Invesco QQQ (NASDAQ:QQQ) Shares Sold by HMS Capital Management LLC

HMS Capital Management LLC lowered its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 2.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,762 shares of the exchange traded fund’s stock after selling 657 shares during the period. Invesco QQQ makes up about 5.9% of HMS Capital Management LLC’s holdings, making the stock its 2nd biggest position. HMS Capital Management LLC’s holdings in Invesco QQQ were worth $12,148,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Hoese & Co LLP grew its stake in Invesco QQQ by 32.3% in the fourth 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 during the period. Legacy Bridge LLC grew its stake in Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares during the period. BNP Paribas bought a new position in shares of Invesco QQQ in the third quarter valued at approximately $62,000. Brooklyn Investment Group bought a new position in shares of Invesco QQQ in the fourth quarter valued at approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its holdings in shares of Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 63 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.1 %

Shares of Invesco QQQ stock opened at $528.30 on Thursday. The business’s fifty day simple moving average is $521.76 and its 200 day simple moving average is $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 paid a $0.8347 dividend. The ex-dividend date of this dividend 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.