Fullerton Fund Management Co Ltd. Sells 17,481 Shares of Invesco QQQ (NASDAQ:QQQ)

Fullerton Fund Management Co Ltd. trimmed its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 7.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224,860 shares of the exchange traded fund’s stock after selling 17,481 shares during the quarter. Invesco QQQ comprises approximately 5.4% of Fullerton Fund Management Co Ltd.’s portfolio, making the stock its 6th largest holding. Fullerton Fund Management Co Ltd.’s holdings in Invesco QQQ were worth $92,085,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of QQQ. Bank Hapoalim BM raised its position in shares of Invesco QQQ by 6.3% during the 4th quarter. Bank Hapoalim BM now owns 77,333 shares of the exchange traded fund’s stock valued at $31,669,000 after buying an additional 4,549 shares during the period. Aviance Capital Partners LLC raised its position in Invesco QQQ by 29.7% in the fourth quarter. Aviance Capital Partners LLC now owns 4,514 shares of the exchange traded fund’s stock valued at $1,848,000 after purchasing an additional 1,033 shares during the period. Ameriprise Financial Inc. raised its position in Invesco QQQ by 6.1% in the third quarter. Ameriprise Financial Inc. now owns 4,259,295 shares of the exchange traded fund’s stock valued at $1,530,696,000 after purchasing an additional 243,305 shares during the period. VitalStone Financial LLC raised its position in Invesco QQQ by 302.0% in the third quarter. VitalStone Financial LLC now owns 21,403 shares of the exchange traded fund’s stock valued at $8,099,000 after purchasing an additional 16,079 shares during the period. Finally, Scarborough Advisors LLC grew its stake in shares of Invesco QQQ by 73.3% in the third quarter. Scarborough Advisors LLC now owns 1,374 shares of the exchange traded fund’s stock worth $492,000 after acquiring an additional 581 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ traded up $2.57 during trading on Thursday, hitting $476.72. The company’s stock had a trading volume of 24,473,590 shares, compared to its average volume of 41,944,789. The business has a 50 day moving average price of $443.64 and a two-hundred day moving average price of $428.96. Invesco QQQ has a fifty-two week low of $342.35 and a fifty-two week high of $478.39.

Invesco QQQ Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th were paid a $0.5735 dividend. The ex-dividend date was Monday, March 18th. This represents a $2.29 annualized dividend and a dividend yield of 0.48%.

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

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