Roman Butler Fullerton & Co. Has $1.84 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Roman Butler Fullerton & Co. decreased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 52.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,007 shares of the exchange traded fund’s stock after selling 4,429 shares during the period. Invesco QQQ accounts for about 0.7% of Roman Butler Fullerton & Co.’s portfolio, making the stock its 29th biggest position. Roman Butler Fullerton & Co.’s holdings in Invesco QQQ were worth $1,835,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in QQQ. Proficio Capital Partners LLC increased its stake in Invesco QQQ by 51,292.3% in the fourth quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund’s stock valued at $5,879,434,000 after purchasing an additional 11,478,188 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Invesco QQQ by 20.2% in the 4th quarter. Ameriprise Financial Inc. now owns 4,500,368 shares of the exchange traded fund’s stock valued at $2,300,993,000 after buying an additional 756,990 shares during the period. PNC Financial Services Group Inc. increased its position in Invesco QQQ by 0.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,116,706 shares of the exchange traded fund’s stock valued at $1,593,354,000 after buying an additional 27,115 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in Invesco QQQ by 2.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,425,300 shares of the exchange traded fund’s stock worth $1,239,886,000 after buying an additional 52,235 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its holdings in Invesco QQQ by 34.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,199,820 shares of the exchange traded fund’s stock worth $1,124,614,000 after acquiring an additional 568,120 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of Invesco QQQ stock opened at $529.08 on Wednesday. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $540.81. The stock has a 50 day moving average price of $496.20 and a two-hundred day moving average price of $503.08.

Invesco QQQ Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 24th were given a $0.7157 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.