Invesco QQQ (NASDAQ:QQQ) Shares Sold by Lindbrook Capital LLC

Lindbrook Capital LLC cut its position in Invesco QQQ (NASDAQ:QQQ) by 1.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,295 shares of the exchange traded fund’s stock after selling 453 shares during the quarter. Invesco QQQ makes up 1.3% of Lindbrook Capital LLC’s investment portfolio, making the stock its 13th biggest holding. Lindbrook Capital LLC’s holdings in Invesco QQQ were worth $14,465,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in QQQ. PayPay Securities Corp lifted its position in Invesco QQQ by 276.9% during the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 36 shares during the period. Roxbury Financial LLC acquired a new stake in Invesco QQQ during the 4th quarter worth approximately $37,000. Hoese & Co LLP lifted its position in 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 period. Midwest Capital Advisors LLC acquired a new stake in Invesco QQQ during the 4th quarter worth approximately $51,000. Finally, Legacy Bridge LLC lifted its position in 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 period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 1.3 %

Invesco QQQ stock opened at $502.01 on Thursday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $540.81. The stock has a 50 day moving average of $520.28 and a two-hundred day moving average of $503.86. The stock has a market capitalization of $316.39 billion, a price-to-earnings ratio of 33.43 and a beta of 1.11.

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 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.