Invesco QQQ (NASDAQ:QQQ) Stock Holdings Decreased by L. Roy Papp & Associates LLP

L. Roy Papp & Associates LLP lessened its stake in Invesco QQQ (NASDAQ:QQQ) by 16.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 402 shares of the exchange traded fund’s stock after selling 80 shares during the quarter. L. Roy Papp & Associates LLP’s holdings in Invesco QQQ were worth $206,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of QQQ. Hoese & Co LLP raised its stake in Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 20 shares in the last quarter. Legacy Bridge LLC grew its position in shares of Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 45 shares in the last quarter. BNP Paribas bought a new stake in shares of Invesco QQQ in the 3rd quarter valued at approximately $62,000. Brooklyn Investment Group acquired a new stake in shares of Invesco QQQ during the 4th quarter valued at approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its stake in Invesco QQQ by 75.9% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 63 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.2 %

QQQ stock opened at $527.99 on Wednesday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15. The firm has a fifty day moving average price of $521.54 and a two-hundred day moving average price of $496.40.

Invesco QQQ Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.8347 per share. 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.