Leisure Capital Management Sells 500 Shares of Invesco QQQ (NASDAQ:QQQ)

Leisure Capital Management reduced its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 44.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 618 shares of the exchange traded fund’s stock after selling 500 shares during the quarter. Leisure Capital Management’s holdings in Invesco QQQ were worth $316,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hoese & Co LLP raised its stake in Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 20 shares during the period. Legacy Bridge LLC grew its holdings 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 in the last quarter. BNP Paribas acquired a new position in shares of Invesco QQQ during the 3rd quarter worth approximately $62,000. Brooklyn Investment Group acquired a new position in Invesco QQQ during the fourth quarter worth $69,000. Finally, Pacifica Partners Inc. acquired a new stake in Invesco QQQ in the fourth quarter valued at $73,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 0.1 %

QQQ opened at $522.29 on Monday. The business has a 50 day moving average of $519.55 and a 200-day moving average of $494.20. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15.

Invesco QQQ Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a dividend of $0.8347 per share. 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.