Wilmington Savings Fund Society FSB Has $55.89 Million Position in Invesco QQQ (NASDAQ:QQQ)

Wilmington Savings Fund Society FSB cut its position in Invesco QQQ (NASDAQ:QQQ) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 109,331 shares of the exchange traded fund’s stock after selling 828 shares during the period. Invesco QQQ comprises about 1.0% of Wilmington Savings Fund Society FSB’s portfolio, making the stock its 19th largest position. Wilmington Savings Fund Society FSB’s holdings in Invesco QQQ were worth $55,893,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in Invesco QQQ by 159.6% during the fourth quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock worth $1,712,000 after acquiring an additional 2,059 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Invesco QQQ by 141.0% in the third quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock valued at $9,468,000 after buying an additional 11,351 shares during the period. Socha Financial Group LLC raised its holdings in shares of Invesco QQQ by 2.4% during the third quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock worth $44,732,000 after acquiring an additional 2,171 shares during the period. NRI Wealth Management LC bought a new stake in Invesco QQQ in the 4th quarter valued at $28,729,000. Finally, Garden State Investment Advisory Services LLC boosted its stake in Invesco QQQ by 13.1% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock worth $15,169,000 after purchasing an additional 3,581 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Down 1.3 %

QQQ stock opened at $522.92 on Friday. The business has a 50-day moving average of $521.00 and a 200-day moving average of $495.29. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15.

Invesco QQQ Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.8347 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.