Waller Financial Planning Group Inc. Sells 113 Shares of Invesco QQQ (NASDAQ:QQQ)

Waller Financial Planning Group Inc. cut its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 10.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 959 shares of the exchange traded fund’s stock after selling 113 shares during the quarter. Waller Financial Planning Group Inc.’s holdings in Invesco QQQ were worth $490,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in QQQ. NRI Wealth Management LC acquired a new stake in shares of Invesco QQQ in the 4th quarter worth about $28,729,000. GAMMA Investing LLC raised its holdings in shares of Invesco QQQ by 159.6% in the fourth quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock valued at $1,712,000 after purchasing an additional 2,059 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Invesco QQQ by 141.0% during the 3rd quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock worth $9,468,000 after buying an additional 11,351 shares in the last quarter. 1ST Source Bank boosted its position in Invesco QQQ by 0.8% in the third quarter. 1ST Source Bank now owns 4,738 shares of the exchange traded fund’s stock worth $2,312,000 after purchasing an additional 38 shares during the last quarter. Finally, Garden State Investment Advisory Services LLC increased its stake in shares of Invesco QQQ by 13.1% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock worth $15,169,000 after purchasing an additional 3,581 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of QQQ stock traded up $7.30 on Friday, hitting $517.53. 13,033,301 shares of the company’s stock traded hands, compared to its average volume of 24,068,555. The company’s fifty day simple moving average is $512.17 and its 200 day simple moving average is $489.54. Invesco QQQ has a one year low of $395.34 and a one year high of $539.15.

Invesco QQQ Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.8347 per share. 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.