Gries Financial LLC Sells 21 Shares of Invesco QQQ (NASDAQ:QQQ)

Gries Financial LLC decreased its position in Invesco QQQ (NASDAQ:QQQ) by 0.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 13,457 shares of the exchange traded fund’s stock after selling 21 shares during the quarter. Invesco QQQ accounts for approximately 1.2% of Gries Financial LLC’s holdings, making the stock its 15th biggest holding. Gries Financial LLC’s holdings in Invesco QQQ were worth $6,880,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in QQQ. GAMMA Investing LLC grew its holdings in Invesco QQQ by 159.6% during the 4th quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock worth $1,712,000 after acquiring an additional 2,059 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Invesco QQQ by 141.0% during the 3rd quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock worth $9,468,000 after acquiring an additional 11,351 shares during the last quarter. Socha Financial Group LLC grew its holdings in Invesco QQQ by 2.4% during the 3rd quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock worth $44,732,000 after acquiring an additional 2,171 shares during the last quarter. NRI Wealth Management LC bought a new position in shares of Invesco QQQ in the 4th quarter valued at about $28,729,000. Finally, Garden State Investment Advisory Services LLC boosted its stake in shares of Invesco QQQ by 13.1% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock valued at $15,169,000 after purchasing an additional 3,581 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.2 %

Shares of NASDAQ QQQ opened at $520.83 on Thursday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The firm’s 50-day moving average is $518.51 and its 200-day moving average is $493.56.

Invesco QQQ Announces Dividend

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