Lake Street Private Wealth LLC Sells 439 Shares of Invesco QQQ (NASDAQ:QQQ)

Lake Street Private Wealth LLC lessened its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 1.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,190 shares of the exchange traded fund’s stock after selling 439 shares during the period. Invesco QQQ makes up approximately 3.0% of Lake Street Private Wealth LLC’s portfolio, making the stock its 5th largest position. Lake Street Private Wealth LLC’s holdings in Invesco QQQ were worth $19,013,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of QQQ. Vanguard Personalized Indexing Management LLC increased its holdings in 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 purchasing an additional 125 shares during the period. Benjamin Edwards Inc. grew its position in shares of Invesco QQQ by 10.3% during the second quarter. Benjamin Edwards Inc. now owns 740 shares of the exchange traded fund’s stock worth $355,000 after buying an additional 69 shares in the last quarter. Bridges Investment Management Inc. purchased a new stake in shares of Invesco QQQ during the second quarter worth approximately $388,000. King Luther Capital Management Corp raised its holdings in Invesco QQQ by 2.1% in the second quarter. King Luther Capital Management Corp now owns 8,372 shares of the exchange traded fund’s stock valued at $4,011,000 after acquiring an additional 172 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC lifted its stake in Invesco QQQ by 11.5% in the second quarter. Garden State Investment Advisory Services LLC now owns 27,409 shares of the exchange traded fund’s stock worth $13,171,000 after acquiring an additional 2,817 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.7 %

NASDAQ QQQ opened at $521.74 on Friday. Invesco QQQ has a 52 week low of $409.16 and a 52 week high of $539.15. The firm has a 50 day moving average of $515.94 and a two-hundred day moving average of $492.08.

Invesco QQQ Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.8347 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco QQQ 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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