Toth Financial Advisory Corp Sells 63 Shares of Invesco QQQ (NASDAQ:QQQ)

Toth Financial Advisory Corp decreased its position in Invesco QQQ (NASDAQ:QQQ) by 0.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 7,126 shares of the exchange traded fund’s stock after selling 63 shares during the quarter. Toth Financial Advisory Corp’s holdings in Invesco QQQ were worth $3,643,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Northeast Investment Management lifted its stake in shares of Invesco QQQ by 0.6% in the third quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock worth $1,697,000 after buying an additional 20 shares in the last quarter. Planning Capital Management Corp raised its holdings in Invesco QQQ by 7.1% in the 3rd quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock worth $146,000 after acquiring an additional 20 shares during the last quarter. Cardinal Point Capital Management ULC raised its holdings in Invesco QQQ by 0.5% in the 4th quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock worth $1,995,000 after acquiring an additional 20 shares during the last quarter. Hoese & Co LLP boosted its stake in Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares during the last quarter. Finally, Skyline Advisors Inc. increased its holdings in shares of Invesco QQQ by 5.0% in the 3rd quarter. Skyline Advisors Inc. now owns 441 shares of the exchange traded fund’s stock worth $215,000 after purchasing an additional 21 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Down 0.6 %

NASDAQ QQQ opened at $529.63 on Friday. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15. The stock has a 50-day moving average of $517.86 and a 200 day moving average of $493.31.

Invesco QQQ Announces Dividend

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