Invesco QQQ (NASDAQ:QQQ) Shares Sold by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. decreased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,494 shares of the exchange traded fund’s stock after selling 1,476 shares during the period. Invesco QQQ comprises 3.1% of Bridgewater Advisors Inc.’s holdings, making the stock its 9th largest holding. Bridgewater Advisors Inc.’s holdings in Invesco QQQ were worth $29,544,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC raised its stake in Invesco QQQ by 9.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,491 shares of the exchange traded fund’s stock worth $714,000 after acquiring an additional 125 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of Invesco QQQ by 35.1% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,081 shares of the exchange traded fund’s stock valued at $1,476,000 after purchasing an additional 801 shares in the last quarter. 1832 Asset Management L.P. grew its holdings in shares of Invesco QQQ by 1.0% during the 2nd quarter. 1832 Asset Management L.P. now owns 2,448 shares of the exchange traded fund’s stock valued at $1,173,000 after purchasing an additional 25 shares during the last quarter. Commonwealth Financial Services LLC increased its position in Invesco QQQ by 16.7% during the 2nd quarter. Commonwealth Financial Services LLC now owns 54,374 shares of the exchange traded fund’s stock worth $27,043,000 after purchasing an additional 7,795 shares in the last quarter. Finally, Certified Advisory Corp lifted its stake in Invesco QQQ by 5.6% in the 2nd quarter. Certified Advisory Corp now owns 51,550 shares of the exchange traded fund’s stock valued at $24,698,000 after purchasing an additional 2,718 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $521.74 on Tuesday. The company’s 50 day moving average price is $515.94 and its two-hundred day moving average price is $492.12. Invesco QQQ has a fifty-two week low of $409.16 and a fifty-two week high of $539.15.

Invesco QQQ Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a dividend of $0.8347 per share. The ex-dividend date was Monday, December 23rd.

About Invesco QQQ

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.