Boston Common Asset Management LLC Has $235,000 Position in Invesco QQQ (NASDAQ:QQQ)

Boston Common Asset Management LLC lowered its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 11.6% in the fourth quarter, Holdings Channel reports. 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 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Northeast Investment Management increased its stake in shares of Invesco QQQ by 0.6% in the 3rd quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock valued at $1,697,000 after acquiring an additional 20 shares in the last quarter. Planning Capital Management Corp increased its stake in shares of Invesco QQQ by 7.1% in the 3rd quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock valued at $146,000 after acquiring an additional 20 shares in the last quarter. Cardinal Point Capital Management ULC increased its stake in Invesco QQQ by 0.5% during the 4th quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock valued at $1,995,000 after purchasing an additional 20 shares in the last quarter. Skyline Advisors Inc. increased its stake in Invesco QQQ by 5.0% during the 3rd quarter. Skyline Advisors Inc. now owns 441 shares of the exchange traded fund’s stock valued at $215,000 after purchasing an additional 21 shares in the last quarter. Finally, Madden Advisory Services Inc. increased its stake in Invesco QQQ by 0.9% during the 3rd quarter. Madden Advisory Services Inc. now owns 2,487 shares of the exchange traded fund’s stock valued at $1,214,000 after purchasing an additional 21 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $521.74 on Friday. The firm has a fifty day simple moving average of $515.79 and a two-hundred day simple moving average of $491.80. Invesco QQQ has a 12 month low of $409.16 and a 12 month high of $539.15.

Invesco QQQ Dividend Announcement

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