Invesco QQQ (NASDAQ:QQQ) Stock Position Trimmed by Intergy Private Wealth LLC

Intergy Private Wealth LLC cut its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 1.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 124,093 shares of the exchange traded fund’s stock after selling 1,400 shares during the quarter. Invesco QQQ accounts for approximately 22.7% of Intergy Private Wealth LLC’s holdings, making the stock its biggest holding. Intergy Private Wealth LLC’s holdings in Invesco QQQ were worth $55,098,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Deane Retirement Strategies Inc. bought a new position in shares of Invesco QQQ in the first quarter worth approximately $29,000. Voisard Asset Management Group Inc. bought a new position in shares of Invesco QQQ in the fourth quarter worth approximately $35,000. Red Tortoise LLC boosted its holdings in Invesco QQQ by 370.0% in the fourth quarter. Red Tortoise LLC now owns 94 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 74 shares in the last quarter. Friedenthal Financial bought a new stake in Invesco QQQ in the fourth quarter valued at $41,000. Finally, Robinson Capital Management LLC bought a new stake in Invesco QQQ in the fourth quarter valued at $40,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

NASDAQ:QQQ traded down $2.05 during trading hours on Thursday, hitting $453.66. The company had a trading volume of 40,814,168 shares, compared to its average volume of 43,690,797. The stock has a 50-day moving average price of $438.77 and a 200 day moving average price of $421.07. Invesco QQQ has a 52 week low of $329.56 and a 52 week high of $460.58.

Invesco QQQ Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th were given a dividend of $0.5735 per share. This represents a $2.29 annualized dividend and a yield of 0.51%. The ex-dividend date of this dividend was Monday, March 18th.

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

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