Invesco QQQ (NASDAQ:QQQ) Stock Holdings Lessened by Brand Asset Management Group Inc.

Brand Asset Management Group Inc. lessened its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 35.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 606 shares of the exchange traded fund’s stock after selling 327 shares during the period. Brand Asset Management Group Inc.’s holdings in Invesco QQQ were worth $310,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of QQQ. Legacy Bridge LLC lifted its stake in Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 45 shares during the last quarter. BNP Paribas bought a new stake in Invesco QQQ in the 3rd quarter valued at about $62,000. Ritter Daniher Financial Advisory LLC DE boosted its stake in Invesco QQQ by 75.9% during the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 63 shares during the period. Pacifica Partners Inc. bought a new position in Invesco QQQ in the 4th quarter worth about $73,000. Finally, Providence Capital Advisors LLC bought a new position in Invesco QQQ in the 2nd quarter worth about $76,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.7 %

QQQ opened at $521.74 on Friday. Invesco QQQ has a twelve month low of $409.16 and a twelve month high of $539.15. The business’s 50 day moving average is $515.79 and its 200-day moving average is $491.80.

Invesco QQQ Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid 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.