Howard Capital Management Group LLC Sells 175 Shares of Invesco QQQ (NASDAQ:QQQ)

Howard Capital Management Group LLC lowered its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 2.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 6,395 shares of the exchange traded fund’s stock after selling 175 shares during the period. Howard Capital Management Group LLC’s holdings in Invesco QQQ were worth $3,269,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Hoese & Co LLP increased its position in 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 acquiring an additional 20 shares during the last quarter. Legacy Bridge LLC increased its position 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 valued at $59,000 after purchasing an additional 45 shares during the last quarter. BNP Paribas bought a new position in shares of Invesco QQQ in the 3rd quarter worth approximately $62,000. Brooklyn Investment Group purchased a new position in shares of Invesco QQQ in the fourth quarter worth approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE grew its position in Invesco QQQ by 75.9% during 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 during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.6 %

QQQ opened at $524.80 on Wednesday. The firm’s 50 day simple moving average is $516.10 and its two-hundred day simple moving average is $492.33. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15.

Invesco QQQ Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.8347 dividend. The ex-dividend date 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.