Invesco QQQ (NASDAQ:QQQ) Stock Holdings Decreased by Stiles Financial Services Inc

Stiles Financial Services Inc lessened its position in Invesco QQQ (NASDAQ:QQQ) by 7.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,723 shares of the exchange traded fund’s stock after selling 212 shares during the quarter. Stiles Financial Services Inc’s holdings in Invesco QQQ were worth $1,393,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QQQ. International Assets Investment Management LLC raised its holdings in shares of Invesco QQQ by 46,491.6% during the third quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock worth $15,904,322,000 after acquiring an additional 32,516,210 shares in the last quarter. Strategic Financial Concepts LLC increased its position in 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 worth $2,103,184,000 after purchasing an additional 4,105,389 shares during the last quarter. Toronto Dominion Bank raised its stake in shares of Invesco QQQ by 13.0% during the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock worth $2,080,052,000 after purchasing an additional 488,815 shares in the last quarter. Cibc World Market Inc. lifted its holdings in shares of Invesco QQQ by 90.0% during the 4th quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock valued at $350,764,000 after buying an additional 324,948 shares during the last quarter. Finally, Empirical Asset Management LLC grew its stake in shares of Invesco QQQ by 15,676.3% in the 4th quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock valued at $103,720,000 after buying an additional 201,597 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Down 1.3 %

Shares of QQQ opened at $522.92 on Monday. The firm’s 50 day moving average price is $521.26 and its 200 day moving average price is $495.67. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15.

Invesco QQQ Dividend Announcement

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