Catalyst Private Wealth LLC Sells 189 Shares of Invesco QQQ (NASDAQ:QQQ)

Catalyst Private Wealth LLC lowered its position in Invesco QQQ (NASDAQ:QQQ) by 11.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,459 shares of the exchange traded fund’s stock after selling 189 shares during the quarter. Catalyst Private Wealth LLC’s holdings in Invesco QQQ were worth $746,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Legacy Bridge LLC lifted its stake in Invesco QQQ by 60.0% during the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 45 shares during the period. BNP Paribas bought a new position in shares of Invesco QQQ during the 3rd quarter worth approximately $62,000. Ritter Daniher Financial Advisory LLC DE lifted its position in shares of Invesco QQQ by 75.9% during the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after buying an additional 63 shares during the period. Providence Capital Advisors LLC acquired a new stake in Invesco QQQ in the 2nd quarter valued at $76,000. Finally, Ashton Thomas Securities LLC bought a new stake in Invesco QQQ in the third quarter valued at $91,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ opened at $505.56 on Tuesday. Invesco QQQ has a 52-week low of $402.92 and a 52-week high of $539.15. The business has a fifty day moving average of $515.32 and a two-hundred day moving average of $491.29.

Invesco QQQ Announces Dividend

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

About Invesco QQQ

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.