Curated Wealth Partners LLC Sells 174 Shares of Invesco QQQ (NASDAQ:QQQ)

Curated Wealth Partners LLC trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ) by 5.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,808 shares of the exchange traded fund’s stock after selling 174 shares during the quarter. Curated Wealth Partners LLC’s holdings in Invesco QQQ were worth $1,317,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in QQQ. PayPay Securities Corp grew its holdings in Invesco QQQ by 276.9% in the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 36 shares during the period. Bridge Generations Wealth Management LLC bought a new position in shares of Invesco QQQ during the 4th quarter worth about $35,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in shares of Invesco QQQ in the 4th quarter valued at about $36,000. Roxbury Financial LLC bought a new stake in Invesco QQQ in the 4th quarter valued at about $37,000. Finally, Midwest Capital Advisors LLC bought a new stake in Invesco QQQ in the 4th quarter valued at about $51,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $530.70 on Tuesday. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $540.81. The business’s 50 day simple moving average is $484.30 and its two-hundred day simple moving average is $502.02. The firm has a market cap of $332.56 billion, a P/E ratio of 32.66 and a beta of 1.11.

Invesco QQQ Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th were paid a dividend of $0.7157 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.