Invesco QQQ (NASDAQ:QQQ) Shares Sold by Martin Capital Advisors LLP

Martin Capital Advisors LLP decreased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 0.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,497 shares of the exchange traded fund’s stock after selling 25 shares during the quarter. Invesco QQQ makes up 5.0% of Martin Capital Advisors LLP’s holdings, making the stock its 3rd biggest position. Martin Capital Advisors LLP’s holdings in Invesco QQQ were worth $5,937,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. 180 Wealth Advisors LLC grew its position in Invesco QQQ by 1.2% in the third quarter. 180 Wealth Advisors LLC now owns 2,428 shares of the exchange traded fund’s stock valued at $870,000 after acquiring an additional 29 shares during the last quarter. Bank Hapoalim BM grew its position in Invesco QQQ by 6.3% in the fourth quarter. Bank Hapoalim BM now owns 77,333 shares of the exchange traded fund’s stock valued at $31,669,000 after acquiring an additional 4,549 shares during the last quarter. Goodwin Daniel L grew its position in Invesco QQQ by 76.1% in the third quarter. Goodwin Daniel L now owns 5,775 shares of the exchange traded fund’s stock valued at $2,069,000 after acquiring an additional 2,495 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Invesco QQQ by 6.1% during the third quarter. Ameriprise Financial Inc. now owns 4,259,295 shares of the exchange traded fund’s stock worth $1,530,696,000 after purchasing an additional 243,305 shares during the last quarter. Finally, VitalStone Financial LLC grew its holdings in shares of Invesco QQQ by 302.0% during the third quarter. VitalStone Financial LLC now owns 21,403 shares of the exchange traded fund’s stock worth $8,099,000 after purchasing an additional 16,079 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ traded down $8.76 during midday trading on Friday, hitting $414.65. 75,029,088 shares of the stock were exchanged, compared to its average volume of 46,000,395. The business’s 50-day moving average price is $438.05 and its 200 day moving average price is $407.51. Invesco QQQ has a 12 month low of $309.89 and a 12 month high of $449.34.

Invesco QQQ Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th will be given a dividend of $0.5735 per share. This represents a $2.29 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Monday, March 18th.

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.