Invesco QQQ (NASDAQ:QQQ) is PPS&V Asset Management Consultants Inc.’s 2nd Largest Position

PPS&V Asset Management Consultants Inc. trimmed its position in Invesco QQQ (NASDAQ:QQQ) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,173 shares of the exchange traded fund’s stock after selling 654 shares during the quarter. Invesco QQQ makes up approximately 17.7% of PPS&V Asset Management Consultants Inc.’s portfolio, making the stock its 2nd biggest holding. PPS&V Asset Management Consultants Inc.’s holdings in Invesco QQQ were worth $26,161,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of QQQ. International Assets Investment Management LLC lifted its position in 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 purchasing an additional 32,516,210 shares during the last quarter. Granite Bay Wealth Management LLC boosted 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 buying an additional 894,532 shares in the last quarter. Toronto Dominion Bank raised its stake 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 worth $2,080,052,000 after acquiring an additional 488,815 shares in the last quarter. CBIZ Investment Advisory Services LLC lifted its holdings in shares of Invesco QQQ by 6,880.6% in the 2nd quarter. CBIZ Investment Advisory Services LLC now owns 395,588 shares of the exchange traded fund’s stock worth $189,530,000 after acquiring an additional 389,921 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Invesco QQQ by 7.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,966,637 shares of the exchange traded fund’s stock valued at $2,379,676,000 after purchasing an additional 338,494 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

Shares of QQQ stock traded down $2.10 during mid-day trading on Monday, reaching $505.09. The stock had a trading volume of 26,128,728 shares, compared to its average volume of 33,527,445. The stock’s 50-day moving average price is $514.92 and its two-hundred day moving average price is $491.12. Invesco QQQ has a 52-week low of $402.92 and a 52-week high of $539.15.

Invesco QQQ Dividend Announcement

The firm also recently declared 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 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.