Boston Family Office LLC Decreases Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Boston Family Office LLC lowered its holdings in Invesco QQQ (NASDAQ:QQQ) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,995 shares of the exchange traded fund’s stock after selling 346 shares during the period. Boston Family Office LLC’s holdings in Invesco QQQ were worth $4,599,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in QQQ. Proficio Capital Partners LLC grew its holdings in Invesco QQQ by 51,292.3% during the 4th quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund’s stock valued at $5,879,434,000 after purchasing an additional 11,478,188 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in shares of Invesco QQQ by 47,853.9% during the fourth 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 acquiring an additional 4,105,389 shares in the last quarter. Artemis Wealth Advisors LLC grew its stake in shares of Invesco QQQ by 1,337.4% during the fourth quarter. Artemis Wealth Advisors LLC now owns 828,335 shares of the exchange traded fund’s stock valued at $423,470,000 after acquiring an additional 895,277 shares in the last quarter. Toronto Dominion Bank increased its position in shares of Invesco QQQ by 13.0% during the third quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock worth $2,080,052,000 after acquiring an additional 488,815 shares during the last quarter. Finally, Cibc World Market Inc. boosted its holdings in Invesco QQQ by 90.0% in the fourth quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock valued at $350,764,000 after purchasing an additional 324,948 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.0 %

Shares of NASDAQ QQQ opened at $468.92 on Tuesday. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $540.81. The business has a 50 day moving average price of $507.38 and a two-hundred day moving average price of $505.32. The firm has a market cap of $297.46 billion, a PE ratio of 30.05 and a beta of 1.18.

Invesco QQQ Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 24th will be given a dividend of $0.7157 per share. The ex-dividend date is Monday, March 24th.

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.