SOA Wealth Advisors LLC. lessened its position in Invesco QQQ (NASDAQ:QQQ – Free Report) by 0.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,332 shares of the exchange traded fund’s stock after selling 37 shares during the quarter. Invesco QQQ comprises about 1.6% of SOA Wealth Advisors LLC.’s investment portfolio, making the stock its 13th biggest position. SOA Wealth Advisors LLC.’s holdings in Invesco QQQ were worth $8,861,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pettinga Financial Advisors LLC raised its stake in Invesco QQQ by 13.6% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund’s stock valued at $7,553,000 after purchasing an additional 1,854 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in Invesco QQQ by 5.0% during the third quarter. Harbor Capital Advisors Inc. now owns 589 shares of the exchange traded fund’s stock worth $287,000 after buying an additional 28 shares in the last quarter. QRG Capital Management Inc. increased its stake in Invesco QQQ by 5.6% during the third quarter. QRG Capital Management Inc. now owns 5,569 shares of the exchange traded fund’s stock valued at $2,718,000 after acquiring an additional 294 shares during the period. Catalyst Capital Advisors LLC lifted its position in shares of Invesco QQQ by 124.0% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 7,816 shares of the exchange traded fund’s stock worth $3,815,000 after acquiring an additional 4,326 shares during the period. Finally, Moloney Securities Asset Management LLC grew its holdings in shares of Invesco QQQ by 0.5% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 44,112 shares of the exchange traded fund’s stock worth $21,530,000 after purchasing an additional 226 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.
Invesco QQQ Trading Down 0.3 %
Shares of NASDAQ QQQ opened at $495.55 on Wednesday. The firm has a market capitalization of $312.32 billion, a price-to-earnings ratio of 33.43 and a beta of 1.11. Invesco QQQ has a one year low of $413.07 and a one year high of $540.81. The business has a fifty day simple moving average of $520.84 and a 200 day simple moving average of $503.87.
Invesco QQQ Announces Dividend
The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a dividend of $0.8347 per share. The ex-dividend date of this dividend was Monday, December 23rd.
About Invesco QQQ
(Free Report)
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.
Featured Articles
Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ – Free Report).
Receive News & Ratings for Invesco QQQ Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Invesco QQQ and related companies with MarketBeat.com’s FREE daily email newsletter.
