Invesco QQQ $QQQ Shares Sold by Retirement Income Solutions Inc.

Retirement Income Solutions Inc. decreased its position in Invesco QQQ (NASDAQ:QQQFree Report) by 7.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,396 shares of the exchange traded fund’s stock after selling 1,075 shares during the quarter. Invesco QQQ comprises approximately 1.4% of Retirement Income Solutions Inc.’s holdings, making the stock its 11th largest position. Retirement Income Solutions Inc.’s holdings in Invesco QQQ were worth $8,229,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Goodman Advisory Group LLC acquired a new position in shares of Invesco QQQ in the 3rd quarter valued at $25,000. Shcp LLC acquired a new position in shares of Invesco QQQ in the 3rd quarter valued at $27,000. Navigoe LLC boosted its position in shares of Invesco QQQ by 300.0% in the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 45 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in shares of Invesco QQQ in the 3rd quarter valued at $40,000. Finally, PayPay Securities Corp boosted its position in shares of Invesco QQQ by 78.9% in the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 30 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Key Stories Impacting Invesco QQQ

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Invesco QQQ Trading Down 0.3%

NASDAQ:QQQ opened at $646.79 on Tuesday. Invesco QQQ has a 1-year low of $427.93 and a 1-year high of $650.00. The stock has a fifty day simple moving average of $602.34 and a 200 day simple moving average of $611.08.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a $0.7328 dividend. The ex-dividend date was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.5%.

Invesco QQQ Company Profile

(Free Report)

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.

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

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