Investment management firm Natixis Advisors LP recently announced its decision to reduce its stake in Invesco QQQ Trust by 7.9% in the fourth quarter of this year. The company now owns only 10,865 shares after selling 931 of his shares during the quarter, according to a recent Securities and Exchange Commission disclosure. The total assets held by Natixis Advisors LP in the Invesco QQQ Trust are estimated at $2,893,000 at the end of the quarter.
Stock declines are not uncommon in today’s market and reflect a trend seen in many other hedge funds looking to diversify their portfolios. To stay up-to-date on other hedge funds holding QQQ or insider trading within Invesco QQQ Trust (NASDAQ:QQQ), please visit HoldingsChannel.com to view the latest 13F filings.
Additionally, investors who registered on Tuesday, March 21, will receive a dividend from Invesco QQQ Trust on Friday, April 28, according to the recently disclosed quarterly dividend information. The payout will be $0.472 per share, yielding an annual dividend yield of 0.59% and a total annual dividend of $1.89.
Investors should note that Monday, March 20th is the ex-dividend date for this dividend and you must own the shares before this date if you want to receive the next dividend payment. .
Despite these shareholding changes and announced dividends, as markets continue to fluctuate around global economic uncertainty, investors may be wary of changes or changes to the Invesco QQQ Trust (NASDAQ:QQQ). It’s important to stay alert and informed about updates.
Hedge Funds and Institutional Investors Growing Interest in Invesco QQQ Trust ETF
The Invesco QQQ Trust, an exchange-traded fund (ETF) that tracks the performance of the Nasdaq-100 Index, has received significant attention from hedge funds and institutional investors. Recent reports indicate that some hedge funds are increasing their holdings of Invesco QQQ Trust, while others are reducing their holdings. Providence First Trust purchased a new position in Invesco QQQ Trust for a value of $41,000, while Goalvest Advisory LLC and Surevest LLC increased their ownership by 168.3% and 60.2% respectively.
FSC Wealth Advisors LLC also increased its stake in Invesco QQQ Trust by 541.5% in the third quarter. Finally, Selway Asset Management acquired new shares worth $70,000 during the same period. These recent developments demonstrate the growing interest in Invesco QQQ Trust as an attractive investment option among professional investors.
Invesco QQQ Trust shares opened Tuesday at $318.84, with a 50-day simple moving average of $305.05 and a 200-day simple moving average of $287.56. The ETF hit a 52-week high of $347.87 and a low of $254.26.
PowerShares QQQ Trust is unique in that it is designed to closely mirror the price and yield performance of the Nasdaq-100 Index Tracking Stocks issued as securities called NASDAQ-100 Stocks (QQQ). The investment objective is an investor’s proportionate, undivided interest in a portfolio consisting of substantially all of the NASDAQ-100 index securities held by PowerShares® QQQ™ Trust Series 1 weights substantially included in the constituent stocks. is to provide
Increased activity by institutional investors suggests that Invesco QQQ may be poised for further growth in the coming months, prompting retail investors to also consider adding the ETF to their portfolios. I’m here. As always, any investment involves risk and it is important to consult your financial advisor before making any investment decision.