Peddock Capital Advisors LLC Sells 212 Shares of Invesco QQQ Trust (NASDAQ:QQQ)

Peddock Capital Advisors LLC decreased its holdings in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 2.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,535 shares of the exchange traded fund’s stock after selling 212 shares during the period. Peddock Capital Advisors LLC’s holdings in Invesco QQQ Trust were worth $1,423,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Prospera Financial Services Inc bought a new stake in shares of Invesco QQQ Trust during the second quarter valued at approximately $8,993,000. Morgan Stanley increased its position in shares of Invesco QQQ Trust by 59.8% during the second quarter. Morgan Stanley now owns 17,764,053 shares of the exchange traded fund’s stock valued at $3,317,260,000 after acquiring an additional 6,650,061 shares in the last quarter. Thoroughbred Financial Services LLC increased its position in shares of Invesco QQQ Trust by 19,082.5% during the second quarter. Thoroughbred Financial Services LLC now owns 5,919,517 shares of the exchange traded fund’s stock valued at $591,952,000 after acquiring an additional 5,888,658 shares in the last quarter. Varma Mutual Pension Insurance Co increased its position in shares of Invesco QQQ Trust by 796.0% during the third quarter. Varma Mutual Pension Insurance Co now owns 5,838,234 shares of the exchange traded fund’s stock valued at $1,102,316,000 after acquiring an additional 5,186,643 shares in the last quarter. Finally, Mizuho Securities USA LLC increased its position in shares of Invesco QQQ Trust by 7,878.1% during the second quarter. Mizuho Securities USA LLC now owns 1,259,582 shares of the exchange traded fund’s stock valued at $235,355,000 after acquiring an additional 1,243,794 shares in the last quarter. 45.92% of the stock is owned by institutional investors and hedge funds.

Shares of QQQ traded down $0.62 on Wednesday, hitting $192.90. 15,796,498 shares of the stock traded hands, compared to its average volume of 31,068,122. The business has a 50 day simple moving average of $189.27 and a 200 day simple moving average of $186.80. Invesco QQQ Trust has a one year low of $143.46 and a one year high of $195.55.

The company also recently declared a — dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, September 24th will be given a dividend of $0.3842 per share. This represents a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, September 23rd.

Invesco QQQ Trust 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.

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

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