Invesco QQQ (NASDAQ:QQQ) Shares Sold by Kickstand Ventures LLC.

Kickstand Ventures LLC. decreased its holdings in Invesco QQQ (NASDAQ:QQQ) by 1.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,346 shares of the exchange traded fund’s stock after selling 37 shares during the quarter. Kickstand Ventures LLC.’s holdings in Invesco QQQ were worth $1,199,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. SOA Wealth Advisors LLC. raised its holdings in shares of Invesco QQQ by 0.3% during the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock valued at $8,477,000 after acquiring an additional 46 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC raised its holdings in shares of Invesco QQQ by 2.4% during the third quarter. Hutchens & Kramer Investment Management Group LLC now owns 3,678 shares of the exchange traded fund’s stock valued at $1,770,000 after acquiring an additional 86 shares during the last quarter. Prospect Financial Services LLC raised its holdings in shares of Invesco QQQ by 50.6% during the third quarter. Prospect Financial Services LLC now owns 9,615 shares of the exchange traded fund’s stock valued at $4,693,000 after acquiring an additional 3,230 shares during the last quarter. Client First Capital LLC raised its holdings in shares of Invesco QQQ by 0.6% during the third quarter. Client First Capital LLC now owns 61,099 shares of the exchange traded fund’s stock valued at $29,821,000 after acquiring an additional 340 shares during the last quarter. Finally, PFG Advisors raised its holdings in shares of Invesco QQQ by 3.6% during the third quarter. PFG Advisors now owns 83,721 shares of the exchange traded fund’s stock valued at $40,862,000 after acquiring an additional 2,879 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of Invesco QQQ stock opened at $528.30 on Thursday. The business has a 50 day simple moving average of $521.76 and a two-hundred day simple moving average of $496.86. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $539.15.

Invesco QQQ Announces Dividend

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

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.