Invesco QQQ (NASDAQ:QQQ) Shares Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. raised its holdings in Invesco QQQ (NASDAQ:QQQ) by 2.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 849,259 shares of the exchange traded fund’s stock after purchasing an additional 18,833 shares during the period. Invesco QQQ comprises 1.1% of Rockefeller Capital Management L.P.’s holdings, making the stock its 11th largest position. Rockefeller Capital Management L.P. owned about 0.14% of Invesco QQQ worth $414,429,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Centric Wealth Management grew its stake in shares of Invesco QQQ by 7.5% in the 3rd quarter. Centric Wealth Management now owns 8,493 shares of the exchange traded fund’s stock valued at $4,294,000 after buying an additional 594 shares during the period. CWS Financial Advisors LLC acquired a new stake in shares of Invesco QQQ during the 3rd quarter worth about $1,859,000. Hantz Financial Services Inc. lifted its position in Invesco QQQ by 2.3% in the third quarter. Hantz Financial Services Inc. now owns 2,483 shares of the exchange traded fund’s stock valued at $1,212,000 after buying an additional 56 shares during the last quarter. Peterson Wealth Management raised its stake in shares of Invesco QQQ by 6.1% in the 3rd quarter. Peterson Wealth Management now owns 28,587 shares of the exchange traded fund’s stock valued at $13,953,000 after acquiring an additional 1,638 shares during the period. Finally, Teachers Insurance & Annuity Association of America purchased a new stake in Invesco QQQ in the third quarter valued at approximately $747,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

QQQ opened at $505.30 on Friday. Invesco QQQ has a 52 week low of $382.66 and a 52 week high of $515.58. The business has a fifty day simple moving average of $495.58 and a 200-day simple moving average of $478.50.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 23rd were issued a dividend of $0.677 per share. This represents a $2.71 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date was Monday, September 23rd.

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.