IRON Financial LLC Sells 101 Shares of Invesco QQQ (NASDAQ:QQQ)

IRON Financial LLC cut its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 5.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,890 shares of the exchange traded fund’s stock after selling 101 shares during the period. IRON Financial LLC’s holdings in Invesco QQQ were worth $966,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Hoese & Co LLP boosted its position in Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares in the last quarter. Legacy Bridge LLC boosted its position in Invesco QQQ by 60.0% during the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares in the last quarter. BNP Paribas purchased a new position in Invesco QQQ in the third quarter valued at about $62,000. Brooklyn Investment Group bought a new position in Invesco QQQ in the fourth quarter worth about $69,000. Finally, Pacifica Partners Inc. purchased a new stake in shares of Invesco QQQ during the fourth quarter valued at about $73,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Down 3.0 %

Shares of Invesco QQQ stock opened at $513.93 on Tuesday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15. The firm’s 50 day moving average price is $517.86 and its 200-day moving average price is $493.21.

Invesco QQQ Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders 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 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.