Invesco QQQ (NASDAQ:QQQ) Shares Sold by Sequent Planning LLC

Sequent Planning LLC trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 8.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,374 shares of the exchange traded fund’s stock after selling 495 shares during the period. Invesco QQQ comprises approximately 1.0% of Sequent Planning LLC’s investment portfolio, making the stock its 23rd biggest position. Sequent Planning LLC’s holdings in Invesco QQQ were worth $2,747,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in QQQ. PayPay Securities Corp boosted its stake in Invesco QQQ by 276.9% in the 4th 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. Roxbury Financial LLC bought a new position in shares of Invesco QQQ during the 4th quarter valued at $37,000. Hoese & Co LLP raised its holdings in shares of Invesco QQQ by 32.3% during 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 in the last quarter. Midwest Capital Advisors LLC bought a new position in Invesco QQQ in the 4th quarter worth $51,000. Finally, Creative Capital Management Investments LLC raised its holdings in Invesco QQQ by 740.0% in the 4th quarter. Creative Capital Management Investments LLC now owns 126 shares of the exchange traded fund’s stock worth $64,000 after acquiring an additional 111 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

Shares of QQQ opened at $480.84 on Monday. The company has a market capitalization of $303.05 billion, a PE ratio of 30.74 and a beta of 1.11. Invesco QQQ has a one year low of $413.07 and a one year high of $540.81. The company’s fifty day moving average price is $511.30 and its 200 day moving average price is $504.45.

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.