CGN Advisors LLC Sells 27 Shares of Invesco QQQ (NASDAQ:QQQ)

CGN Advisors LLC lowered its stake in Invesco QQQ (NASDAQ:QQQ) by 2.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,320 shares of the exchange traded fund’s stock after selling 27 shares during the period. CGN Advisors LLC’s holdings in Invesco QQQ were worth $675,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of QQQ. International Assets Investment Management LLC lifted its position in Invesco QQQ by 46,491.6% during the third quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock worth $15,904,322,000 after purchasing an additional 32,516,210 shares during the period. Granite Bay Wealth Management LLC lifted its holdings in shares of Invesco QQQ by 6,215.5% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund’s stock worth $409,513,000 after acquiring an additional 894,532 shares during the period. Toronto Dominion Bank boosted its position in shares of Invesco QQQ by 13.0% during the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock worth $2,080,052,000 after acquiring an additional 488,815 shares in the last quarter. Ameriprise Financial Inc. raised its position in Invesco QQQ by 7.3% during the second quarter. Ameriprise Financial Inc. now owns 4,966,637 shares of the exchange traded fund’s stock valued at $2,379,676,000 after purchasing an additional 338,494 shares in the last quarter. Finally, Empirical Asset Management LLC lifted its stake in Invesco QQQ by 15,676.3% during the fourth quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock worth $103,720,000 after purchasing an additional 201,597 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Up 1.7 %

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

Invesco QQQ Dividend Announcement

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

Invesco QQQ Company 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.