Koss Olinger Consulting LLC Sells 1,191 Shares of Invesco QQQ $QQQ

Koss Olinger Consulting LLC lowered its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 27.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,158 shares of the exchange traded fund’s stock after selling 1,191 shares during the period. Koss Olinger Consulting LLC’s holdings in Invesco QQQ were worth $1,940,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sovran Advisors LLC lifted its holdings in Invesco QQQ by 8.0% during the 4th quarter. Sovran Advisors LLC now owns 18,032 shares of the exchange traded fund’s stock worth $11,212,000 after buying an additional 1,340 shares during the period. Corepath Wealth Partners LLC lifted its holdings in Invesco QQQ by 19.7% during the 4th quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock worth $5,471,000 after buying an additional 1,436 shares during the period. Strengthening Families & Communities LLC acquired a new position in Invesco QQQ during the 3rd quarter worth about $10,771,000. Cane Capital Partners LLC acquired a new position in Invesco QQQ during the 4th quarter worth about $715,000. Finally, Coyle Financial Counsel LLC lifted its holdings in Invesco QQQ by 4.9% during the 3rd quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock worth $26,091,000 after buying an additional 2,035 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.4%

Shares of QQQ opened at $738.31 on Friday. Invesco QQQ has a 12 month low of $511.93 and a 12 month high of $741.63. The stock’s 50-day moving average price is $652.03 and its two-hundred day moving average price is $626.95.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.7328 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.4%.

Key Invesco QQQ News

Here are the key news stories impacting Invesco QQQ this week:

About Invesco QQQ

(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.

Further Reading

Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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