Invesco QQQ (NASDAQ:QQQ) Shares Bought by Fortem Financial Group LLC

Fortem Financial Group LLC increased its stake in Invesco QQQ (NASDAQ:QQQ) by 1.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,225 shares of the exchange traded fund’s stock after acquiring an additional 109 shares during the quarter. Invesco QQQ accounts for approximately 2.2% of Fortem Financial Group LLC’s portfolio, making the stock its 8th largest position. Fortem Financial Group LLC’s holdings in Invesco QQQ were worth $5,739,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. International Assets Investment Management LLC increased its holdings in shares of Invesco QQQ by 46,491.6% during the third quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock valued at $15,904,322,000 after acquiring an additional 32,516,210 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Invesco QQQ by 7.3% during the second quarter. Ameriprise Financial Inc. now owns 4,966,637 shares of the exchange traded fund’s stock worth $2,379,676,000 after buying an additional 338,494 shares during the last quarter. Toronto Dominion Bank lifted its stake in shares of 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 valued at $2,080,052,000 after buying an additional 488,815 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco QQQ by 1.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,199,214 shares of the exchange traded fund’s stock valued at $1,532,904,000 after buying an additional 33,790 shares during the last quarter. Finally, Strategic Financial Concepts LLC increased its position in shares of Invesco QQQ by 18,691.3% during the second quarter. Strategic Financial Concepts LLC now owns 2,777,351 shares of the exchange traded fund’s stock worth $13,307,000 after acquiring an additional 2,762,571 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ QQQ traded up $5.15 during trading hours on Monday, hitting $523.73. The company’s stock had a trading volume of 29,116,474 shares, compared to its average volume of 31,077,904. Invesco QQQ has a 52 week low of $397.84 and a 52 week high of $539.15. The company’s 50-day simple moving average is $512.63 and its two-hundred day simple moving average is $489.84.

Invesco QQQ Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given 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.