Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Cardinal Point Capital Management ULC

Cardinal Point Capital Management ULC lifted its holdings in Invesco QQQ (NASDAQ:QQQ) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,902 shares of the exchange traded fund’s stock after acquiring an additional 20 shares during the quarter. Invesco QQQ accounts for 0.3% of Cardinal Point Capital Management ULC’s holdings, making the stock its 26th biggest position. Cardinal Point Capital Management ULC’s holdings in Invesco QQQ were worth $1,995,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in QQQ. International Assets Investment Management LLC increased its holdings 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 valued at $15,904,322,000 after buying an additional 32,516,210 shares in the last quarter. Granite Bay Wealth Management LLC grew its position in shares of 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 valued at $409,513,000 after acquiring an additional 894,532 shares during the period. Toronto Dominion Bank increased its stake 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 purchasing an additional 488,815 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Invesco QQQ by 7.3% in 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 period. Finally, Main Management ETF Advisors LLC boosted its position in Invesco QQQ by 33.5% during the third quarter. Main Management ETF Advisors LLC now owns 731,920 shares of the exchange traded fund’s stock worth $357,228,000 after purchasing an additional 183,550 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.1 %

Shares of QQQ stock opened at $505.08 on Wednesday. Invesco QQQ has a 1-year low of $402.92 and a 1-year high of $539.15. The stock has a 50 day simple moving average of $515.57 and a 200-day simple moving average of $491.47.

Invesco QQQ Dividend Announcement

The business also recently disclosed 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 of this dividend was Monday, December 23rd.

Invesco QQQ Company 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.