Auxano Advisors LLC Reduces Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Auxano Advisors LLC trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ) by 6.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 854 shares of the exchange traded fund’s stock after selling 62 shares during the period. Auxano Advisors LLC’s holdings in Invesco QQQ were worth $436,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of QQQ. Keystone Wealth Services LLC lifted its stake in shares of Invesco QQQ by 15.4% during the 4th quarter. Keystone Wealth Services LLC now owns 22,118 shares of the exchange traded fund’s stock valued at $11,307,000 after buying an additional 2,946 shares in the last quarter. Woodley Farra Manion Portfolio Management Inc. raised its holdings in Invesco QQQ by 24.8% during the 4th quarter. Woodley Farra Manion Portfolio Management Inc. now owns 799 shares of the exchange traded fund’s stock valued at $408,000 after acquiring an additional 159 shares during the period. Fidelis Capital Partners LLC raised its holdings in Invesco QQQ by 143.9% during the 4th quarter. Fidelis Capital Partners LLC now owns 13,845 shares of the exchange traded fund’s stock valued at $7,173,000 after acquiring an additional 8,168 shares during the period. Gruss & Co. LLC lifted its position in shares of Invesco QQQ by 100.0% during the fourth quarter. Gruss & Co. LLC now owns 3,000 shares of the exchange traded fund’s stock worth $1,534,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Investment Partners LTD. boosted its holdings in shares of Invesco QQQ by 3.7% in the fourth quarter. Investment Partners LTD. now owns 2,254 shares of the exchange traded fund’s stock worth $1,152,000 after acquiring an additional 80 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $508.30 on Monday. The stock has a fifty day moving average of $522.05 and a 200-day moving average of $503.57. The stock has a market cap of $320.36 billion, a PE ratio of 33.43 and a beta of 1.11. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $540.81.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.8347 per share. The ex-dividend date was Monday, December 23rd.

Invesco QQQ 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.