Bfsg LLC Lowers Holdings in Invesco QQQ (NASDAQ:QQQ)

Bfsg LLC trimmed its position in Invesco QQQ (NASDAQ:QQQ) by 3.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,608 shares of the exchange traded fund’s stock after selling 65 shares during the quarter. Bfsg LLC’s holdings in Invesco QQQ were worth $822,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. PayPay Securities Corp lifted its holdings in shares of Invesco QQQ by 276.9% in the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 36 shares during the period. Roxbury Financial LLC purchased a new stake in shares of Invesco QQQ in the 4th quarter worth $37,000. Hoese & Co LLP lifted its holdings in shares of 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 during the period. Legacy Bridge LLC lifted its stake 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 worth $59,000 after purchasing an additional 45 shares during the last quarter. Finally, BNP Paribas purchased a new stake in shares of Invesco QQQ during the 3rd quarter worth $62,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $539.37 on Wednesday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $540.00. The business has a fifty day moving average price of $523.07 and a 200 day moving average price of $499.53.

Invesco QQQ Announces Dividend

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

Invesco QQQ Company 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.