Invesco QQQ (NASDAQ:QQQ) Shares Sold by Aprio Wealth Management LLC

Aprio Wealth Management LLC cut its position in Invesco QQQ (NASDAQ:QQQ) by 0.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,572 shares of the exchange traded fund’s stock after selling 25 shares during the period. Aprio Wealth Management LLC’s holdings in Invesco QQQ were worth $3,871,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. RMR Wealth Builders increased its holdings in shares of Invesco QQQ by 1.2% in the fourth quarter. RMR Wealth Builders now owns 11,446 shares of the exchange traded fund’s stock valued at $5,852,000 after purchasing an additional 131 shares during the period. Tilia Fiduciary Partners Inc. grew its holdings in Invesco QQQ by 8.2% during the fourth quarter. Tilia Fiduciary Partners Inc. now owns 1,065 shares of the exchange traded fund’s stock worth $545,000 after acquiring an additional 81 shares during the period. Atlas Brown Inc. grew its holdings in Invesco QQQ by 0.8% during the fourth quarter. Atlas Brown Inc. now owns 3,579 shares of the exchange traded fund’s stock worth $1,829,000 after acquiring an additional 28 shares during the period. HBW Advisory Services LLC grew its holdings in Invesco QQQ by 3.4% during the fourth quarter. HBW Advisory Services LLC now owns 54,342 shares of the exchange traded fund’s stock worth $27,781,000 after acquiring an additional 1,794 shares during the period. Finally, Praetorian Wealth Management Inc. acquired a new stake in Invesco QQQ during the fourth quarter worth about $212,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 1.5 %

Invesco QQQ stock opened at $507.63 on Monday. Invesco QQQ has a 52 week low of $402.92 and a 52 week high of $539.15. The business’s 50-day moving average price is $514.92 and its 200 day moving average price is $491.12.

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 given a dividend of $0.8347 per share. 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.