Invesco QQQ (NASDAQ:QQQ) Stock Holdings Decreased by Consolidated Portfolio Review Corp

Consolidated Portfolio Review Corp lessened its position in Invesco QQQ (NASDAQ:QQQ) by 3.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,627 shares of the exchange traded fund’s stock after selling 238 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in Invesco QQQ were worth $3,108,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Bridge Generations Wealth Management LLC acquired a new stake in Invesco QQQ during the 4th quarter worth about $35,000. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in shares of Invesco QQQ in the fourth quarter worth approximately $36,000. Midwest Capital Advisors LLC acquired a new stake in shares of Invesco QQQ during the fourth quarter worth approximately $51,000. Banque Transatlantique SA acquired a new stake in shares of Invesco QQQ during the fourth quarter worth approximately $57,000. Finally, Perritt Capital Management Inc purchased a new position in Invesco QQQ during the fourth quarter valued at approximately $61,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.9%

Invesco QQQ stock opened at $531.65 on Tuesday. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $540.81. The firm’s 50 day moving average price is $502.05 and its two-hundred day moving average price is $503.19.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Monday, June 23rd will be paid a $0.5911 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date of this dividend is Monday, June 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.