Zevin Asset Management LLC Sells 30 Shares of Invesco QQQ (NASDAQ:QQQ)

Zevin Asset Management LLC trimmed its stake in Invesco QQQ (NASDAQ:QQQ) by 1.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,622 shares of the exchange traded fund’s stock after selling 30 shares during the period. Zevin Asset Management LLC’s holdings in Invesco QQQ were worth $829,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. PayPay Securities Corp lifted its stake in shares of Invesco QQQ by 276.9% in the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 36 shares during the last quarter. Roxbury Financial LLC bought a new stake in shares of Invesco QQQ in the 4th quarter valued at approximately $37,000. Hoese & Co LLP lifted its stake in shares of Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares during the last quarter. Midwest Capital Advisors LLC bought a new stake in shares of Invesco QQQ during the 4th quarter worth approximately $51,000. Finally, Legacy Bridge LLC lifted its stake in shares of Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 45 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $479.66 on Friday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $540.81. The firm has a market capitalization of $302.31 billion, a P/E ratio of 33.43 and a beta of 1.11. The stock has a 50 day moving average price of $514.89 and a 200 day moving average price of $503.66.

Invesco QQQ Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors 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.