Invesco QQQ (NASDAQ:QQQ) Stock Holdings Lessened by Two Sigma Securities LLC

Two Sigma Securities LLC lessened its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 92.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 787 shares of the exchange traded fund's stock after selling 10,081 shares during the period. Two Sigma Securities LLC's holdings in Invesco QQQ were worth $402,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. PayPay Securities Corp boosted its position in shares of Invesco QQQ by 276.9% during the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund's stock valued at $25,000 after purchasing an additional 36 shares in the last quarter. Bridge Generations Wealth Management LLC acquired a new position in Invesco QQQ in the fourth quarter worth approximately $35,000. Roxbury Financial LLC bought a new position in shares of Invesco QQQ in the fourth quarter valued at $37,000. Hoese & Co LLP lifted its position in shares of Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund's stock valued at $42,000 after acquiring an additional 20 shares during the last quarter. Finally, Midwest Capital Advisors LLC bought a new stake in shares of Invesco QQQ during the 4th quarter worth $51,000. Institutional investors and hedge funds own 44.58% of the company's stock.

Invesco QQQ Trading Up 0.2 %

Shares of NASDAQ QQQ traded up $0.87 during mid-day trading on Wednesday, reaching $476.40. The company had a trading volume of 39,168,436 shares, compared to its average volume of 36,481,248. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $540.81. The stock has a market cap of $301.87 billion, a PE ratio of 28.58 and a beta of 1.11. The company has a 50-day moving average price of $471.82 and a two-hundred day moving average price of $499.81.

Invesco QQQ Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.7157 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.