BNC Wealth Management LLC Sells 114 Shares of Invesco QQQ (NASDAQ:QQQ)

BNC Wealth Management LLC lowered its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 3.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,126 shares of the exchange traded fund’s stock after selling 114 shares during the quarter. BNC Wealth Management LLC’s holdings in Invesco QQQ were worth $1,598,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Legacy Bridge LLC grew its holdings 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 in the last quarter. BNP Paribas bought a new position in Invesco QQQ in the third quarter worth $62,000. Brooklyn Investment Group acquired a new stake in Invesco QQQ during the fourth quarter worth $69,000. Ritter Daniher Financial Advisory LLC DE increased its holdings in Invesco QQQ by 75.9% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after buying an additional 63 shares during the period. Finally, Pacifica Partners Inc. acquired a new position in shares of Invesco QQQ in the 4th quarter valued at $73,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 1.7 %

Shares of Invesco QQQ stock opened at $521.74 on Monday. The firm’s 50-day simple moving average is $515.94 and its 200-day simple moving average is $492.11. Invesco QQQ has a twelve month low of $409.16 and a twelve month high of $539.15.

Invesco QQQ Dividend Announcement

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

About Invesco QQQ

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.