Curated Wealth Partners LLC Sells 174 Shares of Invesco QQQ (NASDAQ:QQQ)

Curated Wealth Partners LLC lowered its position in Invesco QQQ (NASDAQ:QQQ) by 5.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 2,808 shares of the exchange traded fund’s stock after selling 174 shares during the period. Curated Wealth Partners LLC’s holdings in Invesco QQQ were worth $1,317,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Ibex Wealth Advisors raised its position in Invesco QQQ by 4.4% in the first quarter. Ibex Wealth Advisors now owns 12,911 shares of the exchange traded fund’s stock worth $6,054,000 after acquiring an additional 550 shares during the period. Home Federal Bank of Tennessee boosted its position in Invesco QQQ by 31.4% during the first quarter. Home Federal Bank of Tennessee now owns 6,436 shares of the exchange traded fund’s stock worth $3,018,000 after purchasing an additional 1,538 shares during the period. SJS Investment Consulting Inc. increased its stake in shares of Invesco QQQ by 11.7% in the first quarter. SJS Investment Consulting Inc. now owns 257 shares of the exchange traded fund’s stock worth $121,000 after purchasing an additional 27 shares in the last quarter. Sonora Investment Management Group LLC raised its position in shares of Invesco QQQ by 18.5% in the first quarter. Sonora Investment Management Group LLC now owns 6,051 shares of the exchange traded fund’s stock valued at $2,837,000 after purchasing an additional 943 shares during the period. Finally, Crescent Sterling Ltd. bought a new stake in shares of Invesco QQQ in the first quarter valued at approximately $287,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $530.70 on Tuesday. The firm has a market capitalization of $332.56 billion, a P/E ratio of 32.66 and a beta of 1.11. Invesco QQQ has a one year low of $402.39 and a one year high of $540.81. The business has a fifty day moving average price of $484.30 and a 200-day moving average price of $502.02.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 24th were given a $0.7157 dividend. The ex-dividend date was Monday, March 24th.

About Invesco QQQ

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.