Aurora Private Wealth Inc. Reduces Stake in Invesco QQQ (NASDAQ:QQQ)

Aurora Private Wealth Inc. trimmed its holdings in Invesco QQQ (NASDAQ:QQQ) by 2.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,491 shares of the exchange traded fund’s stock after selling 278 shares during the quarter. Invesco QQQ accounts for 4.4% of Aurora Private Wealth Inc.’s portfolio, making the stock its 3rd largest holding. Aurora Private Wealth Inc.’s holdings in Invesco QQQ were worth $5,874,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hoese & Co LLP raised its stake in Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares in the last quarter. Legacy Bridge LLC increased its position in shares of Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 45 shares in the last quarter. BNP Paribas bought a new position in shares of Invesco QQQ in the third quarter valued at approximately $62,000. Brooklyn Investment Group acquired a new position in shares of Invesco QQQ in the 4th quarter worth approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE grew its position in Invesco QQQ by 75.9% during the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after acquiring an additional 63 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 3.0 %

Shares of QQQ opened at $513.93 on Tuesday. The stock has a fifty day moving average price of $517.86 and a two-hundred day moving average price of $493.21. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15.

Invesco QQQ Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a dividend of $0.8347 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.