Invesco QQQ (NASDAQ:QQQ) Holdings Cut by jvl associates llc

jvl associates llc lessened its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 5.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 33,908 shares of the exchange traded fund’s stock after selling 1,854 shares during the quarter. Invesco QQQ makes up about 6.6% of jvl associates llc’s investment portfolio, making the stock its 5th biggest position. jvl associates llc’s holdings in Invesco QQQ were worth $17,335,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Legacy Bridge LLC grew its position in Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares in the last quarter. BNP Paribas purchased a new stake in Invesco QQQ during the 3rd quarter worth approximately $62,000. Ritter Daniher Financial Advisory LLC DE boosted its stake 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 valued at $71,000 after buying an additional 63 shares during the last quarter. Providence Capital Advisors LLC acquired a new stake in shares of Invesco QQQ during the second quarter worth approximately $76,000. Finally, Ashton Thomas Securities LLC acquired a new stake in Invesco QQQ in the third quarter valued at $91,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Up 1.7 %

Shares of NASDAQ:QQQ traded up $8.72 on Friday, reaching $518.95. 16,994,393 shares of the company’s stock were exchanged, compared to its average volume of 26,481,867. The business’s 50-day moving average is $512.17 and its two-hundred day moving average is $489.54. Invesco QQQ has a fifty-two week low of $395.34 and a fifty-two week high of $539.15.

Invesco QQQ Dividend Announcement

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