Toth Financial Advisory Corp Reduces Stock Position in Invesco QQQ (NASDAQ:QQQ)

Toth Financial Advisory Corp lessened its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 0.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,126 shares of the exchange traded fund’s stock after selling 63 shares during the period. Toth Financial Advisory Corp’s holdings in Invesco QQQ were worth $3,643,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC grew its holdings 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 acquiring an additional 32,516,210 shares during the period. Granite Bay Wealth Management LLC grew its stake in Invesco QQQ by 6,215.5% in the second quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund’s stock worth $409,513,000 after purchasing an additional 894,532 shares during the period. Toronto Dominion Bank raised its holdings in Invesco QQQ by 13.0% in the third 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 in the last quarter. Empirical Asset Management LLC lifted its position in Invesco QQQ by 15,676.3% during the fourth quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock valued at $103,720,000 after buying an additional 201,597 shares during the period. Finally, Main Management ETF Advisors LLC boosted its holdings in shares of Invesco QQQ by 33.5% during the 3rd quarter. Main Management ETF Advisors LLC now owns 731,920 shares of the exchange traded fund’s stock valued at $357,228,000 after buying an additional 183,550 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.6 %

NASDAQ:QQQ opened at $529.63 on Friday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15. The firm’s 50-day moving average price is $517.86 and its 200-day moving average price is $493.31.

Invesco QQQ Dividend Announcement

The firm also recently announced 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.

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.