Lee Financial Co Sells 148 Shares of Invesco QQQ (NASDAQ:QQQ)

Lee Financial Co cut its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 0.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,003 shares of the exchange traded fund’s stock after selling 148 shares during the quarter. Invesco QQQ makes up approximately 2.3% of Lee Financial Co’s holdings, making the stock its 13th biggest position. Lee Financial Co’s holdings in Invesco QQQ were worth $13,111,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. 180 Wealth Advisors LLC raised its stake in Invesco QQQ by 1.2% in the third quarter. 180 Wealth Advisors LLC now owns 2,428 shares of the exchange traded fund’s stock worth $870,000 after buying an additional 29 shares in the last quarter. Baron Wealth Management LLC lifted its holdings in shares of Invesco QQQ by 9.1% in the 3rd quarter. Baron Wealth Management LLC now owns 2,710 shares of the exchange traded fund’s stock valued at $971,000 after buying an additional 227 shares during the period. Orion Portfolio Solutions LLC boosted its position in Invesco QQQ by 727.2% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 99,632 shares of the exchange traded fund’s stock worth $35,695,000 after purchasing an additional 87,587 shares in the last quarter. Centerpoint Advisors LLC raised its position in shares of Invesco QQQ by 10.2% in the third quarter. Centerpoint Advisors LLC now owns 477 shares of the exchange traded fund’s stock worth $171,000 after acquiring an additional 44 shares during the period. Finally, Berkshire Bank purchased a new position in Invesco QQQ during the third quarter worth approximately $892,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.0 %

Shares of NASDAQ QQQ traded down $0.22 during trading on Friday, hitting $451.76. The company had a trading volume of 35,803,719 shares, compared to its average volume of 39,883,960. Invesco QQQ has a fifty-two week low of $329.56 and a fifty-two week high of $454.69. The stock has a fifty day simple moving average of $437.57 and a two-hundred day simple moving average of $418.42.

Invesco QQQ Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th were given a dividend of $0.5735 per share. This represents a $2.29 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date was Monday, March 18th.

Invesco QQQ Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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