Invesco QQQ (NASDAQ:QQQ) Stock Holdings Lifted by Jacobi Capital Management LLC

Jacobi Capital Management LLC raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 0.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 82,568 shares of the exchange traded fund’s stock after acquiring an additional 77 shares during the period. Invesco QQQ comprises about 3.2% of Jacobi Capital Management LLC’s portfolio, making the stock its 3rd biggest holding. Jacobi Capital Management LLC’s holdings in Invesco QQQ were worth $42,211,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Proficio Capital Partners LLC increased its stake in Invesco QQQ by 51,292.3% in the 4th quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund’s stock worth $5,879,434,000 after buying an additional 11,478,188 shares in the last quarter. Strategic Financial Concepts LLC lifted its holdings in Invesco QQQ by 47,853.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock worth $2,103,184,000 after purchasing an additional 4,105,389 shares in the last quarter. Artemis Wealth Advisors LLC grew its holdings in Invesco QQQ by 1,337.4% during the 4th quarter. Artemis Wealth Advisors LLC now owns 828,335 shares of the exchange traded fund’s stock valued at $423,470,000 after buying an additional 895,277 shares in the last quarter. Toronto Dominion Bank grew its stake in 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 in the last quarter. Finally, Cibc World Market Inc. lifted its stake in Invesco QQQ by 90.0% in the 4th quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock worth $350,764,000 after purchasing an additional 324,948 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.6 %

Shares of Invesco QQQ stock opened at $508.30 on Friday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $540.81. The business has a 50-day moving average price of $522.05 and a 200-day moving average price of $503.00. The firm has a market cap of $320.36 billion, a price-to-earnings ratio of 33.43 and a beta of 1.11.

Invesco QQQ Dividend Announcement

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