Worth Asset Management LLC Has $1.19 Million Position in Invesco QQQ (NASDAQ:QQQ)

Worth Asset Management LLC lessened its position in shares of Invesco QQQ (NASDAQ:QQQ) by 34.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,322 shares of the exchange traded fund’s stock after selling 1,218 shares during the period. Worth Asset Management LLC’s holdings in Invesco QQQ were worth $1,187,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Legacy Bridge LLC boosted its stake in shares of Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares in the last quarter. BNP Paribas acquired a new stake in Invesco QQQ in the third quarter valued at approximately $62,000. Ritter Daniher Financial Advisory LLC DE grew its stake in shares of 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 worth $71,000 after buying an additional 63 shares during the last quarter. Providence Capital Advisors LLC acquired a new position in shares of Invesco QQQ during the second quarter worth $76,000. Finally, Ashton Thomas Securities LLC bought a new position in shares of Invesco QQQ in the 3rd quarter valued at $91,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.4 %

QQQ stock traded down $1.98 during midday trading on Wednesday, reaching $513.20. 15,147,898 shares of the stock were exchanged, compared to its average volume of 30,507,750. Invesco QQQ has a 52 week low of $401.71 and a 52 week high of $539.15. The company has a fifty day moving average price of $513.51 and a 200 day moving average price of $490.39.

Invesco QQQ Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders 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.