Walker Financial Services Inc. Sells 175 Shares of Invesco QQQ (NASDAQ:QQQ)

Walker Financial Services Inc. trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,726 shares of the exchange traded fund’s stock after selling 175 shares during the period. Invesco QQQ makes up approximately 1.4% of Walker Financial Services Inc.’s holdings, making the stock its 11th largest holding. Walker Financial Services Inc.’s holdings in Invesco QQQ were worth $2,417,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. GAMMA Investing LLC boosted its stake in Invesco QQQ by 159.6% in the 4th quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock valued at $1,712,000 after buying an additional 2,059 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Invesco QQQ by 141.0% during the third quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock valued at $9,468,000 after acquiring an additional 11,351 shares during the period. Socha Financial Group LLC boosted its stake in shares of Invesco QQQ by 2.4% in the 3rd quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock valued at $44,732,000 after purchasing an additional 2,171 shares in the last quarter. NRI Wealth Management LC bought a new stake in shares of Invesco QQQ in the 4th quarter worth about $28,729,000. Finally, Garden State Investment Advisory Services LLC increased its position in shares of Invesco QQQ by 13.1% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock worth $15,169,000 after purchasing an additional 3,581 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

Shares of QQQ stock 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 stock’s fifty day moving average is $515.94 and its 200-day moving average is $492.08.

Invesco QQQ Dividend Announcement

The company also recently announced 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 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.