Invesco QQQ $QQQ Shares Sold by CPR Investments Inc.

CPR Investments Inc. trimmed its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 4.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 20,981 shares of the exchange traded fund’s stock after selling 1,015 shares during the quarter. Invesco QQQ comprises about 7.9% of CPR Investments Inc.’s portfolio, making the stock its 3rd biggest holding. CPR Investments Inc.’s holdings in Invesco QQQ were worth $12,889,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. HRT Financial LP raised its stake in Invesco QQQ by 118.3% in the second quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock valued at $1,735,226,000 after purchasing an additional 1,704,600 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in Invesco QQQ by 0.3% during the third quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund’s stock worth $1,843,749,000 after buying an additional 8,038 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Invesco QQQ by 2.2% during the third quarter. Envestnet Asset Management Inc. now owns 2,986,326 shares of the exchange traded fund’s stock worth $1,792,901,000 after buying an additional 64,025 shares in the last quarter. US Bancorp DE increased its holdings in Invesco QQQ by 0.5% in the 3rd quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock valued at $827,346,000 after buying an additional 7,378 shares during the period. Finally, Maxi Investments CY Ltd increased its holdings in Invesco QQQ by 8.1% in the 3rd quarter. Maxi Investments CY Ltd now owns 1,235,000 shares of the exchange traded fund’s stock valued at $741,457,000 after buying an additional 92,700 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Invesco QQQ

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Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $562.58 on Monday. The firm has a 50 day moving average of $606.07 and a 200-day moving average of $609.81. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.7328 dividend. This represents a $2.93 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, March 23rd.

Invesco QQQ Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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