Oxinas Partners Wealth Management LLC Sells 1,351 Shares of Invesco QQQ $QQQ

Oxinas Partners Wealth Management LLC lessened its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 10.7% in the third quarter, Holdings Channel.com reports. The fund owned 11,313 shares of the exchange traded fund’s stock after selling 1,351 shares during the quarter. Invesco QQQ comprises about 3.6% of Oxinas Partners Wealth Management LLC’s holdings, making the stock its 6th biggest position. Oxinas Partners Wealth Management LLC’s holdings in Invesco QQQ were worth $6,792,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Morgan Dempsey Capital Management LLC purchased a new stake in shares of Invesco QQQ during the second quarter valued at $30,000. Navigoe LLC raised its holdings in Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 45 shares during the period. PayPay Securities Corp raised its holdings in Invesco QQQ by 78.9% during the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 30 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in Invesco QQQ during the third quarter valued at about $42,000. Finally, Moser Wealth Advisors LLC boosted its holdings in shares of Invesco QQQ by 930.0% in the second 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 owned by institutional investors.

More Invesco QQQ News

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Invesco QQQ Price Performance

Invesco QQQ stock opened at $601.92 on Friday. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01. The firm’s 50 day simple moving average is $618.30 and its 200-day simple moving average is $603.51.

Invesco QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were given a dividend of $0.7941 per share. This represents a $3.18 annualized dividend 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 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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