Tsfg LLC Boosts Stock Position in Invesco QQQ (NASDAQ:QQQ)

Tsfg LLC raised its holdings in Invesco QQQ (NASDAQ:QQQ) by 16.0% in the fourth quarter, Holdings Channel reports. The firm owned 17,756 shares of the exchange traded fund’s stock after purchasing an additional 2,448 shares during the period. Invesco QQQ accounts for 1.9% of Tsfg LLC’s investment portfolio, making the stock its 14th largest holding. Tsfg LLC’s holdings in Invesco QQQ were worth $9,077,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. International Assets Investment Management LLC raised its stake in shares of Invesco QQQ by 46,491.6% in the third quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock valued at $15,904,322,000 after buying an additional 32,516,210 shares during the period. Granite Bay Wealth Management LLC increased its holdings in Invesco QQQ by 6,215.5% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund’s stock worth $409,513,000 after acquiring an additional 894,532 shares during the last quarter. Toronto Dominion Bank increased its holdings in Invesco QQQ by 13.0% in 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 acquiring an additional 488,815 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Invesco QQQ by 7.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,966,637 shares of the exchange traded fund’s stock valued at $2,379,676,000 after acquiring an additional 338,494 shares during the period. Finally, Main Management ETF Advisors LLC lifted its holdings in Invesco QQQ by 33.5% during the third quarter. Main Management ETF Advisors LLC now owns 731,920 shares of the exchange traded fund’s stock valued at $357,228,000 after purchasing an additional 183,550 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Down 0.3 %

Shares of NASDAQ:QQQ opened at $505.56 on Tuesday. The company has a 50-day moving average price of $515.32 and a two-hundred day moving average price of $491.29. Invesco QQQ has a twelve month low of $402.92 and a twelve month high of $539.15.

Invesco QQQ Announces Dividend

The firm also recently disclosed 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 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.