Enzi Wealth Sells 113 Shares of Invesco QQQ (NASDAQ:QQQ)

Enzi Wealth decreased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 1.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,890 shares of the exchange traded fund’s stock after selling 113 shares during the period. Invesco QQQ comprises 2.2% of Enzi Wealth’s holdings, making the stock its 13th largest holding. Enzi Wealth’s holdings in Invesco QQQ were worth $5,788,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Hoese & Co LLP increased its position in Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 20 shares in the last quarter. Legacy Bridge LLC boosted its holdings in shares of Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares in the last quarter. BNP Paribas bought a new stake in Invesco QQQ during the 3rd quarter worth $62,000. Brooklyn Investment Group acquired a new position in Invesco QQQ in the 4th quarter worth about $69,000. Finally, Ritter Daniher Financial Advisory LLC DE raised its position in Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 63 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $520.83 on Thursday. The stock’s 50-day moving average is $518.51 and its 200-day moving average is $493.56. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15.

Invesco QQQ Dividend Announcement

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

Invesco QQQ 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.