Courier Capital LLC Has $3.97 Million Stake in Invesco QQQ Trust (QQQ)

Courier Capital LLC lowered its stake in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 3.6% during the third quarter, Holdings Channel reports. The fund owned 21,363 shares of the exchange traded fund’s stock after selling 800 shares during the period. Courier Capital LLC’s holdings in Invesco QQQ Trust were worth $3,969,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Pittenger & Anderson Inc. grew its holdings in Invesco QQQ Trust by 6.5% during the 3rd quarter. Pittenger & Anderson Inc. now owns 191,648 shares of the exchange traded fund’s stock worth $35,606,000 after acquiring an additional 11,648 shares during the last quarter. BLB&B Advisors LLC lifted its position in Invesco QQQ Trust by 20.6% during the 3rd quarter. BLB&B Advisors LLC now owns 2,828 shares of the exchange traded fund’s stock valued at $525,000 after purchasing an additional 484 shares during the period. Comprehensive Portfolio Management LLC lifted its position in Invesco QQQ Trust by 2.2% during the 3rd quarter. Comprehensive Portfolio Management LLC now owns 219,975 shares of the exchange traded fund’s stock valued at $40,869,000 after purchasing an additional 4,643 shares during the period. Gradient Investments LLC lifted its position in Invesco QQQ Trust by 129.9% during the 3rd quarter. Gradient Investments LLC now owns 4,189 shares of the exchange traded fund’s stock valued at $778,000 after purchasing an additional 2,367 shares during the period. Finally, Gofen & Glossberg LLC IL lifted its position in Invesco QQQ Trust by 29.5% during the 3rd quarter. Gofen & Glossberg LLC IL now owns 12,834 shares of the exchange traded fund’s stock valued at $2,384,000 after purchasing an additional 2,927 shares during the period. 39.00% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Trust stock opened at $174.32 on Friday. Invesco QQQ Trust has a 1 year low of $146.33 and a 1 year high of $187.53.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 31st. Shareholders of record on Tuesday, September 25th will be given a dividend of $0.3298 per share. The ex-dividend date of this dividend is Monday, September 24th. This represents a $1.32 dividend on an annualized basis and a yield of 0.76%.

Invesco QQQ Trust 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.

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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ Trust (NASDAQ:QQQ).

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

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