Invesco QQQ $QQQ Shares Sold by Bouchey Financial Group Ltd

Bouchey Financial Group Ltd decreased its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 58.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 157,000 shares of the exchange traded fund’s stock after selling 221,714 shares during the quarter. Invesco QQQ makes up about 7.2% of Bouchey Financial Group Ltd’s holdings, making the stock its 3rd largest position. Bouchey Financial Group Ltd’s holdings in Invesco QQQ were worth $96,447,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fifth Third Securities Inc. grew its position in shares of Invesco QQQ by 2.6% during the third quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock worth $65,959,000 after acquiring an additional 2,822 shares during the last quarter. SK Wealth Management LLC purchased a new stake in Invesco QQQ in the 3rd quarter valued at $803,000. Corepath Wealth Partners LLC raised its position in Invesco QQQ by 19.7% in the 4th quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock valued at $5,471,000 after purchasing an additional 1,436 shares during the last quarter. Great Point Wealth Advisors LLC acquired a new stake in Invesco QQQ during the 3rd quarter worth $507,000. Finally, Strengthening Families & Communities LLC purchased a new position in Invesco QQQ during the 3rd quarter worth $10,771,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

NASDAQ QQQ opened at $584.98 on Friday. The firm’s fifty day moving average is $602.08 and its two-hundred day moving average is $609.17. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a $0.7328 dividend. This represents a $2.93 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, March 23rd.

Invesco QQQ News Summary

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Company Profile

(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.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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