Greenhouse Wealth Management LLC Decreases Holdings in Invesco QQQ (NASDAQ:QQQ)

Greenhouse Wealth Management LLC lessened its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 1.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 12,249 shares of the exchange traded fund’s stock after selling 157 shares during the period. Invesco QQQ accounts for about 4.1% of Greenhouse Wealth Management LLC’s investment portfolio, making the stock its 6th biggest holding. Greenhouse Wealth Management LLC’s holdings in Invesco QQQ were worth $6,262,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Empirical Asset Management LLC lifted its holdings in Invesco QQQ by 15,676.3% during the fourth quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock valued at $103,720,000 after purchasing an additional 201,597 shares in the last quarter. Cvfg LLC purchased a new position in shares of Invesco QQQ during the 4th quarter valued at $2,129,000. Constitution Capital LLC boosted its holdings in Invesco QQQ by 5.3% in the 4th quarter. Constitution Capital LLC now owns 534 shares of the exchange traded fund’s stock worth $273,000 after buying an additional 27 shares during the period. Client First Capital LLC increased its stake in Invesco QQQ by 24.3% in the 4th quarter. Client First Capital LLC now owns 75,929 shares of the exchange traded fund’s stock worth $38,817,000 after buying an additional 14,830 shares in the last quarter. Finally, Certified Advisory Corp raised its holdings in Invesco QQQ by 1.6% during the fourth quarter. Certified Advisory Corp now owns 54,103 shares of the exchange traded fund’s stock valued at $27,659,000 after acquiring an additional 878 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $521.74 on Friday. Invesco QQQ has a 52 week low of $409.16 and a 52 week high of $539.15. The stock’s 50-day simple moving average is $515.79 and its 200-day simple moving average is $491.80.

Invesco QQQ Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid 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.