jvl associates llc Sells 1,854 Shares of Invesco QQQ (NASDAQ:QQQ)

jvl associates llc decreased its position in Invesco QQQ (NASDAQ:QQQ) by 5.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 33,908 shares of the exchange traded fund’s stock after selling 1,854 shares during the period. Invesco QQQ comprises about 6.6% of jvl associates llc’s investment portfolio, making the stock its 5th biggest holding. jvl associates llc’s holdings in Invesco QQQ were worth $17,335,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. First Citizens Financial Corp increased its holdings in Invesco QQQ by 5.0% in the fourth quarter. First Citizens Financial Corp now owns 4,266 shares of the exchange traded fund’s stock worth $2,181,000 after buying an additional 203 shares during the last quarter. NRI Wealth Management LC acquired a new stake in Invesco QQQ in the 4th quarter worth approximately $28,729,000. GAMMA Investing LLC grew its holdings in Invesco QQQ by 159.6% during the fourth quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock valued at $1,712,000 after purchasing an additional 2,059 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Invesco QQQ by 141.0% during the 3rd quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock worth $9,468,000 after buying an additional 11,351 shares during the period. Finally, 1ST Source Bank increased its stake in shares of Invesco QQQ by 0.8% in the third quarter. 1ST Source Bank now owns 4,738 shares of the exchange traded fund’s stock worth $2,312,000 after purchasing an additional 38 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

NASDAQ QQQ traded up $8.72 during trading on Friday, hitting $518.95. The company’s stock had a trading volume of 16,994,393 shares, compared to its average volume of 26,481,867. The firm has a 50 day moving average price of $512.17 and a 200 day moving average price of $489.54. Invesco QQQ has a 52 week low of $395.34 and a 52 week high of $539.15.

Invesco QQQ Dividend Announcement

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