Indie Asset Partners LLC Sells 127 Shares of Invesco QQQ (NASDAQ:QQQ)

Indie Asset Partners LLC trimmed its holdings in Invesco QQQ (NASDAQ:QQQ) by 21.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 464 shares of the exchange traded fund’s stock after selling 127 shares during the quarter. Indie Asset Partners LLC’s holdings in Invesco QQQ were worth $237,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in QQQ. Greystone Financial Group LLC grew its position in shares of Invesco QQQ by 24.8% in the 4th quarter. Greystone Financial Group LLC now owns 6,579 shares of the exchange traded fund’s stock worth $3,363,000 after buying an additional 1,308 shares during the last quarter. Dahring Cusmano LLC purchased a new stake in shares of Invesco QQQ during the fourth quarter worth approximately $318,000. VisionPoint Advisory Group LLC acquired a new position in shares of Invesco QQQ during the 4th quarter worth approximately $3,899,000. Outfitter Financial LLC boosted its holdings in Invesco QQQ by 12.8% in the 4th quarter. Outfitter Financial LLC now owns 1,236 shares of the exchange traded fund’s stock valued at $632,000 after purchasing an additional 140 shares during the last quarter. Finally, Compass Planning Associates Inc purchased a new position in shares of Invesco QQQ during the 4th quarter worth $449,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Trading Down 2.1 %

Invesco QQQ stock opened at $526.08 on Friday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $540.81. The company’s 50 day moving average is $523.39 and its two-hundred day moving average is $500.70.

Invesco QQQ Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued 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.