Continuum Advisory LLC Sells 760 Shares of Invesco QQQ $QQQ

Continuum Advisory LLC cut its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 2.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,554 shares of the exchange traded fund’s stock after selling 760 shares during the period. Invesco QQQ accounts for 1.6% of Continuum Advisory LLC’s holdings, making the stock its 11th biggest holding. Continuum Advisory LLC’s holdings in Invesco QQQ were worth $15,698,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QQQ. SFI Advisors LLC lifted its position in Invesco QQQ by 21.4% during the fourth quarter. SFI Advisors LLC now owns 1,442 shares of the exchange traded fund’s stock valued at $886,000 after acquiring an additional 254 shares during the last quarter. Daiwa Securities Group Inc. lifted its position in Invesco QQQ by 13.5% during the fourth quarter. Daiwa Securities Group Inc. now owns 253,762 shares of the exchange traded fund’s stock valued at $155,947,000 after acquiring an additional 30,173 shares during the last quarter. Ted Buchan & Co lifted its position in Invesco QQQ by 299.7% during the fourth quarter. Ted Buchan & Co now owns 1,367 shares of the exchange traded fund’s stock valued at $840,000 after acquiring an additional 1,025 shares during the last quarter. Guidance Point Advisors LLC lifted its holdings in shares of Invesco QQQ by 9.9% during the 4th quarter. Guidance Point Advisors LLC now owns 1,917 shares of the exchange traded fund’s stock valued at $1,180,000 after purchasing an additional 172 shares during the last quarter. Finally, Avalon Capital Management lifted its holdings in shares of Invesco QQQ by 41.4% during the 4th quarter. Avalon Capital Management now owns 3,476 shares of the exchange traded fund’s stock valued at $2,135,000 after purchasing an additional 1,018 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

More Invesco QQQ News

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Invesco QQQ Trading Down 0.5%

Shares of QQQ opened at $740.61 on Friday. Invesco QQQ has a 12 month low of $522.66 and a 12 month high of $748.65. The stock has a fifty day moving average price of $664.57 and a 200-day moving average price of $630.59.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a dividend of $0.7328 per share. This represents a $2.93 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, March 23rd.

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.

See Also

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

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