Kiley Juergens Wealth Management LLC reduced its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 1.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 52,759 shares of the exchange traded fund's stock after selling 699 shares during the period. Invesco QQQ comprises 6.6% of Kiley Juergens Wealth Management LLC's investment portfolio, making the stock its 4th biggest position. Kiley Juergens Wealth Management LLC's holdings in Invesco QQQ were worth $24,740,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently modified their holdings of the stock. Bridge Generations Wealth Management LLC bought a new position in Invesco QQQ in the 4th quarter worth approximately $35,000. Marshall & Sterling Wealth Advisors Inc. bought a new position in Invesco QQQ in the 4th quarter worth about $36,000. Midwest Capital Advisors LLC purchased a new position in Invesco QQQ during the 4th quarter valued at about $51,000. Banque Transatlantique SA purchased a new stake in shares of Invesco QQQ in the fourth quarter worth about $57,000. Finally, Perritt Capital Management Inc bought a new position in shares of Invesco QQQ in the fourth quarter valued at approximately $61,000. Hedge funds and other institutional investors own 44.58% of the company's stock.
Invesco QQQ Price Performance
NASDAQ:QQQ traded down $0.09 during mid-day trading on Thursday, hitting $528.99. 43,800,167 shares of the stock traded hands, compared to its average volume of 38,526,600. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $540.81. The business's 50-day moving average price is $497.46 and its 200 day moving average price is $503.26.
Invesco QQQ Cuts Dividend
The business also recently announced a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th were given a dividend of $0.7157 per share. The ex-dividend date of this dividend was Monday, March 24th.
Invesco QQQ 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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