Boston Common Asset Management LLC cut its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 11.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 459 shares of the exchange traded fund’s stock after selling 60 shares during the period. Boston Common Asset Management LLC’s holdings in Invesco QQQ were worth $235,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the business. GAMMA Investing LLC boosted its holdings in Invesco QQQ by 159.6% during the fourth quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock valued at $1,712,000 after acquiring an additional 2,059 shares during the period. Principal Financial Group Inc. boosted its holdings in Invesco QQQ by 141.0% during the third quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock valued at $9,468,000 after acquiring an additional 11,351 shares during the period. Socha Financial Group LLC boosted its holdings in Invesco QQQ by 2.4% during the third quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock valued at $44,732,000 after acquiring an additional 2,171 shares during the period. NRI Wealth Management LC bought a new stake in Invesco QQQ during the fourth quarter valued at about $28,729,000. Finally, Garden State Investment Advisory Services LLC boosted its holdings in Invesco QQQ by 13.1% during the third quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock valued at $15,169,000 after acquiring an additional 3,581 shares during the period. 44.58% of the stock is currently owned by institutional investors.
Invesco QQQ Stock Performance
QQQ stock opened at $521.74 on Friday. Invesco QQQ has a 52-week low of $409.16 and a 52-week high of $539.15. The company has a 50-day moving average of $515.79 and a two-hundred day moving average of $491.80.
Invesco QQQ Dividend Announcement
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.
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