Invesco QQQ (NASDAQ:QQQ) Shares Sold by Baldwin Wealth Partners LLC MA

Baldwin Wealth Partners LLC MA lessened its stake in Invesco QQQ (NASDAQ:QQQ) by 4.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 741 shares of the exchange traded fund’s stock after selling 38 shares during the quarter. Baldwin Wealth Partners LLC MA’s holdings in Invesco QQQ were worth $379,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Foundations Investment Advisors LLC lifted its stake in shares of Invesco QQQ by 18.5% in the 4th quarter. Foundations Investment Advisors LLC now owns 196,185 shares of the exchange traded fund’s stock valued at $100,296,000 after purchasing an additional 30,629 shares during the period. West Wealth Group LLC acquired a new position in shares of Invesco QQQ in the fourth quarter worth about $252,000. Summit Financial Strategies Inc. boosted its stake in shares of Invesco QQQ by 13.0% during the 4th quarter. Summit Financial Strategies Inc. now owns 1,185 shares of the exchange traded fund’s stock worth $606,000 after acquiring an additional 136 shares in the last quarter. Lighthouse Wealth Management Inc. acquired a new stake in shares of Invesco QQQ during the 4th quarter valued at about $13,726,000. Finally, CKW Financial Group increased its stake in shares of Invesco QQQ by 216.9% in the 4th quarter. CKW Financial Group now owns 206 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 141 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 3.0 %

Shares of QQQ stock opened at $513.93 on Tuesday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15. The business’s 50 day moving average is $517.86 and its two-hundred day moving average is $493.21.

Invesco QQQ Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.8347 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco QQQ 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.