Invesco QQQ Trust (NASDAQ:QQQ) Shares Sold by Mogy Joel R Investment Counsel Inc.

Mogy Joel R Investment Counsel Inc. decreased its position in Invesco QQQ Trust (NASDAQ:QQQ – Get Rating) by 90.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 170 shares of the exchange traded fund’s stock after selling 1,535 shares during the period. Mogy Joel R Investment Counsel Inc.’s holdings in Invesco QQQ Trust were worth $68,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Regency Capital Management Inc. DE acquired a new stake in Invesco QQQ Trust in the fourth quarter valued at $27,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of Invesco QQQ Trust during the fourth quarter valued at $29,000. Alaethes Wealth LLC boosted its stake in shares of Invesco QQQ Trust by 100.0% during the third quarter. Alaethes Wealth LLC now owns 100 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 50 shares during the last quarter. Aquire Wealth Advisors LLC acquired a new stake in shares of Invesco QQQ Trust during the fourth quarter valued at $37,000. Finally, Godsey & Gibb Associates acquired a new stake in shares of Invesco QQQ Trust during the third quarter valued at $38,000. 42.74% of the stock is currently owned by institutional investors.

Shares of QQQ traded up $10.79 during trading hours on Friday, reaching $301.94. 83,579,597 shares of the company traded hands, compared to its average volume of 95,223,272. Invesco QQQ Trust has a fifty-two week low of $284.94 and a fifty-two week high of $408.71. The stock has a fifty day simple moving average of $336.13 and a 200 day simple moving average of $362.59.

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 29th. Investors of record on Tuesday, March 22nd were paid a dividend of $0.434 per share. This represents a $1.74 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date was Monday, March 21st.

Invesco QQQ Trust Company Profile (Get Rating)

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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