Invesco QQQ $QQQ Shares Sold by Caxton Associates LLP

Caxton Associates LLP reduced its holdings in Invesco QQQ (NASDAQ:QQQ) by 31.5% during the 2nd quarter, Holdings Channel reports. The firm owned 2,475 shares of the exchange traded fund’s stock after selling 1,137 shares during the quarter. Caxton Associates LLP’s holdings in Invesco QQQ were worth $1,365,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Kingstone Capital Partners Texas LLC raised its position in Invesco QQQ by 704,593.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 67,615,365 shares of the exchange traded fund’s stock worth $37,299,340,000 after acquiring an additional 67,605,770 shares during the period. 1832 Asset Management L.P. lifted its stake in Invesco QQQ by 100.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund’s stock valued at $1,167,000 after buying an additional 40,999,982 shares in the last quarter. Symphony Financial Ltd. Co. purchased a new position in Invesco QQQ in the 2nd quarter valued at about $1,236,482,000. HRT Financial LP boosted its holdings in Invesco QQQ by 118.3% in the 2nd quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock worth $1,735,226,000 after buying an additional 1,704,600 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Invesco QQQ by 42.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund’s stock worth $2,700,424,000 after buying an additional 1,457,109 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

NASDAQ QQQ opened at $610.54 on Tuesday. The stock’s 50 day simple moving average is $613.69 and its 200-day simple moving average is $581.65. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01.

Invesco QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Monday, September 22nd were issued a $0.694 dividend. This represents a $2.78 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, September 22nd. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.59.

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.