AllSquare Wealth Management LLC Sells 43 Shares of Invesco QQQ (NASDAQ:QQQ)

AllSquare Wealth Management LLC decreased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 1.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,475 shares of the exchange traded fund’s stock after selling 43 shares during the period. Invesco QQQ comprises 1.0% of AllSquare Wealth Management LLC’s portfolio, making the stock its 16th largest holding. AllSquare Wealth Management LLC’s holdings in Invesco QQQ were worth $1,777,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. PayPay Securities Corp raised its holdings in Invesco QQQ by 276.9% in the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 36 shares during the period. Roxbury Financial LLC bought a new position in shares of Invesco QQQ during the fourth quarter worth $37,000. Hoese & Co LLP boosted its stake in Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 20 shares during the last quarter. Midwest Capital Advisors LLC purchased a new position in shares of Invesco QQQ in the fourth quarter valued at $51,000. Finally, BNP Paribas purchased a new position in shares of Invesco QQQ in the 3rd quarter worth $62,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Down 0.3 %

Shares of QQQ opened at $479.26 on Friday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $540.81. The company has a market cap of $302.05 billion, a PE ratio of 30.74 and a beta of 1.11. The business has a fifty day moving average of $511.83 and a 200 day moving average of $503.82.

Invesco QQQ Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date of this dividend 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.