Capital Advisors Inc. OK Sells 9,741 Shares of Invesco QQQ $QQQ

Capital Advisors Inc. OK cut its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 39.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,219 shares of the exchange traded fund’s stock after selling 9,741 shares during the period. Capital Advisors Inc. OK’s holdings in Invesco QQQ were worth $9,349,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Goodman Advisory Group LLC acquired a new stake in Invesco QQQ during the 3rd quarter worth approximately $25,000. Shcp LLC acquired a new position in Invesco QQQ in the 3rd quarter valued at $27,000. Navigoe LLC increased its position in Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 45 shares during the period. Measured Wealth Private Client Group LLC bought a new position in Invesco QQQ during the 3rd quarter worth $40,000. Finally, PayPay Securities Corp lifted its holdings in shares of Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 30 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.2%

Shares of Invesco QQQ stock opened at $584.31 on Thursday. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01. The company has a 50-day simple moving average of $603.55 and a two-hundred day simple moving average of $609.38.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, March 23rd.

Invesco QQQ News Summary

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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