Invesco QQQ (NASDAQ:QQQ) Holdings Trimmed by Gouws Capital LLC

Gouws Capital LLC lowered its position in shares of Invesco QQQ (NASDAQ:QQQ) by 0.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 33,490 shares of the exchange traded fund’s stock after selling 93 shares during the period. Invesco QQQ accounts for 11.7% of Gouws Capital LLC’s holdings, making the stock its biggest holding. Gouws Capital LLC’s holdings in Invesco QQQ were worth $17,121,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. NewSquare Capital LLC purchased a new position in shares of Invesco QQQ during the 4th quarter worth approximately $786,000. Souders Financial Advisors grew its holdings in Invesco QQQ by 2.6% during the fourth quarter. Souders Financial Advisors now owns 1,437 shares of the exchange traded fund’s stock worth $735,000 after acquiring an additional 36 shares during the period. Triad Wealth Partners LLC acquired a new position in Invesco QQQ during the fourth quarter worth $796,000. Crew Capital Management Ltd. raised its position in Invesco QQQ by 34.7% in the fourth quarter. Crew Capital Management Ltd. now owns 6,262 shares of the exchange traded fund’s stock worth $3,202,000 after acquiring an additional 1,612 shares in the last quarter. Finally, Keybank National Association OH lifted its holdings in Invesco QQQ by 9.0% in the fourth quarter. Keybank National Association OH now owns 34,355 shares of the exchange traded fund’s stock valued at $17,563,000 after acquiring an additional 2,839 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $495.55 on Wednesday. The company’s fifty day moving average is $520.84 and its two-hundred day moving average is $503.87. The firm has a market capitalization of $312.32 billion, a P/E ratio of 33.43 and a beta of 1.11. Invesco QQQ has a one year low of $413.07 and a one year high of $540.81.

Invesco QQQ Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders 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 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.