Advisory Resource Group Sells 137 Shares of Invesco QQQ (NASDAQ:QQQ)

Advisory Resource Group lowered its position in Invesco QQQ (NASDAQ:QQQ) by 0.9% in the 4th quarter, Holdings Channel reports. The fund owned 14,320 shares of the exchange traded fund’s stock after selling 137 shares during the quarter. Invesco QQQ accounts for 1.6% of Advisory Resource Group’s holdings, making the stock its 14th biggest holding. Advisory Resource Group’s holdings in Invesco QQQ were worth $7,321,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in QQQ. Hoese & Co LLP increased its position in 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 buying an additional 20 shares in the last quarter. Legacy Bridge LLC increased its position in Invesco QQQ by 60.0% during the 3rd 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 in the last quarter. BNP Paribas bought a new position in Invesco QQQ during the 3rd quarter valued at approximately $62,000. Brooklyn Investment Group bought a new position in Invesco QQQ during the 4th quarter valued at approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE increased its position 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 buying an additional 63 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 1.3 %

QQQ stock opened at $522.92 on Friday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15. The business has a 50 day moving average of $521.26 and a 200 day moving average of $495.57.

Invesco QQQ Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.8347 dividend. The ex-dividend date of this dividend 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.