Invesco QQQ (NASDAQ:QQQ) is Harfst & Associates Inc.’s 3rd Largest Position

Harfst & Associates Inc. decreased its position in Invesco QQQ (NASDAQ:QQQ) by 1.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,923 shares of the exchange traded fund’s stock after selling 996 shares during the period. Invesco QQQ makes up approximately 5.6% of Harfst & Associates Inc.’s holdings, making the stock its 3rd biggest position. Harfst & Associates Inc.’s holdings in Invesco QQQ were worth $27,056,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. SOA Wealth Advisors LLC. increased its holdings in Invesco QQQ by 0.3% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after buying an additional 46 shares in the last quarter. Pettinga Financial Advisors LLC boosted its holdings in shares of Invesco QQQ by 13.6% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund’s stock valued at $7,553,000 after acquiring an additional 1,854 shares during the last quarter. Fidelis Capital Partners LLC grew its stake in shares of Invesco QQQ by 3.1% in the third quarter. Fidelis Capital Partners LLC now owns 5,677 shares of the exchange traded fund’s stock worth $2,772,000 after acquiring an additional 169 shares during the period. Eagle Strategies LLC raised its holdings in shares of Invesco QQQ by 8.9% during the third quarter. Eagle Strategies LLC now owns 3,624 shares of the exchange traded fund’s stock valued at $1,769,000 after purchasing an additional 297 shares during the last quarter. Finally, Lodestar Private Asset Management LLC lifted its position in Invesco QQQ by 1.0% during the third quarter. Lodestar Private Asset Management LLC now owns 71,654 shares of the exchange traded fund’s stock valued at $34,972,000 after purchasing an additional 689 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Up 0.2 %

Shares of QQQ stock opened at $514.56 on Thursday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $540.81. The stock has a market capitalization of $324.30 billion, a P/E ratio of 33.43 and a beta of 1.11. The firm’s 50 day moving average is $522.53 and its 200 day moving average is $502.62.

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 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.