RHS Financial LLC Sells 976 Shares of Invesco QQQ $QQQ

RHS Financial LLC reduced its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 72.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 376 shares of the exchange traded fund’s stock after selling 976 shares during the period. RHS Financial LLC’s holdings in Invesco QQQ were worth $231,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. HRT Financial LP grew its position in Invesco QQQ by 118.3% during the second quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock worth $1,735,226,000 after buying an additional 1,704,600 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Invesco QQQ by 0.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund’s stock valued at $1,843,749,000 after acquiring an additional 8,038 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Invesco QQQ by 2.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,986,326 shares of the exchange traded fund’s stock valued at $1,792,901,000 after acquiring an additional 64,025 shares in the last quarter. US Bancorp DE boosted its position in shares of Invesco QQQ by 0.5% during the 3rd quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock valued at $827,346,000 after acquiring an additional 7,378 shares during the last quarter. Finally, Maxi Investments CY Ltd grew its holdings in shares of Invesco QQQ by 8.1% during the third quarter. Maxi Investments CY Ltd now owns 1,235,000 shares of the exchange traded fund’s stock worth $741,457,000 after purchasing an additional 92,700 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ News Roundup

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

Invesco QQQ Stock Performance

QQQ stock opened at $584.31 on Thursday. The company’s 50 day moving average is $603.55 and its 200 day moving average is $609.38. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a $0.7328 dividend. This represents a $2.93 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, March 23rd.

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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