LTG Capital LLC Trims Position in Invesco QQQ (NASDAQ:QQQ)

LTG Capital LLC cut its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 12.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,201 shares of the exchange traded fund’s stock after selling 163 shares during the period. Invesco QQQ accounts for about 0.5% of LTG Capital LLC’s portfolio, making the stock its 25th largest position. LTG Capital LLC’s holdings in Invesco QQQ were worth $430,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. 180 Wealth Advisors LLC increased its holdings in shares of Invesco QQQ by 1.2% during the 3rd quarter. 180 Wealth Advisors LLC now owns 2,428 shares of the exchange traded fund’s stock valued at $870,000 after purchasing an additional 29 shares in the last quarter. Goodwin Daniel L increased its holdings in shares of Invesco QQQ by 76.1% during the 3rd quarter. Goodwin Daniel L now owns 5,775 shares of the exchange traded fund’s stock valued at $2,069,000 after purchasing an additional 2,495 shares in the last quarter. Cornerstone Advisors LLC increased its holdings in shares of Invesco QQQ by 36.7% during the 2nd quarter. Cornerstone Advisors LLC now owns 108,000 shares of the exchange traded fund’s stock valued at $39,897,000 after purchasing an additional 29,000 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Invesco QQQ by 9.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,198,038 shares of the exchange traded fund’s stock valued at $812,000,000 after purchasing an additional 195,130 shares in the last quarter. Finally, Miracle Mile Advisors LLC grew its stake in Invesco QQQ by 1.3% in the 3rd quarter. Miracle Mile Advisors LLC now owns 319,340 shares of the exchange traded fund’s stock valued at $114,410,000 after acquiring an additional 4,104 shares during the period. 43.95% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

Invesco QQQ stock traded down $2.40 during trading on Monday, reaching $426.61. The company had a trading volume of 16,827,042 shares, compared to its average volume of 45,808,773. The firm’s 50-day simple moving average is $406.55 and its 200 day simple moving average is $382.43. Invesco QQQ has a 1-year low of $285.19 and a 1-year high of $430.24.

Invesco QQQ Dividend Announcement

The business also recently declared a None dividend, which was paid on Monday, January 15th. Investors of record on Thursday, December 28th were paid a $0.2158 dividend. The ex-dividend date was Wednesday, December 27th.

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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