Invesco QQQ (NASDAQ:QQQ) Shares Sold by Kozak & Associates Inc.

Kozak & Associates Inc. trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ) by 7.3% during the fourth quarter, Holdings Channel reports. The firm owned 73,021 shares of the exchange traded fund’s stock after selling 5,763 shares during the quarter. Invesco QQQ makes up approximately 8.7% of Kozak & Associates Inc.’s portfolio, making the stock its 4th biggest holding. Kozak & Associates Inc.’s holdings in Invesco QQQ were worth $37,867,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Legacy Bridge LLC boosted its stake in Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares in the last quarter. BNP Paribas purchased a new position in Invesco QQQ during the 3rd quarter worth $62,000. Ritter Daniher Financial Advisory LLC DE increased its stake in Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 63 shares during the period. Providence Capital Advisors LLC purchased a new position in shares of Invesco QQQ during the second quarter worth about $76,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Invesco QQQ in the third quarter valued at approximately $91,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.9 %

QQQ stock traded up $4.79 on Monday, reaching $523.37. 22,899,177 shares of the company’s stock were exchanged, compared to its average volume of 28,896,180. Invesco QQQ has a twelve month low of $397.84 and a twelve month high of $539.15. The stock has a fifty day moving average of $512.63 and a 200-day moving average of $489.84.

Invesco QQQ Dividend Announcement

The business also recently disclosed 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 of this dividend was Monday, December 23rd.

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.