQ during the 3rd quarter valued at $25,000. Shcp LLC purchased a new stake in shares of Invesco QQQ during the third quarter worth about $27,000. Rachor Investment Advisory Services LLC purchased a new stake in shares of Invesco QQQ during the fourth quarter worth about $29,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Invesco QQQ during the third quarter worth about $40,000. Finally, Morgan Dempsey Capital Management LLC lifted its holdings in shares of Invesco QQQ by 45.5% in the third quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $705.88 on Tuesday. Invesco QQQ has a 1-year low of $505.58 and a 1-year high of $722.03. The company’s 50-day moving average is $630.32 and its 200 day moving average is $620.72.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.7328 per share. The ex-dividend date was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a yield of 0.4%.

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.