Facet Wealth Inc. Sells 306 Shares of Invesco QQQ (NASDAQ:QQQ)

Facet Wealth Inc. trimmed its position in Invesco QQQ (NASDAQ:QQQ) by 12.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 2,097 shares of the exchange traded fund’s stock after selling 306 shares during the period. Facet Wealth Inc.’s holdings in Invesco QQQ were worth $1,097,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. PayPay Securities Corp boosted its position in Invesco QQQ by 276.9% in the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 36 shares during the last quarter. Roxbury Financial LLC bought a new position in Invesco QQQ in the 4th quarter valued at $37,000. Hoese & Co LLP boosted its position in Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 20 shares during the last quarter. Midwest Capital Advisors LLC bought a new position in Invesco QQQ in the 4th quarter valued at $51,000. Finally, Legacy Bridge LLC boosted its position in Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 45 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Performance

Shares of QQQ opened at $479.66 on Friday. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $540.81. The firm has a market capitalization of $302.59 billion, a price-to-earnings ratio of 30.74 and a beta of 1.11. The business’s fifty day moving average price is $514.89 and its two-hundred day moving average price is $503.85.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco QQQ

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.