Delta Financial Group Inc. Lowers Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Delta Financial Group Inc. reduced its position in Invesco QQQ (NASDAQ:QQQ) by 0.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,497 shares of the exchange traded fund’s stock after selling 23 shares during the period. Delta Financial Group Inc.’s holdings in Invesco QQQ were worth $1,277,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Toronto Dominion Bank boosted its holdings in shares of Invesco QQQ by 13.0% in the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after purchasing an additional 488,815 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of Invesco QQQ by 47,853.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock valued at $2,103,184,000 after purchasing an additional 4,105,389 shares during the last quarter. CHURCHILL MANAGEMENT Corp boosted its holdings in shares of Invesco QQQ by 0.8% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock valued at $940,676,000 after purchasing an additional 13,772 shares during the last quarter. Stifel Financial Corp boosted its holdings in shares of Invesco QQQ by 0.3% in the 3rd quarter. Stifel Financial Corp now owns 871,333 shares of the exchange traded fund’s stock valued at $425,324,000 after purchasing an additional 2,572 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Invesco QQQ by 2.3% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 849,259 shares of the exchange traded fund’s stock valued at $414,429,000 after purchasing an additional 18,833 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Down 2.1 %

Shares of QQQ opened at $526.08 on Friday. The company’s fifty day moving average is $523.39 and its two-hundred day moving average is $501.12. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $540.81.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

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.