Blue Fin Capital Inc. Sells 90 Shares of Invesco QQQ Trust (NASDAQ:QQQ)

Blue Fin Capital Inc. decreased its holdings in Invesco QQQ Trust (NASDAQ:QQQ – Get Rating) by 2.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,230 shares of the exchange traded fund’s stock after selling 90 shares during the quarter. Blue Fin Capital Inc.’s holdings in Invesco QQQ Trust were worth $863,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Centiva Capital LP increased its position in shares of Invesco QQQ Trust by 862.3% during the 2nd quarter. Centiva Capital LP now owns 963,300 shares of the exchange traded fund’s stock valued at $269,994,000 after purchasing an additional 863,200 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in Invesco QQQ Trust by 1,023.2% in the 2nd 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 in the last quarter. Sumitomo Mitsui Financial Group Inc. increased its holdings in Invesco QQQ Trust by 1,533.0% in the 2nd 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. Varma Mutual Pension Insurance Co increased its holdings in Invesco QQQ Trust by 891.6% in the 2nd quarter. Varma Mutual Pension Insurance Co now owns 770,897 shares of the exchange traded fund’s stock worth $216,067,000 after acquiring an additional 693,155 shares in the last quarter. Finally, Tredje AP fonden purchased a new stake in Invesco QQQ Trust in the 2nd quarter worth approximately $121,922,000. Hedge funds and other institutional investors own 43.08% of the company’s stock.

Invesco QQQ Trust Price Performance

Invesco QQQ Trust stock opened at $282.68 on Monday. The firm has a 50 day moving average of $278.19 and a 200 day moving average of $287.58. Invesco QQQ Trust has a 12-month low of $254.26 and a 12-month high of $371.83.

Invesco QQQ Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 23rd. Investors of record on Tuesday, December 20th were issued a $0.655 dividend. This represents a $2.62 annualized dividend and a yield of 0.93%. This is a positive change from Invesco QQQ Trust’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend was Monday, December 19th.

Invesco QQQ Trust Company 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.