Financial Futures Ltd Liability Co. Grows Stock Position in Invesco QQQ (NASDAQ:QQQ)

Financial Futures Ltd Liability Co. boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 281.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,121 shares of the exchange traded fund’s stock after purchasing an additional 3,779 shares during the quarter. Invesco QQQ makes up 1.6% of Financial Futures Ltd Liability Co.’s investment portfolio, making the stock its 19th biggest holding. Financial Futures Ltd Liability Co.’s holdings in Invesco QQQ were worth $2,097,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of QQQ. Barclays PLC grew its stake in shares of Invesco QQQ by 113.5% during the second quarter. Barclays PLC now owns 5,777,618 shares of the exchange traded fund’s stock worth $2,134,368,000 after purchasing an additional 48,423,350 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in Invesco QQQ by 156,045.1% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 43,491,085 shares of the exchange traded fund’s stock worth $11,580,806,000 after buying an additional 43,463,232 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of Invesco QQQ by 40,957.3% during the 4th quarter. International Assets Investment Management LLC now owns 28,332,433 shares of the exchange traded fund’s stock worth $11,602,698,000 after acquiring an additional 28,263,426 shares in the last quarter. Morgan Stanley increased its holdings in shares of Invesco QQQ by 10.0% in the 4th quarter. Morgan Stanley now owns 16,815,487 shares of the exchange traded fund’s stock valued at $4,477,628,000 after acquiring an additional 1,533,114 shares during the last quarter. Finally, Granite Bay Wealth Management LLC raised its position in shares of Invesco QQQ by 2,372.7% during the 3rd quarter. Granite Bay Wealth Management LLC now owns 804,357 shares of the exchange traded fund’s stock worth $298,345,000 after acquiring an additional 771,827 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

QQQ stock traded up $0.13 during trading on Monday, hitting $440.60. 27,772,329 shares of the company’s stock were exchanged, compared to its average volume of 44,886,820. The business has a 50-day moving average price of $436.57 and a two-hundred day moving average price of $403.29. Invesco QQQ has a 52-week low of $309.89 and a 52-week high of $449.34.

Invesco QQQ Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, March 19th will be given a dividend of $0.5735 per share. The ex-dividend date of this dividend is Monday, March 18th. This represents a $2.29 annualized dividend and a dividend yield of 0.52%.

Invesco QQQ Company 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.