Chartist Inc. CA trimmed its position in Invesco QQQ Trust (NASDAQ:QQQ) by 5.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,871 shares of the exchange traded fund’s stock after selling 4,711 shares during the quarter. Invesco QQQ Trust comprises 6.2% of Chartist Inc. CA’s investment portfolio, making the stock its 5th biggest position. Chartist Inc. CA’s holdings in Invesco QQQ Trust were worth $14,096,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of QQQ. Signature Estate & Investment Advisors LLC acquired a new position in shares of Invesco QQQ Trust in the 2nd quarter worth approximately $104,000. Providence Capital Advisors LLC lifted its holdings in shares of Invesco QQQ Trust by 487.4% in the 2nd quarter. Providence Capital Advisors LLC now owns 605 shares of the exchange traded fund’s stock worth $104,000 after acquiring an additional 502 shares during the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new position in shares of Invesco QQQ Trust in the 3rd quarter worth approximately $108,000. Opera Trading Capital acquired a new position in shares of Invesco QQQ Trust in the 2nd quarter worth approximately $112,000. Finally, Quad Cities Investment Group LLC acquired a new position in shares of Invesco QQQ Trust in the 2nd quarter worth approximately $128,000. Institutional investors own 39.98% of the company’s stock.

Shares of QQQ stock opened at $166.47 on Wednesday. Invesco QQQ Trust has a one year low of $150.13 and a one year high of $187.53.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 31st. Stockholders of record on Tuesday, September 25th were issued a $0.3298 dividend. The ex-dividend date was Monday, September 24th. This represents a $1.32 annualized dividend and a dividend yield of 0.79%.

Separately, Bank of America lowered shares of Invesco QQQ Trust from a “buy” rating to a “neutral” rating in a report on Monday, November 5th.

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About Invesco QQQ Trust

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 Trust (NASDAQ:QQQ)

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