Client First Capital LLC Sells 1,320 Shares of Invesco QQQ $QQQ

Client First Capital LLC lessened its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 1.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,413 shares of the exchange traded fund’s stock after selling 1,320 shares during the period. Invesco QQQ comprises 20.4% of Client First Capital LLC’s investment portfolio, making the stock its biggest holding. Client First Capital LLC’s holdings in Invesco QQQ were worth $45,876,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Orgel Wealth Management LLC boosted its stake in Invesco QQQ by 4.7% during the third quarter. Orgel Wealth Management LLC now owns 382 shares of the exchange traded fund’s stock valued at $229,000 after buying an additional 17 shares during the period. Enclave Advisors LLC grew its stake in Invesco QQQ by 0.9% in the third quarter. Enclave Advisors LLC now owns 1,831 shares of the exchange traded fund’s stock worth $1,099,000 after purchasing an additional 17 shares during the period. IFS Advisors LLC grew its stake in shares of Invesco QQQ by 4.1% in the 3rd quarter. IFS Advisors LLC now owns 431 shares of the exchange traded fund’s stock worth $259,000 after buying an additional 17 shares during the last quarter. Mezzasalma Advisors LLC boosted its stake in Invesco QQQ by 0.5% during the 3rd quarter. Mezzasalma Advisors LLC now owns 3,312 shares of the exchange traded fund’s stock valued at $1,988,000 after purchasing an additional 17 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its position in Invesco QQQ by 1.2% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,421 shares of the exchange traded fund’s stock worth $853,000 after purchasing an additional 17 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Down 1.4%

NASDAQ:QQQ opened at $597.03 on Friday. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01. The stock has a 50-day moving average price of $619.89 and a 200 day moving average price of $601.69.

Invesco QQQ Increases Dividend

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

Invesco QQQ News Roundup

Here are the key news stories impacting Invesco QQQ this week:

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.

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

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