Invesco QQQ $QQQ Shares Sold by AmeriServ Wealth Advisors

AmeriServ Wealth Advisors cut its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 76.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,843 shares of the exchange traded fund’s stock after selling 9,277 shares during the quarter. Invesco QQQ accounts for about 0.9% of AmeriServ Wealth Advisors’ portfolio, making the stock its 14th largest holding. AmeriServ Wealth Advisors’ holdings in Invesco QQQ were worth $1,707,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of QQQ. Navigoe LLC grew its holdings in Invesco QQQ by 300.0% in the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 45 shares in the last quarter. PayPay Securities Corp boosted its position in shares of Invesco QQQ by 78.9% during the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 30 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Invesco QQQ during the third quarter worth $42,000. Accent Capital Management LLC boosted its position in shares of Invesco QQQ by 43.1% during the third quarter. Accent Capital Management LLC now owns 83 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 25 shares during the period. Finally, Canoe Financial LP acquired a new position in Invesco QQQ in the 3rd quarter valued at about $64,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of QQQ stock opened at $610.75 on Thursday. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01. The firm has a 50 day moving average of $615.39 and a two-hundred day moving average of $607.06.

Invesco QQQ Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were issued a dividend of $0.7941 per share. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date was Monday, December 22nd. This represents a $3.18 annualized dividend and a yield of 0.5%.

Key Invesco QQQ News

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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