Invesco QQQ (NASDAQ:QQQ) Shares Sold by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. lessened its holdings in Invesco QQQ (NASDAQ:QQQ) by 21.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,629 shares of the exchange traded fund’s stock after selling 11,134 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Invesco QQQ were worth $16,238,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. 180 Wealth Advisors LLC lifted its stake in Invesco QQQ by 1.2% in the third quarter. 180 Wealth Advisors LLC now owns 2,428 shares of the exchange traded fund’s stock worth $870,000 after acquiring an additional 29 shares during the last quarter. Bank Hapoalim BM lifted 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 worth $31,669,000 after purchasing an additional 4,549 shares during the last quarter. Goodwin Daniel L grew its stake in shares of Invesco QQQ by 76.1% during the third quarter. Goodwin Daniel L now owns 5,775 shares of the exchange traded fund’s stock worth $2,069,000 after purchasing an additional 2,495 shares in the last quarter. Ameriprise Financial Inc. increased its holdings 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 buying an additional 243,305 shares during the last quarter. Finally, VitalStone Financial LLC raised its stake 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 buying an additional 16,079 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Down 1.6 %

NASDAQ QQQ traded down $7.10 during trading on Friday, reaching $438.27. 53,664,995 shares of the company’s stock were exchanged, compared to its average volume of 41,218,740. The company has a 50 day moving average price of $438.24 and a two-hundred day moving average price of $405.89. Invesco QQQ has a 1 year low of $309.89 and a 1 year high of $449.34.

Invesco QQQ Dividend Announcement

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

Invesco QQQ 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.