Greater Midwest Financial Group LLC Sells 62 Shares of Invesco QQQ (NASDAQ:QQQ)

Greater Midwest Financial Group LLC decreased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 6.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 922 shares of the exchange traded fund’s stock after selling 62 shares during the quarter. Greater Midwest Financial Group LLC’s holdings in Invesco QQQ were worth $471,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of QQQ. Hoese & Co LLP boosted its holdings in Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares during the last quarter. Legacy Bridge LLC boosted its stake 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 during the 3rd quarter worth approximately $62,000. Brooklyn Investment Group acquired a new stake in shares of Invesco QQQ during the 4th quarter worth approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE raised 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 buying an additional 63 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Up 0.2 %

Shares of QQQ stock opened at $532.64 on Friday. The firm’s 50 day moving average price is $516.72 and its two-hundred day moving average price is $492.81. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15.

Invesco QQQ Dividend Announcement

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