Holland Advisory Services Inc. Sells 106 Shares of Invesco QQQ (NASDAQ:QQQ)

Holland Advisory Services Inc. lowered its stake in Invesco QQQ (NASDAQ:QQQ) by 9.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 975 shares of the exchange traded fund’s stock after selling 106 shares during the quarter. Invesco QQQ comprises approximately 0.7% of Holland Advisory Services Inc.’s investment portfolio, making the stock its 19th biggest holding. Holland Advisory Services Inc.’s holdings in Invesco QQQ were worth $498,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Personalized Indexing Management LLC grew its stake in shares of Invesco QQQ by 9.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 1,491 shares of the exchange traded fund’s stock worth $714,000 after acquiring an additional 125 shares in the last quarter. Benjamin Edwards Inc. grew its position in Invesco QQQ by 10.3% in the second quarter. Benjamin Edwards Inc. now owns 740 shares of the exchange traded fund’s stock valued at $355,000 after purchasing an additional 69 shares in the last quarter. Bridges Investment Management Inc. bought a new position in Invesco QQQ in the second quarter valued at $388,000. King Luther Capital Management Corp increased its stake in Invesco QQQ by 2.1% in the 2nd quarter. King Luther Capital Management Corp now owns 8,372 shares of the exchange traded fund’s stock valued at $4,011,000 after buying an additional 172 shares during the last quarter. Finally, Garden State Investment Advisory Services LLC boosted its stake in shares of Invesco QQQ by 11.5% during the 2nd quarter. Garden State Investment Advisory Services LLC now owns 27,409 shares of the exchange traded fund’s stock worth $13,171,000 after buying an additional 2,817 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $521.74 on Friday. The business has a 50-day moving average of $515.94 and a 200-day moving average of $492.08. Invesco QQQ has a fifty-two week low of $409.16 and a fifty-two week high of $539.15.

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 given a dividend of $0.8347 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco QQQ

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.