Invesco QQQ (NASDAQ:QQQ) Shares Sold by Darwin Wealth Management LLC

Darwin Wealth Management LLC decreased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 21.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,920 shares of the exchange traded fund’s stock after selling 10,898 shares during the quarter. Invesco QQQ comprises about 4.4% of Darwin Wealth Management LLC’s investment portfolio, making the stock its largest holding. Darwin Wealth Management LLC’s holdings in Invesco QQQ were worth $16,348,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. International Assets Investment Management LLC increased its position in shares of Invesco QQQ by 40,957.3% in the fourth quarter. International Assets Investment Management LLC now owns 28,332,433 shares of the exchange traded fund’s stock worth $11,602,698,000 after acquiring an additional 28,263,426 shares in the last quarter. Comerica Bank bought a new stake in shares of Invesco QQQ in the 3rd quarter valued at approximately $140,657,000. Granite Bay Wealth Management LLC raised its position in Invesco QQQ by 47.1% during the fourth quarter. Granite Bay Wealth Management LLC now owns 1,183,279 shares of the exchange traded fund’s stock valued at $451,075,000 after acquiring an additional 378,922 shares in the last quarter. CHURCHILL MANAGEMENT Corp grew its position in Invesco QQQ by 36.3% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,413,069 shares of the exchange traded fund’s stock worth $578,680,000 after acquiring an additional 376,661 shares in the last quarter. Finally, Cerity Partners LLC boosted its holdings in Invesco QQQ by 77.2% in the fourth quarter. Cerity Partners LLC now owns 842,894 shares of the exchange traded fund’s stock worth $345,182,000 after purchasing an additional 367,317 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.2 %

QQQ traded up $0.96 during trading on Thursday, reaching $441.02. 24,398,462 shares of the company’s stock were exchanged, compared to its average volume of 45,098,582. Invesco QQQ has a fifty-two week low of $321.60 and a fifty-two week high of $449.34. The business has a 50 day moving average price of $436.76 and a 200 day moving average price of $414.18.

Invesco QQQ Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Tuesday, March 19th were given a dividend of $0.5735 per share. This represents a $2.29 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend was Monday, March 18th.

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.