Invesco QQQ (NASDAQ:QQQ) Shares Sold by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC reduced its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 98,052 shares of the exchange traded fund’s stock after selling 868 shares during the period. Invesco QQQ comprises 1.0% of Kingsview Wealth Management LLC’s investment portfolio, making the stock its 18th largest holding. Kingsview Wealth Management LLC’s holdings in Invesco QQQ were worth $50,127,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in QQQ. Hoese & Co LLP increased its stake in shares of Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 20 shares during the period. Legacy Bridge LLC increased its position in shares of Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares during the last quarter. BNP Paribas acquired a new stake in shares of Invesco QQQ in the 3rd quarter valued at $62,000. Brooklyn Investment Group purchased a new stake in shares of Invesco QQQ during the 4th quarter worth $69,000. Finally, Ritter Daniher Financial Advisory LLC DE grew its stake in shares of Invesco QQQ by 75.9% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 63 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

Invesco QQQ stock opened at $522.92 on Friday. The stock’s fifty day moving average is $521.00 and its two-hundred day moving average is $495.29. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.8347 dividend. 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.