ST Germain D J Co. Inc. Sells 24 Shares of Invesco QQQ (NASDAQ:QQQ)

ST Germain D J Co. Inc. lowered its position in shares of Invesco QQQ (NASDAQ:QQQ) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,278 shares of the exchange traded fund’s stock after selling 24 shares during the period. ST Germain D J Co. Inc.’s holdings in Invesco QQQ were worth $653,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Legacy Bridge LLC grew its stake in Invesco QQQ by 60.0% during the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares in the last quarter. BNP Paribas purchased a new position in Invesco QQQ during the third quarter valued at approximately $62,000. Ritter Daniher Financial Advisory LLC DE grew its stake in Invesco QQQ by 75.9% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after acquiring an additional 63 shares in the last quarter. Providence Capital Advisors LLC purchased a new position in Invesco QQQ during the second quarter valued at approximately $76,000. Finally, Ashton Thomas Securities LLC purchased a new position in Invesco QQQ during the third quarter valued at approximately $91,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 1.5 %

Shares of NASDAQ:QQQ opened at $507.63 on Friday. Invesco QQQ has a 12 month low of $402.92 and a 12 month high of $539.15. The company has a 50 day moving average of $514.92 and a 200 day moving average of $490.97.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

Invesco QQQ Company 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.