Atticus Wealth Management LLC Sells 76 Shares of Invesco QQQ (NASDAQ:QQQ)

Atticus Wealth Management LLC trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ) by 0.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 9,029 shares of the exchange traded fund’s stock after selling 76 shares during the quarter. Invesco QQQ comprises about 1.4% of Atticus Wealth Management LLC’s holdings, making the stock its 13th biggest holding. Atticus Wealth Management LLC’s holdings in Invesco QQQ were worth $4,616,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of QQQ. Hoese & Co LLP increased its holdings in Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 20 shares in the last quarter. Legacy Bridge LLC boosted its holdings in shares of Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares during the last quarter. BNP Paribas purchased a new stake in shares of Invesco QQQ during the 3rd quarter valued at about $62,000. Brooklyn Investment Group bought a new stake in shares of Invesco QQQ in the fourth quarter worth approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE raised its holdings in shares of 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 purchasing an additional 63 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 $513.93 on Tuesday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15. The firm’s 50 day moving average is $517.86 and its 200 day moving average is $493.21.

Invesco QQQ Dividend Announcement

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