17 Capital Partners LLC Lowers Stake in Invesco QQQ (NASDAQ:QQQ)

17 Capital Partners LLC decreased its holdings in Invesco QQQ (NASDAQ:QQQ) by 8.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,326 shares of the exchange traded fund’s stock after selling 206 shares during the quarter. 17 Capital Partners LLC’s holdings in Invesco QQQ were worth $1,189,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. International Assets Investment Management LLC raised its position in shares of Invesco QQQ by 46,491.6% during the 3rd quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock worth $15,904,322,000 after purchasing an additional 32,516,210 shares during the last quarter. Toronto Dominion Bank increased its stake in Invesco QQQ by 13.0% during 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 buying an additional 488,815 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of Invesco QQQ by 47,853.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock valued at $2,103,184,000 after acquiring an additional 4,105,389 shares during the last quarter. CHURCHILL MANAGEMENT Corp lifted its position in shares of Invesco QQQ by 0.8% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock valued at $940,676,000 after acquiring an additional 13,772 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of Invesco QQQ by 0.3% in the third quarter. Stifel Financial Corp now owns 871,333 shares of the exchange traded fund’s stock worth $425,324,000 after acquiring an additional 2,572 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $522.92 on Friday. The business has a fifty day moving average price of $521.26 and a 200 day moving average price of $495.57. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15.

Invesco QQQ Dividend Announcement

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

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.