Higgins & Schmidt Wealth Strategies LLC Sells 182 Shares of Invesco QQQ $QQQ

Higgins & Schmidt Wealth Strategies LLC trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ) by 3.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,570 shares of the exchange traded fund’s stock after selling 182 shares during the quarter. Invesco QQQ makes up about 1.7% of Higgins & Schmidt Wealth Strategies LLC’s investment portfolio, making the stock its 12th biggest position. Higgins & Schmidt Wealth Strategies LLC’s holdings in Invesco QQQ were worth $3,072,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Wilkins Miller Wealth Management LLC bought a new stake in Invesco QQQ during the fourth quarter worth about $1,018,000. Sentinus LLC grew its stake in Invesco QQQ by 17.6% during the fourth quarter. Sentinus LLC now owns 6,468 shares of the exchange traded fund’s stock worth $3,307,000 after buying an additional 970 shares during the last quarter. Sendero Wealth Management LLC bought a new stake in Invesco QQQ during the first quarter worth about $273,000. Griffith & Werner Inc. bought a new stake in Invesco QQQ during the fourth quarter worth about $583,000. Finally, GSG Advisors LLC grew its stake in Invesco QQQ by 8.2% during the first quarter. GSG Advisors LLC now owns 7,726 shares of the exchange traded fund’s stock worth $3,600,000 after buying an additional 585 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Up 0.4%

Shares of Invesco QQQ stock opened at $586.66 on Friday. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $587.86. The firm’s 50-day moving average price is $568.24 and its two-hundred day moving average price is $520.54.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Monday, June 23rd were given a dividend of $0.5911 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, June 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.