Collaborative Wealth Managment Inc. Sells 45 Shares of Invesco QQQ (NASDAQ:QQQ)

Collaborative Wealth Managment Inc. decreased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 1.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,423 shares of the exchange traded fund’s stock after selling 45 shares during the period. Collaborative Wealth Managment Inc.’s holdings in Invesco QQQ were worth $1,750,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Proficio Capital Partners LLC increased its position in shares of Invesco QQQ by 51,292.3% during 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 acquiring an additional 11,478,188 shares in the last quarter. Strategic Financial Concepts LLC increased its position in shares of Invesco QQQ by 47,853.9% during the fourth 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 acquiring an additional 4,105,389 shares in the last quarter. Artemis Wealth Advisors LLC increased its position in shares of Invesco QQQ by 1,337.4% during the fourth quarter. Artemis Wealth Advisors LLC now owns 828,335 shares of the exchange traded fund’s stock valued at $423,470,000 after acquiring an additional 895,277 shares in the last quarter. Toronto Dominion Bank increased its position in shares of Invesco QQQ by 13.0% during the third quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after acquiring an additional 488,815 shares in the last quarter. Finally, Cibc World Market Inc. increased its position in shares of Invesco QQQ by 90.0% during the fourth quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock valued at $350,764,000 after acquiring an additional 324,948 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 2.4 %

Shares of QQQ stock opened at $479.66 on Friday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $540.81. The firm’s 50 day moving average is $514.89 and its 200 day moving average is $503.85. The stock has a market capitalization of $302.59 billion, a P/E ratio of 30.74 and a beta of 1.11.

Invesco QQQ Dividend Announcement

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