Global View Capital Management LLC Sells 750 Shares of Invesco QQQ $QQQ

Global View Capital Management LLC lessened its position in Invesco QQQ (NASDAQ:QQQ – Free Report) by 50.8% in the third quarter, Holdings Channel.com reports. The firm owned 725 shares of the exchange traded fund’s stock after selling 750 shares during the quarter. Global View Capital Management LLC’s holdings in Invesco QQQ were worth $536,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of QQQ. Partners Wealth Management LLC grew its holdings in Invesco QQQ by 1,009.1% during the 3rd quarter. Partners Wealth Management LLC now owns 20,884 shares of the exchange traded fund’s stock worth $15,465,000 after acquiring an additional 19,001 shares during the last quarter. Soltis Investment Advisors LLC raised its stake in shares of Invesco QQQ by 14.8% during the third quarter. Soltis Investment Advisors LLC now owns 24,789 shares of the exchange traded fund’s stock valued at $18,338,000 after acquiring an additional 3,195 shares during the last quarter. Choreo LLC raised its stake in shares of Invesco QQQ by 10.6% during the third quarter. Choreo LLC now owns 62,700 shares of the exchange traded fund’s stock valued at $46,381,000 after acquiring an additional 5,998 shares during the last quarter. Sterling Financial Planning Inc. raised its stake in shares of Invesco QQQ by 0.5% during the third quarter. Sterling Financial Planning Inc. now owns 6,805 shares of the exchange traded fund’s stock valued at $5,034,000 after acquiring an additional 37 shares during the last quarter. Finally, Fonville Wealth Management LLC lifted its holdings in shares of Invesco QQQ by 44.8% during the third quarter. Fonville Wealth Management LLC now owns 1,309 shares of the exchange traded fund’s stock worth $968,000 after purchasing an additional 405 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Down 3.5%

Shares of NASDAQ:QQQ opened at $690.49 on Friday. Invesco QQQ has a 12-month low of $555.60 and a 12-month high of $762.86. The business has a fifty day simple moving average of $725.00 and a 200 day simple moving average of $679.01.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Monday, September 21st were issued a $0.7514 dividend. The ex-dividend date was Monday, September 21st. This is a drop from Invesco QQQ’s previous quarterly dividend of $0.8135. This represents a $3.01 annualized dividend and a yield of 0.4%.

Invesco QQQ News Summary

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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