Destiny Capital Corp CO Sells 1,670 Shares of Invesco QQQ $QQQ

Destiny Capital Corp CO trimmed its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 5.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,862 shares of the exchange traded fund’s stock after selling 1,670 shares during the quarter. Invesco QQQ comprises 10.4% of Destiny Capital Corp CO’s portfolio, making the stock its 3rd biggest holding. Destiny Capital Corp CO’s holdings in Invesco QQQ were worth $22,091,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Parvin Asset Management LLC acquired a new position in shares of Invesco QQQ during the first quarter worth approximately $28,000. High Point Wealth Management LLC grew its stake in shares of Invesco QQQ by 68.0% during the second quarter. High Point Wealth Management LLC now owns 42 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 17 shares during the last quarter. Financial Management Professionals Inc. increased its holdings in shares of Invesco QQQ by 83.3% in the second quarter. Financial Management Professionals Inc. now owns 55 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 25 shares in the last quarter. CrossGen Wealth LLC increased its holdings in shares of Invesco QQQ by 44.7% in the third quarter. CrossGen Wealth LLC now owns 55 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 17 shares in the last quarter. Finally, Bullseye Investment Management LLC acquired a new stake in shares of Invesco QQQ in the second quarter valued at approximately $44,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.4%

Shares of QQQ traded up $9.05 during trading hours on Friday, hitting $656.10. 70,404,673 shares of the stock traded hands, compared to its average volume of 40,681,568. The business has a fifty day moving average of $720.97 and a 200-day moving average of $680.33. Invesco QQQ has a 1-year low of $555.60 and a 1-year high of $762.86.

Invesco QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Monday, September 21st were issued a dividend of $0.7514 per share. The ex-dividend date was Monday, September 21st. This is a negative change from Invesco QQQ’s previous quarterly dividend of $0.8135. This represents a $3.01 dividend on an annualized basis and a dividend yield of 0.5%.

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Invesco QQQ 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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