Syntegra Private Wealth Group LLC Sells 1,786 Shares of Invesco QQQ (NASDAQ:QQQ)

Syntegra Private Wealth Group LLC trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 4.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 35,378 shares of the exchange traded fund’s stock after selling 1,786 shares during the quarter. Invesco QQQ accounts for 2.0% of Syntegra Private Wealth Group LLC’s holdings, making the stock its 13th biggest position. Syntegra Private Wealth Group LLC’s holdings in Invesco QQQ were worth $14,488,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. VisionPoint Advisory Group LLC acquired a new stake in shares of Invesco QQQ in the 2nd quarter valued at approximately $36,000. Russell Investments Group Ltd. acquired a new stake in Invesco QQQ during the 2nd quarter valued at $44,000. Core Wealth Advisors Inc. lifted its holdings in Invesco QQQ by 33.3% during the 3rd quarter. Core Wealth Advisors Inc. now owns 120 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 30 shares during the last quarter. Blume Capital Management Inc. lifted its holdings in Invesco QQQ by 104.0% during the 3rd quarter. Blume Capital Management Inc. now owns 135 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 3,500 shares during the last quarter. Finally, Investors Research Corp lifted its holdings in Invesco QQQ by 83.5% during the 2nd quarter. Investors Research Corp now owns 156 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 71 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Down 0.2 %

Invesco QQQ stock traded down $0.82 during mid-day trading on Thursday, hitting $444.01. 36,607,437 shares of the company’s stock traded hands, compared to its average volume of 44,988,266. The firm has a 50 day simple moving average of $433.84 and a two-hundred day simple moving average of $399.66. Invesco QQQ has a fifty-two week low of $309.89 and a fifty-two week high of $449.34.

Invesco QQQ Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th will be issued a dividend of $0.5735 per share. This represents a $2.29 annualized dividend and a yield of 0.52%. The ex-dividend date of this dividend is Monday, March 18th.

About Invesco QQQ

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.