Howard Wealth Management LLC Sells 147 Shares of Invesco QQQ (NASDAQ:QQQ)

Howard Wealth Management LLC trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ) by 6.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,016 shares of the exchange traded fund’s stock after selling 147 shares during the quarter. Howard Wealth Management LLC’s holdings in Invesco QQQ were worth $1,031,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Compass Financial Group INC SD boosted its position in Invesco QQQ by 2.5% during the 4th quarter. Compass Financial Group INC SD now owns 5,681 shares of the exchange traded fund’s stock valued at $2,905,000 after acquiring an additional 138 shares in the last quarter. Scarborough Advisors LLC boosted its position in Invesco QQQ by 24.7% during the 4th quarter. Scarborough Advisors LLC now owns 3,420 shares of the exchange traded fund’s stock valued at $1,748,000 after acquiring an additional 678 shares in the last quarter. BXM Wealth LLC bought a new stake in Invesco QQQ during the 4th quarter valued at approximately $2,942,000. Myriad Asset Management US LP bought a new stake in Invesco QQQ during the 4th quarter valued at approximately $21,693,000. Finally, Nations Financial Group Inc. IA ADV boosted its position in shares of Invesco QQQ by 0.3% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 46,372 shares of the exchange traded fund’s stock worth $23,707,000 after purchasing an additional 154 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Price Performance

Shares of QQQ opened at $538.15 on Friday. The business’s 50 day moving average price is $522.14 and its 200-day moving average price is $497.35. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15.

Invesco QQQ Announces Dividend

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

Invesco QQQ Company 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.