Invesco QQQ (NASDAQ:QQQ) Shares Sold by Butensky & Cohen Financial Security Inc.

Butensky & Cohen Financial Security Inc. cut its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 2.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,099 shares of the exchange traded fund’s stock after selling 28 shares during the quarter. Butensky & Cohen Financial Security Inc.’s holdings in Invesco QQQ were worth $562,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Vanguard Personalized Indexing Management LLC grew its holdings in Invesco QQQ by 9.2% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,491 shares of the exchange traded fund’s stock valued at $714,000 after purchasing an additional 125 shares during the last quarter. ProVise Management Group LLC boosted its position in shares of Invesco QQQ by 0.8% in the 2nd quarter. ProVise Management Group LLC now owns 8,479 shares of the exchange traded fund’s stock worth $4,063,000 after buying an additional 65 shares in the last quarter. Brighton Jones LLC grew its stake in Invesco QQQ by 14.3% in the 2nd quarter. Brighton Jones LLC now owns 33,464 shares of the exchange traded fund’s stock valued at $16,033,000 after acquiring an additional 4,179 shares during the last quarter. GM Advisory Group LLC increased its holdings in Invesco QQQ by 5.7% during the 2nd quarter. GM Advisory Group LLC now owns 1,928 shares of the exchange traded fund’s stock valued at $924,000 after acquiring an additional 104 shares in the last quarter. Finally, Retirement Investment Advisors Inc. acquired a new position in Invesco QQQ during the second quarter worth about $3,645,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.7 %

Shares of NASDAQ QQQ opened at $521.74 on Friday. The firm’s 50-day moving average is $515.79 and its two-hundred day moving average is $491.80. Invesco QQQ has a 12-month low of $409.16 and a 12-month high of $539.15.

Invesco QQQ Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.8347 dividend. 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.