NTV Asset Management LLC Has $31.79 Million Stock Position in Invesco QQQ (NASDAQ:QQQ)

NTV Asset Management LLC boosted its position in Invesco QQQ (NASDAQ:QQQ) by 1.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 77,619 shares of the exchange traded fund’s stock after buying an additional 753 shares during the period. Invesco QQQ makes up 5.4% of NTV Asset Management LLC’s holdings, making the stock its 2nd biggest holding. NTV Asset Management LLC’s holdings in Invesco QQQ were worth $31,787,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC grew its stake in Invesco QQQ by 40,957.3% in the fourth quarter. International Assets Investment Management LLC now owns 28,332,433 shares of the exchange traded fund’s stock valued at $11,602,698,000 after acquiring an additional 28,263,426 shares during the period. Comerica Bank acquired a new stake in Invesco QQQ in the 3rd quarter valued at $140,657,000. Granite Bay Wealth Management LLC increased its stake in Invesco QQQ by 47.1% during the 4th quarter. Granite Bay Wealth Management LLC now owns 1,183,279 shares of the exchange traded fund’s stock valued at $451,075,000 after purchasing an additional 378,922 shares in the last quarter. CHURCHILL MANAGEMENT Corp raised its holdings in Invesco QQQ by 36.3% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,413,069 shares of the exchange traded fund’s stock worth $578,680,000 after buying an additional 376,661 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in shares of Invesco QQQ by 77.2% in the fourth quarter. Cerity Partners LLC now owns 842,894 shares of the exchange traded fund’s stock valued at $345,182,000 after buying an additional 367,317 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 2.0 %

Shares of NASDAQ:QQQ traded up $8.58 during midday trading on Friday, hitting $435.48. 48,515,252 shares of the company’s stock were exchanged, compared to its average volume of 48,759,256. Invesco QQQ has a 12 month low of $315.11 and a 12 month high of $449.34. The stock has a 50 day moving average price of $436.53 and a 200-day moving average price of $412.18.

Invesco QQQ Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.5735 per share. This represents a $2.29 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date was Monday, March 18th.

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.