Outlook Wealth Advisors LLC Sells 1,580 Shares of Invesco QQQ $QQQ

Outlook Wealth Advisors LLC cut its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 5.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 26,966 shares of the exchange traded fund’s stock after selling 1,580 shares during the quarter. Invesco QQQ comprises 4.0% of Outlook Wealth Advisors LLC’s holdings, making the stock its 3rd largest position. Outlook Wealth Advisors LLC’s holdings in Invesco QQQ were worth $16,190,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC lifted its holdings in shares of Invesco QQQ by 15.0% during the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock worth $19,605,000 after purchasing an additional 4,989 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Invesco QQQ by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after buying an additional 176 shares during the period. Jupiter Wealth Management LLC purchased a new stake in shares of Invesco QQQ in the second quarter worth about $290,000. Pasadena Private Wealth LLC grew its holdings in Invesco QQQ by 90.6% during the second quarter. Pasadena Private Wealth LLC now owns 13,507 shares of the exchange traded fund’s stock worth $7,451,000 after acquiring an additional 6,420 shares during the period. Finally, Bfsg LLC lifted its holdings in Invesco QQQ by 47.1% in the second quarter. Bfsg LLC now owns 2,364 shares of the exchange traded fund’s stock valued at $1,304,000 after acquiring an additional 757 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 1.4%

Shares of NASDAQ QQQ opened at $616.28 on Thursday. The firm’s 50 day simple moving average is $615.99 and its 200-day simple moving average is $597.04. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01.

Invesco QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were paid a $0.7941 dividend. The ex-dividend date was Monday, December 22nd. This represents a $3.18 annualized dividend and a dividend yield of 0.5%. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69.

Invesco QQQ News Roundup

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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