Great Lakes Retirement Inc. Sells 5,948 Shares of Invesco QQQ (NASDAQ:QQQ)

Great Lakes Retirement Inc. trimmed its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 78.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 1,605 shares of the exchange traded fund’s stock after selling 5,948 shares during the quarter. Great Lakes Retirement Inc.’s holdings in Invesco QQQ were worth $821,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of QQQ. SOA Wealth Advisors LLC. lifted its position in shares of Invesco QQQ by 0.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after buying an additional 46 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC lifted its position in shares of Invesco QQQ by 2.4% during the 3rd quarter. Hutchens & Kramer Investment Management Group LLC now owns 3,678 shares of the exchange traded fund’s stock worth $1,770,000 after buying an additional 86 shares during the last quarter. Prospect Financial Services LLC lifted its position in shares of Invesco QQQ by 50.6% during the 3rd quarter. Prospect Financial Services LLC now owns 9,615 shares of the exchange traded fund’s stock worth $4,693,000 after buying an additional 3,230 shares during the last quarter. Client First Capital LLC lifted its position in shares of Invesco QQQ by 0.6% during the 3rd quarter. Client First Capital LLC now owns 61,099 shares of the exchange traded fund’s stock worth $29,821,000 after buying an additional 340 shares during the last quarter. Finally, PFG Advisors lifted its position in shares of Invesco QQQ by 3.6% during the 3rd quarter. PFG Advisors now owns 83,721 shares of the exchange traded fund’s stock worth $40,862,000 after buying an additional 2,879 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $528.30 on Thursday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15. The business has a fifty day simple moving average of $521.76 and a 200 day simple moving average of $496.86.

Invesco QQQ Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given 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.