Trinity Financial Advisors LLC Sells 33 Shares of Invesco QQQ (NASDAQ:QQQ)

Trinity Financial Advisors LLC trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 4.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 756 shares of the exchange traded fund’s stock after selling 33 shares during the quarter. Trinity Financial Advisors LLC’s holdings in Invesco QQQ were worth $386,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of QQQ. Atlas Brown Inc. lifted its holdings in shares of Invesco QQQ by 0.8% in the fourth quarter. Atlas Brown Inc. now owns 3,579 shares of the exchange traded fund’s stock valued at $1,829,000 after purchasing an additional 28 shares in the last quarter. HBW Advisory Services LLC lifted its stake in Invesco QQQ by 3.4% in the 4th quarter. HBW Advisory Services LLC now owns 54,342 shares of the exchange traded fund’s stock valued at $27,781,000 after acquiring an additional 1,794 shares in the last quarter. Praetorian Wealth Management Inc. acquired a new position in Invesco QQQ during the 4th quarter worth approximately $212,000. ORG Partners LLC grew its stake in shares of Invesco QQQ by 9.8% during the 4th quarter. ORG Partners LLC now owns 1,631 shares of the exchange traded fund’s stock worth $834,000 after acquiring an additional 146 shares in the last quarter. Finally, Baker Tilly Wealth Management LLC raised its holdings in shares of Invesco QQQ by 1.9% in the fourth quarter. Baker Tilly Wealth Management LLC now owns 12,967 shares of the exchange traded fund’s stock valued at $6,629,000 after purchasing an additional 240 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

Shares of QQQ stock traded down $7.64 during trading on Friday, reaching $507.63. The company’s stock had a trading volume of 39,636,068 shares, compared to its average volume of 34,206,148. Invesco QQQ has a one year low of $402.92 and a one year high of $539.15. The business has a fifty day moving average price of $514.52 and a 200-day moving average price of $490.73.

Invesco QQQ Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.8347 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco QQQ Company Profile

(Free Report)

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.

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