Beaumont Financial Advisors LLC Sells 150 Shares of Invesco QQQ (NASDAQ:QQQ)

Beaumont Financial Advisors LLC lowered its position in shares of Invesco QQQ (NASDAQ:QQQ) by 3.4% in the fourth quarter, HoldingsChannel reports. The firm owned 4,292 shares of the exchange traded fund’s stock after selling 150 shares during the period. Beaumont Financial Advisors LLC’s holdings in Invesco QQQ were worth $2,194,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Vanguard Personalized Indexing Management LLC lifted its position in Invesco QQQ by 9.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 1,491 shares of the exchange traded fund’s stock valued at $714,000 after purchasing an additional 125 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its stake in shares of Invesco QQQ by 35.1% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,081 shares of the exchange traded fund’s stock worth $1,476,000 after purchasing an additional 801 shares during the period. 1832 Asset Management L.P. lifted its stake in Invesco QQQ by 1.0% in the second quarter. 1832 Asset Management L.P. now owns 2,448 shares of the exchange traded fund’s stock valued at $1,173,000 after buying an additional 25 shares during the period. Providence Capital Advisors LLC bought a new position in Invesco QQQ during the second quarter worth about $76,000. Finally, Cheviot Value Management LLC grew its holdings in Invesco QQQ by 0.5% during the second quarter. Cheviot Value Management LLC now owns 12,390 shares of the exchange traded fund’s stock valued at $5,936,000 after purchasing an additional 64 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $524.80 on Wednesday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The business has a 50-day moving average of $516.10 and a two-hundred day moving average of $492.33.

Invesco QQQ Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.8347 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.