RHS Financial LLC Reduces Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

RHS Financial LLC lessened its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 4.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,094 shares of the exchange traded fund’s stock after selling 95 shares during the period. RHS Financial LLC’s holdings in Invesco QQQ were worth $1,070,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Hoese & Co LLP grew its stake in shares of Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 20 shares during the last quarter. 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. BNP Paribas purchased a new position in Invesco QQQ during the 3rd quarter valued at $62,000. Brooklyn Investment Group bought a new position in Invesco QQQ in the 4th quarter valued at $69,000. Finally, Pacifica Partners Inc. purchased a new stake in Invesco QQQ in the fourth quarter worth $73,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Trading Down 0.1 %

NASDAQ:QQQ opened at $522.29 on Friday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15. The stock has a fifty day simple moving average of $519.22 and a 200-day simple moving average of $493.95.

Invesco QQQ Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given 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.