Invesco QQQ (NASDAQ:QQQ) Shares Sold by Integral Investment Advisors Inc.

Integral Investment Advisors Inc. cut its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 1.4% in the 4th quarter, Holdings Channel reports. The firm owned 23,369 shares of the exchange traded fund’s stock after selling 332 shares during the period. Invesco QQQ makes up approximately 3.9% of Integral Investment Advisors Inc.’s portfolio, making the stock its 4th largest holding. Integral Investment Advisors Inc.’s holdings in Invesco QQQ were worth $11,947,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Toronto Dominion Bank raised its holdings in shares of Invesco QQQ by 13.0% during the third quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after acquiring an additional 488,815 shares during the period. 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 period. CHURCHILL MANAGEMENT Corp raised its holdings in shares of Invesco QQQ by 0.8% during 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 during the period. Stifel Financial Corp raised its holdings in shares of Invesco QQQ by 0.3% during the third quarter. Stifel Financial Corp now owns 871,333 shares of the exchange traded fund’s stock valued at $425,324,000 after acquiring an additional 2,572 shares during the period. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of Invesco QQQ by 2.3% during the third quarter. Rockefeller Capital Management L.P. now owns 849,259 shares of the exchange traded fund’s stock valued at $414,429,000 after acquiring an additional 18,833 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

QQQ stock opened at $526.08 on Friday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $540.81. The company’s 50 day simple moving average is $523.39 and its 200-day simple moving average is $501.12.

Invesco QQQ Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a dividend of $0.8347 per share. 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.