Masso Torrence Wealth Management Inc. Sells 396 Shares of Invesco QQQ (NASDAQ:QQQ)

Masso Torrence Wealth Management Inc. reduced its holdings in Invesco QQQ (NASDAQ:QQQ) by 2.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,983 shares of the exchange traded fund’s stock after selling 396 shares during the period. Invesco QQQ comprises 4.6% of Masso Torrence Wealth Management Inc.’s holdings, making the stock its 5th largest position. Masso Torrence Wealth Management Inc.’s holdings in Invesco QQQ were worth $8,682,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. International Assets Investment Management LLC lifted its position in shares of Invesco QQQ by 46,491.6% in 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. Toronto Dominion Bank lifted its position 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 worth $2,080,052,000 after buying an additional 488,815 shares in the last quarter. CHURCHILL MANAGEMENT Corp lifted its position in Invesco QQQ by 0.8% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock worth $940,676,000 after buying an additional 13,772 shares in the last quarter. Stifel Financial Corp lifted its position in Invesco QQQ by 0.3% during the third quarter. Stifel Financial Corp now owns 871,333 shares of the exchange traded fund’s stock worth $425,324,000 after buying an additional 2,572 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in Invesco QQQ by 2.3% during the third quarter. Rockefeller Capital Management L.P. now owns 849,259 shares of the exchange traded fund’s stock worth $414,429,000 after buying an additional 18,833 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trading Down 0.2 %

Shares of Invesco QQQ stock opened at $520.83 on Thursday. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15. The business’s 50 day moving average price is $518.51 and its 200 day moving average price is $493.56.

Invesco QQQ Announces Dividend

The business also recently disclosed 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.

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.