Invesco QQQ (NASDAQ:QQQ) Stock Holdings Lowered by Cora Capital Advisors LLC

Cora Capital Advisors LLC trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 2.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,288 shares of the exchange traded fund’s stock after selling 114 shares during the period. Invesco QQQ comprises approximately 1.3% of Cora Capital Advisors LLC’s investment portfolio, making the stock its 18th biggest position. Cora Capital Advisors LLC’s holdings in Invesco QQQ were worth $2,703,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in QQQ. Hoese & Co LLP boosted its stake in shares of Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares in the last quarter. Legacy Bridge LLC boosted its position in shares of Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares during the period. BNP Paribas purchased a new position in Invesco QQQ in the 3rd quarter worth about $62,000. Brooklyn Investment Group acquired a new stake in Invesco QQQ during the 4th quarter worth about $69,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its stake in Invesco QQQ by 75.9% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after buying an additional 63 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $529.63 on Monday. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15. The firm’s 50 day simple moving average is $517.86 and its 200-day simple moving average is $493.28.

Invesco QQQ Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders 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.