Vishria Bird Financial Group LLC Sells 141 Shares of Invesco QQQ (NASDAQ:QQQ)

Vishria Bird Financial Group LLC cut its position in shares of Invesco QQQ (NASDAQ:QQQ) by 0.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 25,311 shares of the exchange traded fund’s stock after selling 141 shares during the period. Invesco QQQ accounts for 4.5% of Vishria Bird Financial Group LLC’s holdings, making the stock its 7th biggest position. Vishria Bird Financial Group LLC’s holdings in Invesco QQQ were worth $12,940,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of QQQ. Hoese & Co LLP boosted its stake in shares of Invesco QQQ by 32.3% during 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 last quarter. Legacy Bridge LLC raised its stake in Invesco QQQ by 60.0% in the 3rd 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 during the last quarter. BNP Paribas purchased a new position in Invesco QQQ in the 3rd quarter valued at about $62,000. Brooklyn Investment Group purchased a new stake in shares of Invesco QQQ during the fourth quarter worth about $69,000. Finally, Pacifica Partners Inc. acquired a new position in shares of Invesco QQQ in the fourth quarter valued at approximately $73,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Trading Down 0.6 %

Shares of QQQ opened at $529.63 on Friday. The stock has a fifty day moving average of $517.20 and a two-hundred day moving average of $493.09. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15.

Invesco QQQ Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.8347 per share. The ex-dividend date 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.