Invesco QQQ (NASDAQ:QQQ) Stock Holdings Lessened by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lessened its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 19.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 655,846 shares of the exchange traded fund’s stock after selling 161,165 shares during the period. Invesco QQQ accounts for approximately 1.4% of Mirae Asset Global Investments Co. Ltd.’s holdings, making the stock its 11th biggest position. Mirae Asset Global Investments Co. Ltd. owned 0.11% of Invesco QQQ worth $339,009,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Berkshire Money Management Inc. grew its stake in shares of Invesco QQQ by 0.4% in the fourth quarter. Berkshire Money Management Inc. now owns 153,808 shares of the exchange traded fund’s stock worth $78,631,000 after purchasing an additional 585 shares in the last quarter. Y.D. More Investments Ltd raised its position in shares of Invesco QQQ by 23.8% during the 4th quarter. Y.D. More Investments Ltd now owns 24,350 shares of the exchange traded fund’s stock worth $12,449,000 after buying an additional 4,680 shares in the last quarter. Jackson Wealth Management LLC lifted its stake in shares of Invesco QQQ by 15.8% in the 4th quarter. Jackson Wealth Management LLC now owns 18,519 shares of the exchange traded fund’s stock worth $9,468,000 after acquiring an additional 2,522 shares during the period. Spirit of America Management Corp NY boosted its holdings in shares of Invesco QQQ by 11.5% in the fourth quarter. Spirit of America Management Corp NY now owns 350 shares of the exchange traded fund’s stock valued at $179,000 after acquiring an additional 36 shares in the last quarter. Finally, Hager Investment Management Services LLC acquired a new position in shares of Invesco QQQ during the fourth quarter valued at approximately $227,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.2 %

Shares of QQQ stock opened at $524.47 on Wednesday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The business’s fifty day moving average is $519.78 and its 200-day moving average is $494.47.

Invesco QQQ Announces Dividend

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