Invesco QQQ (NASDAQ:QQQ) Shares Sold by Warwick Investment Management Inc.

Warwick Investment Management Inc. cut its stake in Invesco QQQ (NASDAQ:QQQ) by 22.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,173 shares of the exchange traded fund’s stock after selling 10,930 shares during the period. Invesco QQQ accounts for approximately 4.0% of Warwick Investment Management Inc.’s investment portfolio, making the stock its 4th largest holding. Warwick Investment Management Inc.’s holdings in Invesco QQQ were worth $19,515,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. PayPay Securities Corp boosted its position in shares of Invesco QQQ by 276.9% during the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 36 shares during the period. Roxbury Financial LLC bought a new stake in Invesco QQQ during the 4th quarter valued at $37,000. Hoese & Co LLP boosted 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 worth $42,000 after acquiring an additional 20 shares during the period. Midwest Capital Advisors LLC bought a new position in shares of Invesco QQQ in the fourth quarter worth $51,000. Finally, Legacy Bridge LLC grew its stake in shares of Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 45 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Down 0.2 %

Shares of NASDAQ QQQ opened at $471.60 on Wednesday. The stock has a market cap of $297.23 billion, a P/E ratio of 33.43 and a beta of 1.11. The firm’s 50-day simple moving average is $517.19 and its 200 day simple moving average is $504.07. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $540.81.

Invesco QQQ Dividend Announcement

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

Invesco QQQ Company 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.