Invesco QQQ (NASDAQ:QQQ) Shares Sold by SJS Investment Consulting Inc.

SJS Investment Consulting Inc. cut its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 26.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 230 shares of the exchange traded fund’s stock after selling 81 shares during the period. SJS Investment Consulting Inc.’s holdings in Invesco QQQ were worth $118,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Hoese & Co LLP boosted its holdings in Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares during the last quarter. Legacy Bridge LLC raised its stake in shares of Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares during the period. BNP Paribas acquired a new position in shares of Invesco QQQ in the 3rd quarter worth approximately $62,000. Brooklyn Investment Group purchased a new position in shares of Invesco QQQ during the 4th quarter worth approximately $69,000. Finally, 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 purchasing an additional 63 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $529.63 on Friday. The stock’s fifty day moving average is $517.86 and its two-hundred day moving average is $493.31. Invesco QQQ has a 52 week low of $413.07 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. Shareholders of record on Monday, December 23rd were paid 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.