Invesco QQQ (NASDAQ:QQQ) Shares Sold by Trilogy Capital Inc.

Trilogy Capital Inc. lowered its holdings in Invesco QQQ (NASDAQ:QQQ) by 9.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 215,746 shares of the exchange traded fund’s stock after selling 22,420 shares during the period. Invesco QQQ accounts for 5.7% of Trilogy Capital Inc.’s investment portfolio, making the stock its biggest position. Trilogy Capital Inc.’s holdings in Invesco QQQ were worth $110,296,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in QQQ. Hoese & Co LLP raised its position in shares of Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 20 shares during the period. Legacy Bridge LLC grew its stake in shares of Invesco QQQ by 60.0% during the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares in the last quarter. BNP Paribas acquired a new stake in Invesco QQQ during the 3rd quarter valued at approximately $62,000. Brooklyn Investment Group bought a new stake in shares of Invesco QQQ in the fourth quarter worth $69,000. Finally, Ritter Daniher Financial Advisory LLC DE increased its position in shares of Invesco QQQ by 75.9% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 63 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $526.85 on Thursday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15. The stock’s 50 day moving average price is $520.08 and its two-hundred day moving average price is $494.82.

Invesco QQQ Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

Invesco QQQ Company 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.