Invesco QQQ (NASDAQ:QQQ) Shares Sold by WestHill Financial Advisors Inc.

WestHill Financial Advisors Inc. lowered its position in shares of Invesco QQQ (NASDAQ:QQQ) by 8.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,146 shares of the exchange traded fund’s stock after selling 110 shares during the quarter. WestHill Financial Advisors Inc.’s holdings in Invesco QQQ were worth $538,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Providence First Trust Co boosted its position in Invesco QQQ by 3.0% during the fourth quarter. Providence First Trust Co now owns 676 shares of the exchange traded fund’s stock worth $346,000 after acquiring an additional 20 shares during the last quarter. Diversified Enterprises LLC boosted its position in Invesco QQQ by 0.4% during the fourth quarter. Diversified Enterprises LLC now owns 5,240 shares of the exchange traded fund’s stock worth $2,679,000 after acquiring an additional 20 shares during the last quarter. Prevail Innovative Wealth Advisors LLC boosted its position in Invesco QQQ by 4.3% during the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 484 shares of the exchange traded fund’s stock worth $247,000 after acquiring an additional 20 shares during the last quarter. Legacy Investment Solutions LLC boosted its holdings in shares of Invesco QQQ by 8.2% in the 4th quarter. Legacy Investment Solutions LLC now owns 264 shares of the exchange traded fund’s stock valued at $138,000 after purchasing an additional 20 shares during the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC boosted its holdings in shares of Invesco QQQ by 0.3% in the 4th quarter. Laird Norton Wetherby Wealth Management LLC now owns 6,024 shares of the exchange traded fund’s stock valued at $3,080,000 after purchasing an additional 20 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.0%

Shares of QQQ opened at $528.99 on Thursday. The company’s fifty day moving average is $497.46 and its two-hundred day moving average is $503.26. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $540.81.

Invesco QQQ Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th were issued a $0.7157 dividend. The ex-dividend date was Monday, March 24th.

Invesco QQQ 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.