Invesco QQQ (NASDAQ:QQQ) Shares Sold by Marshall Financial Group LLC

Marshall Financial Group LLC lessened its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 2.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,088 shares of the exchange traded fund’s stock after selling 304 shares during the quarter. Invesco QQQ accounts for about 1.4% of Marshall Financial Group LLC’s holdings, making the stock its 14th biggest holding. Marshall Financial Group LLC’s holdings in Invesco QQQ were worth $5,668,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. AQR Capital Management LLC lifted its stake in Invesco QQQ by 332.0% during the 2nd quarter. AQR Capital Management LLC now owns 12,041 shares of the exchange traded fund’s stock worth $5,769,000 after acquiring an additional 9,254 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in Invesco QQQ by 28.5% during the second quarter. The Manufacturers Life Insurance Company now owns 70,490 shares of the exchange traded fund’s stock worth $33,772,000 after purchasing an additional 15,648 shares during the period. Scientech Research LLC acquired a new stake in shares of Invesco QQQ during the second quarter worth about $1,086,000. Beaird Harris Wealth Management LLC lifted its position in shares of Invesco QQQ by 15.0% during the second quarter. Beaird Harris Wealth Management LLC now owns 859 shares of the exchange traded fund’s stock worth $412,000 after purchasing an additional 112 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group boosted its stake in shares of Invesco QQQ by 6,597.8% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 62,290 shares of the exchange traded fund’s stock valued at $29,844,000 after purchasing an additional 61,360 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 0.6 %

Shares of QQQ opened at $529.63 on Friday. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15. The firm’s 50 day moving average price is $517.86 and its 200 day moving average price is $493.31.

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 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.