Roman Butler Fullerton & Co. Has $1.84 Million Holdings in Invesco QQQ (NASDAQ:QQQ)

Roman Butler Fullerton & Co. trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 52.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,007 shares of the exchange traded fund's stock after selling 4,429 shares during the period. Invesco QQQ makes up about 0.7% of Roman Butler Fullerton & Co.'s holdings, making the stock its 29th biggest position. Roman Butler Fullerton & Co.'s holdings in Invesco QQQ were worth $1,835,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Bridge Generations Wealth Management LLC acquired a new position in Invesco QQQ during the fourth quarter valued at $35,000. Marshall & Sterling Wealth Advisors Inc. acquired a new position in Invesco QQQ during the fourth quarter valued at $36,000. Midwest Capital Advisors LLC acquired a new position in Invesco QQQ during the fourth quarter valued at $51,000. Banque Transatlantique SA acquired a new position in Invesco QQQ during the fourth quarter valued at $57,000. Finally, Perritt Capital Management Inc acquired a new position in Invesco QQQ during the fourth quarter valued at $61,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

QQQ stock traded down $0.09 during mid-day trading on Thursday, hitting $528.99. The stock had a trading volume of 43,800,167 shares, compared to its average volume of 38,526,600. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $540.81. The company has a fifty day moving average of $499.12 and a 200 day moving average of $503.35.

Invesco QQQ Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th were given a $0.7157 dividend. The ex-dividend date was Monday, March 24th.

About Invesco QQQ

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.