Invesco QQQ $QQQ Stock Holdings Reduced by Thor Trading Advisors LLC

Thor Trading Advisors LLC trimmed its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 6.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 89,535 shares of the exchange traded fund’s stock after selling 6,561 shares during the quarter. Invesco QQQ makes up approximately 22.6% of Thor Trading Advisors LLC’s holdings, making the stock its biggest holding. Thor Trading Advisors LLC’s holdings in Invesco QQQ were worth $66,235,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Dixon Fnancial Services Inc. lifted its stake in Invesco QQQ by 119.9% during the third quarter. Dixon Fnancial Services Inc. now owns 1,834 shares of the exchange traded fund’s stock worth $1,357,000 after purchasing an additional 1,000 shares in the last quarter. Ascension Capital Advisors Inc. boosted its position in shares of Invesco QQQ by 643.8% during the first quarter. Ascension Capital Advisors Inc. now owns 3,094 shares of the exchange traded fund’s stock worth $1,786,000 after buying an additional 2,678 shares during the period. Financial Insights Inc. grew its stake in shares of Invesco QQQ by 6.8% in the second quarter. Financial Insights Inc. now owns 29,790 shares of the exchange traded fund’s stock valued at $21,938,000 after buying an additional 1,901 shares in the last quarter. First Bancorp Inc ME acquired a new stake in shares of Invesco QQQ in the second quarter valued at $677,000. Finally, RWQ Financial Management Services Inc. grew its stake in shares of Invesco QQQ by 87.7% in the third quarter. RWQ Financial Management Services Inc. now owns 14,012 shares of the exchange traded fund’s stock valued at $10,366,000 after buying an additional 6,547 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ News Summary

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Trading Down 0.7%

QQQ stock opened at $674.76 on Wednesday. The business’s fifty day moving average price is $719.39 and its 200 day moving average price is $680.92. Invesco QQQ has a 12-month low of $555.60 and a 12-month high of $762.86.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Monday, September 21st were issued a $0.7514 dividend. This represents a $3.01 dividend on an annualized basis and a dividend yield of 0.4%. This is a decrease from Invesco QQQ’s previous quarterly dividend of $0.8135. The ex-dividend date was Monday, September 21st.

Invesco QQQ Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ – Free Report).

Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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