Invesco QQQ (NASDAQ:QQQ) Shares Sold by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC decreased its holdings in Invesco QQQ (NASDAQ:QQQ) by 6.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,928 shares of the exchange traded fund’s stock after selling 1,605 shares during the quarter. Invesco QQQ accounts for about 1.1% of Soltis Investment Advisors LLC’s holdings, making the stock its 15th largest holding. Soltis Investment Advisors LLC’s holdings in Invesco QQQ were worth $11,721,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of QQQ. Stephens Consulting LLC increased its holdings in shares of Invesco QQQ by 0.4% in the fourth quarter. Stephens Consulting LLC now owns 5,416 shares of the exchange traded fund’s stock valued at $2,769,000 after buying an additional 19 shares in the last quarter. Northeast Investment Management grew its holdings in shares of Invesco QQQ by 0.6% in the 3rd quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock worth $1,697,000 after acquiring an additional 20 shares during the last quarter. Planning Capital Management Corp raised its position in shares of Invesco QQQ by 7.1% during the third quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock worth $146,000 after purchasing an additional 20 shares during the period. Cardinal Point Capital Management ULC boosted its position in shares of Invesco QQQ by 0.5% in the 4th quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock valued at $1,995,000 after purchasing an additional 20 shares during the period. Finally, Hoese & Co LLP boosted its position in shares of Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 1.3 %

QQQ stock opened at $522.92 on Monday. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15. The firm has a 50-day moving average of $521.26 and a two-hundred day moving average of $495.67.

Invesco QQQ Announces Dividend

The company also recently disclosed 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.

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.