Invesco QQQ (NASDAQ:QQQ) Shares Sold by Bristlecone Advisors LLC

Bristlecone Advisors LLC trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,299 shares of the exchange traded fund’s stock after selling 222 shares during the period. Bristlecone Advisors LLC’s holdings in Invesco QQQ were worth $9,866,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Hoese & Co LLP boosted its stake in shares of Invesco QQQ by 32.3% in the fourth 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 last quarter. Legacy Bridge LLC boosted its position in Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 45 shares in the last quarter. BNP Paribas acquired a new stake in shares of Invesco QQQ during the 3rd quarter worth approximately $62,000. Brooklyn Investment Group acquired a new position in shares of Invesco QQQ in the 4th quarter valued at $69,000. Finally, Ritter Daniher Financial Advisory LLC DE increased its holdings in Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after buying an additional 63 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

QQQ stock opened at $522.92 on Monday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15. The company’s 50-day simple moving average is $521.26 and its 200-day simple moving average is $495.67.

Invesco QQQ Announces Dividend

The firm also recently disclosed 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 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.