Consilio Wealth Advisors LLC reduced its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 5.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,560 shares of the exchange traded fund's stock after selling 1,714 shares during the period. Invesco QQQ makes up approximately 6.4% of Consilio Wealth Advisors LLC's holdings, making the stock its 6th largest holding. Consilio Wealth Advisors LLC's holdings in Invesco QQQ were worth $15,269,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of QQQ. Farmers & Merchants Investments Inc. lifted its holdings in Invesco QQQ by 1.9% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 1,093 shares of the exchange traded fund's stock worth $559,000 after buying an additional 20 shares in the last quarter. RAM Investment Partners LLC lifted its stake in shares of Invesco QQQ by 1.7% in the 4th quarter. RAM Investment Partners LLC now owns 1,167 shares of the exchange traded fund's stock valued at $597,000 after purchasing an additional 20 shares during the period. HighMark Wealth Management LLC lifted its stake in shares of Invesco QQQ by 5.2% in the 4th quarter. HighMark Wealth Management LLC now owns 407 shares of the exchange traded fund's stock valued at $208,000 after purchasing an additional 20 shares during the period. Providence First Trust Co lifted its stake in shares of Invesco QQQ by 3.0% in the 4th quarter. Providence First Trust Co now owns 676 shares of the exchange traded fund's stock valued at $346,000 after purchasing an additional 20 shares during the period. Finally, Diversified Enterprises LLC lifted its stake in shares of Invesco QQQ by 0.4% in the 4th quarter. Diversified Enterprises LLC now owns 5,240 shares of the exchange traded fund's stock valued at $2,679,000 after purchasing an additional 20 shares during the period. 44.58% of the stock is currently owned by institutional investors.
Invesco QQQ Price Performance
Shares of QQQ stock traded up $5.13 during trading hours on Friday, reaching $529.92. The company had a trading volume of 42,389,151 shares, compared to its average volume of 38,011,687. The company has a 50 day moving average of $482.06 and a 200 day moving average of $501.70. The firm has a market cap of $332.07 billion, a price-to-earnings ratio of 32.66 and a beta of 1.11. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $540.81.
Invesco QQQ Cuts Dividend
The business also recently declared a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 24th were paid a $0.7157 dividend. The ex-dividend date was Monday, March 24th.
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.
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