Invesco QQQ (NASDAQ:QQQ) Shares Sold by Paragon Financial Partners Inc.

Paragon Financial Partners Inc. trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ) by 43.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 439 shares of the exchange traded fund’s stock after selling 331 shares during the period. Paragon Financial Partners Inc.’s holdings in Invesco QQQ were worth $224,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC grew 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 acquiring an additional 125 shares in the last quarter. 1832 Asset Management L.P. grew its holdings in Invesco QQQ by 1.0% during the 2nd quarter. 1832 Asset Management L.P. now owns 2,448 shares of the exchange traded fund’s stock worth $1,173,000 after acquiring an additional 25 shares in the last quarter. Royal Capital Wealth Management LLC grew its holdings in Invesco QQQ by 5.3% during the 2nd quarter. Royal Capital Wealth Management LLC now owns 7,230 shares of the exchange traded fund’s stock worth $3,464,000 after acquiring an additional 366 shares in the last quarter. Point72 Europe London LLP grew its holdings in Invesco QQQ by 13.2% during the 2nd quarter. Point72 Europe London LLP now owns 119,927 shares of the exchange traded fund’s stock worth $57,458,000 after acquiring an additional 14,014 shares in the last quarter. Finally, Trinity Legacy Partners LLC grew its holdings in Invesco QQQ by 24.9% during the 2nd quarter. Trinity Legacy Partners LLC now owns 1,612 shares of the exchange traded fund’s stock worth $772,000 after acquiring an additional 321 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

Invesco QQQ stock opened at $531.51 on Thursday. The firm’s 50-day moving average is $516.33 and its 200-day moving average is $492.54. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15.

Invesco QQQ Dividend Announcement

The firm 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.

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.