Sonata Capital Group Inc. Sells 58 Shares of Invesco QQQ (NASDAQ:QQQ)

Sonata Capital Group Inc. decreased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 2.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,955 shares of the exchange traded fund’s stock after selling 58 shares during the quarter. Sonata Capital Group Inc.’s holdings in Invesco QQQ were worth $999,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. SOA Wealth Advisors LLC. increased its position in shares of Invesco QQQ by 0.3% during the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after acquiring an additional 46 shares in the last quarter. ORG Wealth Partners LLC bought a new stake in Invesco QQQ during the 3rd quarter worth approximately $181,000. Stablepoint Partners LLC raised its stake in shares of Invesco QQQ by 95.7% in the third quarter. Stablepoint Partners LLC now owns 1,832 shares of the exchange traded fund’s stock worth $894,000 after purchasing an additional 896 shares during the last quarter. Empirical Asset Management LLC lifted its holdings in shares of Invesco QQQ by 7.3% in the third quarter. Empirical Asset Management LLC now owns 1,286 shares of the exchange traded fund’s stock valued at $628,000 after purchasing an additional 87 shares in the last quarter. Finally, Grove Bank & Trust boosted its position in shares of Invesco QQQ by 16.9% during the third quarter. Grove Bank & Trust now owns 782 shares of the exchange traded fund’s stock valued at $382,000 after buying an additional 113 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trading Down 0.2 %

Shares of Invesco QQQ stock opened at $527.99 on Wednesday. The stock has a fifty day simple moving average of $521.54 and a 200 day simple moving average of $496.40. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15.

Invesco QQQ Announces Dividend

The company also recently declared 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 of this dividend was Monday, December 23rd.

About Invesco QQQ

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.