Invesco QQQ $QQQ Shares Sold by Mizuho Markets Americas LLC

Mizuho Markets Americas LLC lowered its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 43.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,605 shares of the exchange traded fund’s stock after selling 1,250 shares during the period. Mizuho Markets Americas LLC’s holdings in Invesco QQQ were worth $986,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in QQQ. Goodman Advisory Group LLC purchased a new stake in Invesco QQQ during the 3rd quarter valued at about $25,000. Shcp LLC purchased a new position in shares of Invesco QQQ in the third quarter worth about $27,000. Rachor Investment Advisory Services LLC acquired a new stake in shares of Invesco QQQ during the fourth quarter worth about $29,000. Measured Wealth Private Client Group LLC purchased a new stake in Invesco QQQ in the third quarter valued at approximately $40,000. Finally, Morgan Dempsey Capital Management LLC boosted its position in Invesco QQQ by 45.5% in the third quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 25 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Invesco QQQ

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Trading Up 0.4%

Shares of NASDAQ:QQQ opened at $717.54 on Friday. Invesco QQQ has a twelve month low of $505.58 and a twelve month high of $722.12. The company’s 50 day moving average is $638.80 and its 200 day moving average is $623.07.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a $0.7328 dividend. This represents a $2.93 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, March 23rd.

About Invesco QQQ

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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