Edmond DE Rothschild Holding S.A. Lowers Stock Holdings in Invesco QQQ Trust (NASDAQ:QQQ)

Edmond DE Rothschild Holding S.A. lessened its stake in Invesco QQQ Trust (NASDAQ:QQQGet Rating) by 3.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 113,169 shares of the exchange traded fund’s stock after selling 4,346 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Invesco QQQ Trust were worth $31,719,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QQQ. JPMorgan Chase & Co. boosted its holdings in Invesco QQQ Trust by 150.3% in the 1st quarter. JPMorgan Chase & Co. now owns 5,240,784 shares of the exchange traded fund’s stock valued at $1,899,993,000 after purchasing an additional 3,146,789 shares in the last quarter. Aaron Wealth Advisors LLC grew its holdings in Invesco QQQ Trust by 36,154.0% during the first quarter. Aaron Wealth Advisors LLC now owns 847,255 shares of the exchange traded fund’s stock worth $2,337,000 after acquiring an additional 844,918 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in Invesco QQQ Trust by 1,023.2% during the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 871,991 shares of the exchange traded fund’s stock worth $245,747,000 after acquiring an additional 794,359 shares during the period. Sumitomo Mitsui Financial Group Inc. raised its position in Invesco QQQ Trust by 1,533.0% in the second quarter. Sumitomo Mitsui Financial Group Inc. now owns 838,424 shares of the exchange traded fund’s stock worth $234,993,000 after acquiring an additional 787,080 shares in the last quarter. Finally, Meitav Dash Investments Ltd. lifted its holdings in Invesco QQQ Trust by 96.3% in the second quarter. Meitav Dash Investments Ltd. now owns 1,461,523 shares of the exchange traded fund’s stock valued at $408,169,000 after acquiring an additional 716,957 shares during the period. 41.46% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trust Price Performance

Shares of NASDAQ QQQ traded up $2.87 during trading on Thursday, hitting $288.82. 46,389,967 shares of the company were exchanged, compared to its average volume of 60,833,204. Invesco QQQ Trust has a 1 year low of $254.26 and a 1 year high of $404.58. The firm’s fifty day moving average price is $276.55 and its 200 day moving average price is $292.19.

Invesco QQQ Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 31st. Investors of record on Tuesday, September 20th were issued a dividend of $0.519 per share. This represents a $2.08 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date of this dividend was Monday, September 19th.

Invesco QQQ Trust Profile

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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.

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Institutional Ownership by Quarter for Invesco QQQ Trust (NASDAQ:QQQ)

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