Catalyst Private Wealth LLC Sells 189 Shares of Invesco QQQ (NASDAQ:QQQ)

Catalyst Private Wealth LLC lessened its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 11.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,459 shares of the exchange traded fund’s stock after selling 189 shares during the period. Catalyst Private Wealth LLC’s holdings in Invesco QQQ were worth $746,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Legacy Bridge LLC grew its holdings in 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 acquiring an additional 45 shares during the last quarter. BNP Paribas acquired a new position in shares of Invesco QQQ during the third quarter worth approximately $62,000. Ritter Daniher Financial Advisory LLC DE lifted its position 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 worth $71,000 after purchasing an additional 63 shares in the last quarter. Providence Capital Advisors LLC bought a new stake in shares of Invesco QQQ during the second quarter valued at approximately $76,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of Invesco QQQ in the third quarter valued at approximately $91,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 0.3 %

NASDAQ:QQQ opened at $505.56 on Tuesday. The stock’s fifty day moving average price is $515.32 and its two-hundred day moving average price is $491.29. Invesco QQQ has a 52-week low of $402.92 and a 52-week high of $539.15.

Invesco QQQ Announces Dividend

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