Integral Investment Advisors Inc. Has $11.95 Million Stock Position in Invesco QQQ (NASDAQ:QQQ)

Integral Investment Advisors Inc. lessened its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 1.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,369 shares of the exchange traded fund’s stock after selling 332 shares during the period. Invesco QQQ accounts for approximately 3.9% of Integral Investment Advisors Inc.’s holdings, making the stock its 4th biggest position. Integral Investment Advisors Inc.’s holdings in Invesco QQQ were worth $11,947,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Strategic Financial Concepts LLC grew its position in Invesco QQQ by 47,853.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock worth $2,103,184,000 after purchasing an additional 4,105,389 shares during the last quarter. Toronto Dominion Bank grew its position 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 purchasing an additional 488,815 shares during the last quarter. Cibc World Market Inc. lifted its stake in shares of Invesco QQQ by 90.0% in the 4th quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock worth $350,764,000 after acquiring an additional 324,948 shares during the period. Bell Bank lifted its stake in shares of Invesco QQQ by 112.7% in the 4th quarter. Bell Bank now owns 381,080 shares of the exchange traded fund’s stock worth $194,820,000 after acquiring an additional 201,918 shares during the period. Finally, Empirical Asset Management LLC lifted its stake in shares of Invesco QQQ by 15,676.3% in the 4th quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock worth $103,720,000 after acquiring an additional 201,597 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 2.1 %

Shares of NASDAQ:QQQ opened at $526.08 on Friday. The company has a 50 day moving average of $523.39 and a 200-day moving average of $501.12. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $540.81.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date 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.