Highline Wealth Partners LLC Sells 1,601 Shares of Invesco QQQ $QQQ

Highline Wealth Partners LLC cut its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 21.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,955 shares of the exchange traded fund’s stock after selling 1,601 shares during the quarter. Invesco QQQ accounts for about 1.0% of Highline Wealth Partners LLC’s holdings, making the stock its 25th biggest holding. Highline Wealth Partners LLC’s holdings in Invesco QQQ were worth $3,658,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Goodman Advisory Group LLC purchased a new stake in shares of Invesco QQQ during the 3rd quarter valued at $25,000. Shcp LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter worth $27,000. Navigoe LLC grew its position in Invesco QQQ by 300.0% in the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 45 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Invesco QQQ in the third quarter worth $40,000. Finally, PayPay Securities Corp increased its stake in Invesco QQQ by 78.9% in the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 30 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ News Summary

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

Invesco QQQ Stock Performance

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

Invesco QQQ Cuts Dividend

The company also recently disclosed 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. The ex-dividend date was Monday, March 23rd. This represents a $2.93 annualized dividend and a dividend yield of 0.5%.

Invesco QQQ 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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