Invesco QQQ $QQQ Shares Sold by Nikulski Financial Inc.

Nikulski Financial Inc. cut its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 28.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,465 shares of the exchange traded fund’s stock after selling 5,372 shares during the period. Invesco QQQ makes up 2.0% of Nikulski Financial Inc.’s holdings, making the stock its 11th biggest holding. Nikulski Financial Inc.’s holdings in Invesco QQQ were worth $8,272,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Goodman Advisory Group LLC purchased a new stake in shares of Invesco QQQ during the 3rd quarter valued at approximately $25,000. Shcp LLC acquired a new position in Invesco QQQ in the third quarter valued at approximately $27,000. Navigoe LLC grew its position in Invesco QQQ by 300.0% in the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 45 shares during the period. Measured Wealth Private Client Group LLC purchased a new position in Invesco QQQ in the third quarter worth approximately $40,000. Finally, PayPay Securities Corp increased its stake in Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 30 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ News Summary

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $577.10 on Wednesday. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01. The stock’s fifty day moving average is $604.19 and its two-hundred day moving average is $609.56.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, March 23rd.

Invesco QQQ Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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