Invesco QQQ (NASDAQ:QQQ) Shares Sold by Copperwynd Financial LLC

Copperwynd Financial LLC lessened its position in shares of Invesco QQQ (NASDAQ:QQQ) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 53,167 shares of the exchange traded fund’s stock after selling 1,394 shares during the quarter. Invesco QQQ accounts for 8.7% of Copperwynd Financial LLC’s portfolio, making the stock its 2nd largest position. Copperwynd Financial LLC’s holdings in Invesco QQQ were worth $21,773,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of QQQ. 180 Wealth Advisors LLC raised its holdings in shares of Invesco QQQ by 1.2% during the third quarter. 180 Wealth Advisors LLC now owns 2,428 shares of the exchange traded fund’s stock worth $870,000 after purchasing an additional 29 shares during the last quarter. Bank Hapoalim BM grew its position in Invesco QQQ by 6.3% during the 4th quarter. Bank Hapoalim BM now owns 77,333 shares of the exchange traded fund’s stock worth $31,669,000 after purchasing an additional 4,549 shares during the period. Goodwin Daniel L raised its stake in shares of Invesco QQQ by 76.1% during the 3rd quarter. Goodwin Daniel L now owns 5,775 shares of the exchange traded fund’s stock valued at $2,069,000 after buying an additional 2,495 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Invesco QQQ by 6.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,259,295 shares of the exchange traded fund’s stock valued at $1,530,696,000 after buying an additional 243,305 shares during the period. Finally, VitalStone Financial LLC lifted its holdings in shares of Invesco QQQ by 302.0% in the 3rd quarter. VitalStone Financial LLC now owns 21,403 shares of the exchange traded fund’s stock valued at $8,099,000 after buying an additional 16,079 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 0.4 %

QQQ stock traded up $1.75 during trading on Monday, hitting $432.75. 29,370,162 shares of the company traded hands, compared to its average volume of 45,941,555. Invesco QQQ has a 1 year low of $315.11 and a 1 year high of $449.34. The stock’s 50-day simple moving average is $436.92 and its 200 day simple moving average is $411.12.

Invesco QQQ Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, March 19th will be given a dividend of $0.5735 per share. This represents a $2.29 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date is Monday, March 18th.

Invesco QQQ 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.