Liquid Strategies LLC Decreases Position in Invesco QQQ (NASDAQ:QQQ)

Liquid Strategies LLC decreased its position in Invesco QQQ (NASDAQ:QQQ) by 27.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,918 shares of the exchange traded fund’s stock after selling 5,173 shares during the period. Invesco QQQ comprises approximately 1.5% of Liquid Strategies LLC’s portfolio, making the stock its 12th biggest holding. Liquid Strategies LLC’s holdings in Invesco QQQ were worth $7,115,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. Wolff Financial Management LLC increased its holdings in Invesco QQQ by 0.6% in the 4th quarter. Wolff Financial Management LLC now owns 3,276 shares of the exchange traded fund’s stock worth $1,675,000 after acquiring an additional 21 shares during the last quarter. CX Institutional increased its stake in shares of Invesco QQQ by 40.4% in the fourth quarter. CX Institutional now owns 3,497 shares of the exchange traded fund’s stock worth $1,788,000 after purchasing an additional 1,007 shares in the last quarter. Berbice Capital Management LLC bought a new stake in shares of Invesco QQQ in the fourth quarter valued at approximately $1,763,000. Impact Partnership Wealth LLC lifted its stake in shares of Invesco QQQ by 41.8% during the 4th quarter. Impact Partnership Wealth LLC now owns 69,071 shares of the exchange traded fund’s stock valued at $35,311,000 after buying an additional 20,360 shares in the last quarter. Finally, Patriot Investment Management Group Inc. boosted its holdings in Invesco QQQ by 0.3% in the 4th quarter. Patriot Investment Management Group Inc. now owns 9,021 shares of the exchange traded fund’s stock worth $4,612,000 after buying an additional 25 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

Shares of QQQ stock opened at $529.63 on Friday. The company’s fifty day simple moving average is $517.20 and its two-hundred day simple moving average is $493.09. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15.

Invesco QQQ Announces Dividend

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

Invesco QQQ Company Profile

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.