Invesco QQQ (NASDAQ:QQQ) Shares Sold by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC cut its position in shares of Invesco QQQ (NASDAQ:QQQ) by 2.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 19,649 shares of the exchange traded fund’s stock after selling 446 shares during the quarter. WCG Wealth Advisors LLC’s holdings in Invesco QQQ were worth $10,045,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. PayPay Securities Corp lifted its position in shares of Invesco QQQ by 276.9% during the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 36 shares during the last quarter. Bridge Generations Wealth Management LLC acquired a new stake in shares of Invesco QQQ during the 4th quarter valued at $35,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in shares of Invesco QQQ during the 4th quarter valued at $36,000. Roxbury Financial LLC acquired a new stake in shares of Invesco QQQ during the 4th quarter valued at $37,000. Finally, Midwest Capital Advisors LLC acquired a new stake in shares of Invesco QQQ during the 4th quarter valued at $51,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 0.2%

NASDAQ QQQ opened at $514.00 on Friday. The stock’s 50-day moving average price is $474.14 and its two-hundred day moving average price is $500.80. The company has a market cap of $322.10 billion, a PE ratio of 30.62 and a beta of 1.11. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $540.81.

Invesco QQQ Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th were issued a dividend of $0.7157 per share. The ex-dividend date of this dividend was Monday, March 24th.

Invesco QQQ 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.