Insight Wealth Strategies LLC Sells 67 Shares of Invesco QQQ Trust (NASDAQ:QQQ)

Insight Wealth Strategies LLC lowered its position in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 6.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,045 shares of the exchange traded fund’s stock after selling 67 shares during the quarter. Insight Wealth Strategies LLC’s holdings in Invesco QQQ Trust were worth $333,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. TAP Consulting LLC grew its holdings in Invesco QQQ Trust by 6.1% during the first quarter. TAP Consulting LLC now owns 5,850 shares of the exchange traded fund’s stock valued at $1,867,000 after purchasing an additional 338 shares during the period. Ritholtz Wealth Management grew its holdings in Invesco QQQ Trust by 34.6% during the first quarter. Ritholtz Wealth Management now owns 348,669 shares of the exchange traded fund’s stock valued at $111,271,000 after purchasing an additional 89,628 shares during the period. Norinchukin Bank The grew its holdings in Invesco QQQ Trust by 114.2% during the first quarter. Norinchukin Bank The now owns 170,191 shares of the exchange traded fund’s stock valued at $54,313,000 after purchasing an additional 90,731 shares during the period. Linscomb & Williams Inc. boosted its holdings in shares of Invesco QQQ Trust by 0.7% in the first quarter. Linscomb & Williams Inc. now owns 13,034 shares of the exchange traded fund’s stock valued at $4,159,000 after buying an additional 86 shares during the period. Finally, Pinnacle Advisory Group Inc. acquired a new position in shares of Invesco QQQ Trust in the first quarter valued at approximately $557,000. Hedge funds and other institutional investors own 45.52% of the company’s stock.

Invesco QQQ Trust stock opened at $340.16 on Friday. Invesco QQQ Trust has a twelve month low of $231.47 and a twelve month high of $342.80. The firm has a 50 day moving average of $333.17.

The business also recently declared a quarterly dividend, which was paid on Friday, April 30th. Stockholders of record on Tuesday, March 23rd were issued a $0.395 dividend. This represents a $1.58 annualized dividend and a dividend yield of 0.46%. The ex-dividend date was Monday, March 22nd.

Invesco QQQ Trust Profile

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 Trust (NASDAQ:QQQ)

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