Invesco QQQ (NASDAQ:QQQ) Shares Sold by TBH Global Asset Management LLC

TBH Global Asset Management LLC cut its stake in Invesco QQQ (NASDAQ:QQQ) by 1.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,536 shares of the exchange traded fund’s stock after selling 166 shares during the quarter. Invesco QQQ comprises approximately 1.0% of TBH Global Asset Management LLC’s investment portfolio, making the stock its 21st biggest position. TBH Global Asset Management LLC’s holdings in Invesco QQQ were worth $4,364,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. SOA Wealth Advisors LLC. grew its position in Invesco QQQ by 0.3% in the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after acquiring an additional 46 shares during the period. Sequoia Financial Advisors LLC grew its holdings in shares of Invesco QQQ by 1.1% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 95,153 shares of the exchange traded fund’s stock worth $46,441,000 after purchasing an additional 1,012 shares during the period. Sierra Capital LLC increased its position in shares of Invesco QQQ by 1.6% during the 3rd quarter. Sierra Capital LLC now owns 3,343 shares of the exchange traded fund’s stock worth $1,632,000 after purchasing an additional 54 shares during the last quarter. Xcel Wealth Management LLC raised its holdings in Invesco QQQ by 50.1% in the 3rd quarter. Xcel Wealth Management LLC now owns 1,573 shares of the exchange traded fund’s stock valued at $768,000 after buying an additional 525 shares during the period. Finally, Eastern Bank purchased a new stake in Invesco QQQ in the 3rd quarter valued at about $6,631,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.0 %

Shares of QQQ stock opened at $539.52 on Thursday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $540.81. The company has a 50-day moving average of $523.26 and a two-hundred day moving average of $499.81.

Invesco QQQ Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.8347 dividend. The ex-dividend date 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.