Congress Park Capital LLC Sells 204 Shares of Invesco QQQ (NASDAQ:QQQ)

Congress Park Capital LLC decreased its position in Invesco QQQ (NASDAQ:QQQ) by 3.1% during the 4th quarter, HoldingsChannel reports. The fund owned 6,347 shares of the exchange traded fund’s stock after selling 204 shares during the quarter. Invesco QQQ comprises about 1.2% of Congress Park Capital LLC’s portfolio, making the stock its 26th largest holding. Congress Park Capital LLC’s holdings in Invesco QQQ were worth $3,245,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of QQQ. Legacy Bridge LLC boosted 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 buying an additional 45 shares during the last quarter. BNP Paribas bought a new stake in Invesco QQQ during the third quarter worth about $62,000. Ritter Daniher Financial Advisory LLC DE boosted its position in 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 valued at $71,000 after purchasing an additional 63 shares during the last quarter. Pacifica Partners Inc. acquired a new position in Invesco QQQ during the fourth quarter valued at approximately $73,000. Finally, Providence Capital Advisors LLC bought a new position in Invesco QQQ in the second quarter valued at approximately $76,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.7 %

Shares of Invesco QQQ stock opened at $513.08 on Friday. Invesco QQQ has a 12-month low of $402.92 and a 12-month high of $539.15. The business’s 50 day moving average is $515.79 and its 200-day moving average is $491.65.

Invesco QQQ Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a dividend of $0.8347 per share. The ex-dividend date 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.