Ethos Financial Group LLC Decreases Stake in Invesco QQQ $QQQ

Ethos Financial Group LLC cut its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 20.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,467 shares of the exchange traded fund’s stock after selling 2,676 shares during the period. Ethos Financial Group LLC’s holdings in Invesco QQQ were worth $6,430,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of QQQ. Brighton Jones LLC lifted its position in Invesco QQQ by 15.0% during the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock worth $19,605,000 after acquiring an additional 4,989 shares during the period. Revolve Wealth Partners LLC grew its stake in Invesco QQQ by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after purchasing an additional 176 shares during the last quarter. Jupiter Wealth Management LLC acquired a new position in shares of Invesco QQQ in the second quarter valued at about $290,000. Wealth Group Ltd. increased its holdings in shares of Invesco QQQ by 283.7% in the second quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock valued at $13,587,000 after purchasing an additional 18,210 shares during the period. Finally, Russell Investments Group Ltd. raised its stake in shares of Invesco QQQ by 37.9% in the second quarter. Russell Investments Group Ltd. now owns 5,644 shares of the exchange traded fund’s stock worth $3,113,000 after purchasing an additional 1,551 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Trending Headlines about Invesco QQQ

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Invesco QQQ Price Performance

Invesco QQQ stock opened at $584.98 on Monday. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01. The stock has a 50-day moving average price of $602.08 and a 200 day moving average price of $609.43.

Invesco QQQ Cuts Dividend

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

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.

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

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