Invesco QQQ (NASDAQ:QQQ) Stake Reduced by Great Waters Wealth Management

Great Waters Wealth Management lowered its stake in Invesco QQQ (NASDAQ:QQQ) by 3.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 643 shares of the exchange traded fund’s stock after selling 20 shares during the quarter. Great Waters Wealth Management’s holdings in Invesco QQQ were worth $329,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hoese & Co LLP raised its position in Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares in the last quarter. Legacy Bridge LLC grew its stake in shares of Invesco QQQ by 60.0% in the 3rd 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 last quarter. BNP Paribas bought a new stake in shares of Invesco QQQ in the 3rd quarter worth approximately $62,000. Brooklyn Investment Group acquired a new stake in Invesco QQQ during the fourth quarter valued at approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE boosted its holdings in Invesco QQQ by 75.9% during the third 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 in the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Up 0.6 %

NASDAQ QQQ opened at $524.80 on Wednesday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The business’s fifty day moving average is $516.10 and its two-hundred day moving average is $492.33.

Invesco QQQ Dividend Announcement

The business also recently announced 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.

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.