Honkamp Krueger Financial Services Inc. Sells 285 Shares of Invesco QQQ Trust (NASDAQ:QQQ)

Honkamp Krueger Financial Services Inc. decreased its position in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 2.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,272 shares of the exchange traded fund’s stock after selling 285 shares during the quarter. Honkamp Krueger Financial Services Inc.’s holdings in Invesco QQQ Trust were worth $2,609,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of QQQ. FMR LLC grew its position in shares of Invesco QQQ Trust by 4.4% during the 1st quarter. FMR LLC now owns 155,853 shares of the exchange traded fund’s stock worth $28,000,000 after buying an additional 6,637 shares in the last quarter. Northern Trust Corp boosted its position in Invesco QQQ Trust by 3.2% during the second quarter. Northern Trust Corp now owns 228,162 shares of the exchange traded fund’s stock valued at $42,607,000 after purchasing an additional 7,130 shares in the last quarter. Parametric Portfolio Associates LLC boosted its position in Invesco QQQ Trust by 38.7% during the second quarter. Parametric Portfolio Associates LLC now owns 23,557 shares of the exchange traded fund’s stock valued at $4,399,000 after purchasing an additional 6,569 shares in the last quarter. ETRADE Capital Management LLC bought a new stake in Invesco QQQ Trust during the second quarter valued at about $519,000. Finally, VisionPoint Advisory Group LLC boosted its position in Invesco QQQ Trust by 326.1% during the second quarter. VisionPoint Advisory Group LLC now owns 93,046 shares of the exchange traded fund’s stock valued at $17,375,000 after purchasing an additional 71,210 shares in the last quarter. 39.30% of the stock is currently owned by institutional investors and hedge funds.

Shares of QQQ stock opened at $220.08 on Wednesday. Invesco QQQ Trust has a 1-year low of $159.91 and a 1-year high of $221.21. The stock’s 50-day moving average is $210.43 and its 200 day moving average is $196.39.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 24th were given a dividend of $0.4577 per share. The ex-dividend date was Monday, December 23rd. This represents a $1.83 dividend on an annualized basis and a yield of 0.83%. This is an increase from Invesco QQQ Trust’s previous quarterly dividend of $0.42.

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.

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

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