Toews Corp ADV Makes New Investment in Invesco QQQ (NASDAQ:QQQ)

Toews Corp ADV acquired a new position in shares of Invesco QQQ (NASDAQ:QQQ) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 401 shares of the exchange traded fund’s stock, valued at approximately $205,000. Invesco QQQ accounts for 0.1% of Toews Corp ADV’s investment portfolio, making the stock its 9th biggest position.

Several other institutional investors also recently bought and sold shares of the company. Toronto Dominion Bank boosted its position in 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 acquiring an additional 488,815 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in shares of 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 worth $2,103,184,000 after purchasing an additional 4,105,389 shares in the last quarter. CHURCHILL MANAGEMENT Corp boosted its position in shares of 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 in the last quarter. Stifel Financial Corp boosted its position in shares of Invesco QQQ by 0.3% in the 3rd quarter. Stifel Financial Corp now owns 871,333 shares of the exchange traded fund’s stock worth $425,324,000 after purchasing an additional 2,572 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position 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 worth $414,429,000 after purchasing an additional 18,833 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $526.08 on Friday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $540.81. The business has a fifty day moving average price of $523.39 and a 200-day moving average price of $501.12.

Invesco QQQ Dividend Announcement

The company also recently declared 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.