Blackston Financial Advisory Group LLC Sells 497 Shares of Invesco QQQ (NASDAQ:QQQ)

Blackston Financial Advisory Group LLC decreased its position in Invesco QQQ (NASDAQ:QQQ) by 11.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,855 shares of the exchange traded fund’s stock after selling 497 shares during the period. Invesco QQQ comprises 1.0% of Blackston Financial Advisory Group LLC’s portfolio, making the stock its 18th biggest position. Blackston Financial Advisory Group LLC’s holdings in Invesco QQQ were worth $1,971,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of QQQ. Stephens Consulting LLC grew its position in Invesco QQQ by 0.4% in the fourth quarter. Stephens Consulting LLC now owns 5,416 shares of the exchange traded fund’s stock worth $2,769,000 after acquiring an additional 19 shares in the last quarter. Northeast Investment Management boosted its holdings in shares of Invesco QQQ by 0.6% in the 3rd quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock worth $1,697,000 after purchasing an additional 20 shares in the last quarter. Planning Capital Management Corp increased its position in shares of Invesco QQQ by 7.1% during the 3rd quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock valued at $146,000 after purchasing an additional 20 shares during the last quarter. Cardinal Point Capital Management ULC raised its holdings in shares of Invesco QQQ by 0.5% during the 4th quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock valued at $1,995,000 after buying an additional 20 shares in the last quarter. Finally, Hoese & Co LLP lifted its position in Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 20 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $526.08 on Friday. The firm has a fifty day simple moving average of $523.39 and a two-hundred day simple moving average of $500.70. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $540.81.

Invesco QQQ Announces Dividend

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