West Coast Financial LLC Has $1.71 Million Holdings in Invesco QQQ (NASDAQ:QQQ)

West Coast Financial LLC decreased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 2.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 3,353 shares of the exchange traded fund’s stock after selling 78 shares during the period. West Coast Financial LLC’s holdings in Invesco QQQ were worth $1,714,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Northeast Investment Management raised its stake in shares of Invesco QQQ by 0.6% in the third quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock valued at $1,697,000 after purchasing an additional 20 shares in the last quarter. Planning Capital Management Corp increased its holdings in Invesco QQQ by 7.1% in the 3rd quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock valued at $146,000 after buying an additional 20 shares during the period. Cardinal Point Capital Management ULC raised its stake in shares of Invesco QQQ by 0.5% in the 4th quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock valued at $1,995,000 after buying an additional 20 shares in the last quarter. Skyline Advisors Inc. raised its stake in shares of Invesco QQQ by 5.0% in the 3rd quarter. Skyline Advisors Inc. now owns 441 shares of the exchange traded fund’s stock valued at $215,000 after buying an additional 21 shares in the last quarter. Finally, Madden Advisory Services Inc. lifted its holdings in shares of Invesco QQQ by 0.9% during the 3rd quarter. Madden Advisory Services Inc. now owns 2,487 shares of the exchange traded fund’s stock worth $1,214,000 after acquiring an additional 21 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $513.08 on Friday. Invesco QQQ has a twelve month low of $402.92 and a twelve month high of $539.15. The company’s 50-day simple moving average is $515.79 and its 200 day simple moving average is $491.65.

Invesco QQQ Dividend Announcement

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

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.