Broadview Financial Management LLC Sells 99 Shares of Invesco QQQ (NASDAQ:QQQ)

Broadview Financial Management LLC decreased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 18.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 442 shares of the exchange traded fund’s stock after selling 99 shares during the quarter. Broadview Financial Management LLC’s holdings in Invesco QQQ were worth $226,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. PayPay Securities Corp increased its holdings in shares of Invesco QQQ by 276.9% during the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 36 shares in the last quarter. Roxbury Financial LLC bought a new stake in shares of Invesco QQQ during the fourth quarter valued at approximately $37,000. Hoese & Co LLP increased its holdings in shares of Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares in the last quarter. Legacy Bridge LLC grew its holdings in Invesco QQQ by 60.0% during the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 45 shares in the last quarter. Finally, BNP Paribas bought a new stake in Invesco QQQ during the third quarter worth $62,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Down 2.1 %

Shares of Invesco QQQ stock opened at $526.08 on Friday. The stock has a fifty day simple moving average of $523.39 and a 200 day simple moving average of $500.70. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $540.81.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a dividend of $0.8347 per share. 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.