Nottingham Advisors Inc. decreased its holdings in Invesco QQQ Trust (NASDAQ:QQQ) by 40.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,748 shares of the exchange traded fund’s stock after selling 1,201 shares during the period. Nottingham Advisors Inc.’s holdings in Invesco QQQ Trust were worth $314,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sontag Advisory LLC purchased a new position in shares of Invesco QQQ Trust in the fourth quarter worth about $46,000. CX Institutional increased its stake in shares of Invesco QQQ Trust by 1,811.1% in the fourth quarter. CX Institutional now owns 344 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 326 shares in the last quarter. Capital Financial Planning LLC purchased a new position in shares of Invesco QQQ Trust in the fourth quarter worth about $55,000. LS Investment Advisors LLC increased its stake in shares of Invesco QQQ Trust by 25.0% in the fourth quarter. LS Investment Advisors LLC now owns 375 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 75 shares in the last quarter. Finally, Delta Asset Management LLC TN increased its stake in shares of Invesco QQQ Trust by 149.1% in the fourth quarter. Delta Asset Management LLC TN now owns 436 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 261 shares in the last quarter. Hedge funds and other institutional investors own 48.00% of the company’s stock.

QQQ opened at $185.47 on Thursday. Invesco QQQ Trust has a twelve month low of $143.46 and a twelve month high of $187.53.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th will be given a dividend of $0.3242 per share. The ex-dividend date of this dividend is Monday, March 18th. This represents a $1.30 annualized dividend and a yield of 0.70%.

COPYRIGHT VIOLATION NOTICE: This article was published by Watch List News and is owned by of Watch List News. If you are reading this article on another website, it was stolen and reposted in violation of international trademark and copyright laws. The correct version of this article can be accessed at https://www.watchlistnews.com/nottingham-advisors-inc-sells-1201-shares-of-invesco-qqq-trust-qqq/2955395.html.

Invesco QQQ Trust 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.

Read More: Percentage Decliners

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ Trust (NASDAQ:QQQ).

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

Receive News & Ratings for Invesco QQQ Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ Trust and related companies with MarketBeat.com's FREE daily email newsletter.