Invesco QQQ Trust (NASDAQ:QQQ) is Retirement Solution Inc.’s 9th Largest Position

Retirement Solution Inc. lessened its holdings in Invesco QQQ Trust (NASDAQ:QQQ) by 18.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,468 shares of the exchange traded fund’s stock after selling 2,653 shares during the period. Invesco QQQ Trust comprises about 1.4% of Retirement Solution Inc.’s portfolio, making the stock its 9th largest holding. Retirement Solution Inc.’s holdings in Invesco QQQ Trust were worth $4,696,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. 180 Wealth Advisors LLC increased its stake in Invesco QQQ Trust by 1.2% during the 3rd quarter. 180 Wealth Advisors LLC now owns 2,428 shares of the exchange traded fund’s stock worth $870,000 after buying an additional 29 shares in the last quarter. Bank Hapoalim BM increased its stake in Invesco QQQ Trust by 6.3% during the 4th quarter. Bank Hapoalim BM now owns 77,333 shares of the exchange traded fund’s stock worth $31,669,000 after buying an additional 4,549 shares in the last quarter. Goodwin Daniel L increased its stake in Invesco QQQ Trust by 76.1% during the 3rd quarter. Goodwin Daniel L now owns 5,775 shares of the exchange traded fund’s stock worth $2,069,000 after buying an additional 2,495 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Invesco QQQ Trust by 6.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,259,295 shares of the exchange traded fund’s stock worth $1,530,696,000 after buying an additional 243,305 shares in the last quarter. Finally, VitalStone Financial LLC increased its stake in Invesco QQQ Trust by 302.0% during the 3rd quarter. VitalStone Financial LLC now owns 21,403 shares of the exchange traded fund’s stock worth $8,099,000 after buying an additional 16,079 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trust Price Performance

NASDAQ:QQQ traded up $1.44 during trading hours on Wednesday, hitting $426.51. 46,222,772 shares of the stock were exchanged, compared to its average volume of 46,039,938. Invesco QQQ Trust has a 52-week low of $309.89 and a 52-week high of $449.34. The firm’s fifty day moving average price is $437.07 and its 200 day moving average price is $409.56.

Invesco QQQ Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, March 19th will be given a $0.5735 dividend. The ex-dividend date of this dividend is Monday, March 18th. This represents a $2.29 dividend on an annualized basis and a dividend yield of 0.54%.

Invesco QQQ Trust Company 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.