Bridge Creek Capital Management LLC Sells 41 Shares of Invesco QQQ (NASDAQ:QQQ)

Bridge Creek Capital Management LLC lessened its position in Invesco QQQ (NASDAQ:QQQ) by 6.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 603 shares of the exchange traded fund’s stock after selling 41 shares during the period. Bridge Creek Capital Management LLC’s holdings in Invesco QQQ were worth $308,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Legacy Bridge LLC lifted its holdings in Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 45 shares during the period. BNP Paribas acquired a new position in shares of Invesco QQQ in the third quarter worth approximately $62,000. Ritter Daniher Financial Advisory LLC DE boosted its holdings in Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after acquiring an additional 63 shares during the last quarter. Providence Capital Advisors LLC acquired a new stake in Invesco QQQ during the 2nd quarter valued at approximately $76,000. Finally, Ashton Thomas Securities LLC acquired a new stake in Invesco QQQ during the 3rd quarter valued at approximately $91,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Down 0.5 %

Shares of NASDAQ QQQ traded down $2.73 during midday trading on Monday, reaching $504.46. The stock had a trading volume of 22,871,693 shares, compared to its average volume of 33,098,848. Invesco QQQ has a twelve month low of $402.92 and a twelve month high of $539.15. The company’s 50 day moving average price is $514.92 and its 200 day moving average price is $491.12.

Invesco QQQ Announces Dividend

The business also recently announced 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.