Impact Partnership Wealth LLC Sells 20,133 Shares of Invesco QQQ $QQQ

Impact Partnership Wealth LLC decreased its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 23.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 67,493 shares of the exchange traded fund’s stock after selling 20,133 shares during the quarter. Invesco QQQ accounts for about 6.0% of Impact Partnership Wealth LLC’s holdings, making the stock its 3rd biggest position. Impact Partnership Wealth LLC’s holdings in Invesco QQQ were worth $40,521,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Morgan Dempsey Capital Management LLC acquired a new stake in shares of Invesco QQQ during the 2nd quarter worth about $30,000. Navigoe LLC grew its position in shares of Invesco QQQ by 300.0% in the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 45 shares during the last quarter. PayPay Securities Corp boosted its stake in Invesco QQQ by 78.9% in the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 30 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in Invesco QQQ in the 3rd quarter valued at $42,000. Finally, Moser Wealth Advisors LLC increased its position in Invesco QQQ by 930.0% during the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock worth $57,000 after buying an additional 93 shares during the period. 44.58% of the stock is currently owned by institutional investors.

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Invesco QQQ Price Performance

Shares of Invesco QQQ stock opened at $629.43 on Friday. The firm has a 50-day moving average of $619.19 and a 200-day moving average of $599.78. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $637.01.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were given a dividend of $0.7941 per share. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.69. This represents a $3.18 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd.

Invesco QQQ 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.

See Also

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQFree Report).

Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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