Central Valley Advisors LLC Decreases Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Central Valley Advisors LLC cut its position in Invesco QQQ (NASDAQ:QQQ) by 8.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,404 shares of the exchange traded fund’s stock after selling 317 shares during the quarter. Central Valley Advisors LLC’s holdings in Invesco QQQ were worth $1,740,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Client First Capital LLC increased its position in Invesco QQQ by 24.3% during the 4th quarter. Client First Capital LLC now owns 75,929 shares of the exchange traded fund’s stock valued at $38,817,000 after buying an additional 14,830 shares in the last quarter. Certified Advisory Corp boosted its holdings in Invesco QQQ by 1.6% in the fourth quarter. Certified Advisory Corp now owns 54,103 shares of the exchange traded fund’s stock worth $27,659,000 after acquiring an additional 878 shares in the last quarter. Harbor Group Inc. grew its stake in shares of Invesco QQQ by 1.5% during the fourth quarter. Harbor Group Inc. now owns 1,914 shares of the exchange traded fund’s stock worth $979,000 after acquiring an additional 28 shares during the last quarter. Cypress Wealth Services LLC grew its stake in shares of Invesco QQQ by 1.3% during the fourth quarter. Cypress Wealth Services LLC now owns 5,428 shares of the exchange traded fund’s stock worth $2,775,000 after acquiring an additional 72 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC increased its holdings in shares of Invesco QQQ by 2.7% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 41,031 shares of the exchange traded fund’s stock valued at $20,976,000 after acquiring an additional 1,062 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Down 0.7 %

Shares of Invesco QQQ stock opened at $513.08 on Friday. Invesco QQQ has a 52 week low of $402.92 and a 52 week high of $539.15. The company has a 50 day moving average price of $515.79 and a 200 day moving average price of $491.65.

Invesco QQQ Dividend Announcement

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

About Invesco QQQ

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.