DHJJ Financial Advisors Ltd. Sells 803 Shares of Invesco QQQ (NASDAQ:QQQ)

DHJJ Financial Advisors Ltd. decreased its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 1.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,171 shares of the exchange traded fund's stock after selling 803 shares during the quarter. Invesco QQQ comprises approximately 10.8% of DHJJ Financial Advisors Ltd.'s portfolio, making the stock its biggest position. DHJJ Financial Advisors Ltd.'s holdings in Invesco QQQ were worth $26,809,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QQQ. HighMark Wealth Management LLC grew its holdings in Invesco QQQ by 5.2% during the fourth quarter. HighMark Wealth Management LLC now owns 407 shares of the exchange traded fund's stock worth $208,000 after acquiring an additional 20 shares during the period. Providence First Trust Co grew its holdings in Invesco QQQ by 3.0% in the fourth 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. Diversified Enterprises LLC grew its holdings in Invesco QQQ by 0.4% in the fourth 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. Prevail Innovative Wealth Advisors LLC grew its holdings in Invesco QQQ by 4.3% in the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 484 shares of the exchange traded fund's stock valued at $247,000 after purchasing an additional 20 shares during the period. Finally, Legacy Investment Solutions LLC grew its holdings in Invesco QQQ by 8.2% in the fourth quarter. Legacy Investment Solutions LLC now owns 264 shares of the exchange traded fund's stock valued at $138,000 after purchasing an additional 20 shares during the period. Hedge funds and other institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Down 0.0%

QQQ traded down $0.09 during trading on Thursday, hitting $528.99. The company's stock had a trading volume of 43,800,167 shares, compared to its average volume of 38,526,600. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $540.81. The business's fifty day simple moving average is $497.46 and its 200 day simple moving average is $503.26.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th were issued a $0.7157 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.