B&D White Capital Company LLC Has $1.67 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

B&D White Capital Company LLC trimmed its position in Invesco QQQ (NASDAQ:QQQ) by 47.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,272 shares of the exchange traded fund’s stock after selling 2,987 shares during the quarter. B&D White Capital Company LLC’s holdings in Invesco QQQ were worth $1,673,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SOA Wealth Advisors LLC. boosted its stake in Invesco QQQ by 0.3% in the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock valued at $8,477,000 after acquiring an additional 46 shares during the last quarter. Tectonic Advisors LLC acquired a new position in shares of Invesco QQQ in the 3rd quarter valued at $372,000. Pettinga Financial Advisors LLC boosted its position in shares of Invesco QQQ by 13.6% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund’s stock worth $7,553,000 after purchasing an additional 1,854 shares during the last quarter. Arkadios Wealth Advisors grew its stake in shares of Invesco QQQ by 16.8% during the third quarter. Arkadios Wealth Advisors now owns 49,052 shares of the exchange traded fund’s stock worth $23,941,000 after purchasing an additional 7,069 shares during the period. Finally, NorthCrest Asset Manangement LLC increased its holdings in Invesco QQQ by 80.0% in the third quarter. NorthCrest Asset Manangement LLC now owns 7,738 shares of the exchange traded fund’s stock valued at $3,776,000 after purchasing an additional 3,440 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $526.08 on Monday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $540.81. The business’s 50-day moving average price is $523.39 and its two-hundred day moving average price is $501.59.

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 given a $0.8347 dividend. 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.