Oxinas Partners Wealth Management LLC Sells 1,351 Shares of Invesco QQQ $QQQ

Oxinas Partners Wealth Management LLC trimmed its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 10.7% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 11,313 shares of the exchange traded fund’s stock after selling 1,351 shares during the quarter. Invesco QQQ makes up about 3.6% of Oxinas Partners Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. Oxinas Partners Wealth Management LLC’s holdings in Invesco QQQ were worth $6,792,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. 1832 Asset Management L.P. increased its stake in shares of Invesco QQQ by 100.0% during the second quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund’s stock valued at $1,167,000 after acquiring an additional 40,999,982 shares during the period. Symphony Financial Ltd. Co. bought a new position in Invesco QQQ during the 2nd quarter valued at $1,236,482,000. HRT Financial LP boosted its stake in Invesco QQQ by 118.3% during the 2nd quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock valued at $1,735,226,000 after purchasing an additional 1,704,600 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Invesco QQQ by 42.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund’s stock valued at $2,700,424,000 after purchasing an additional 1,457,109 shares during the period. Finally, Kensington Asset Management LLC increased its position in shares of Invesco QQQ by 2,124.5% during the 2nd quarter. Kensington Asset Management LLC now owns 366,881 shares of the exchange traded fund’s stock valued at $202,386,000 after purchasing an additional 350,388 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $601.92 on Friday. The business has a fifty day simple moving average of $618.30 and a 200-day simple moving average of $603.51. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01.

Invesco QQQ Increases Dividend

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

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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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