Daymark Wealth Partners LLC Sells 179 Shares of Invesco QQQ (NASDAQ:QQQ)

Daymark Wealth Partners LLC cut its stake in Invesco QQQ (NASDAQ:QQQ) by 1.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,060 shares of the exchange traded fund’s stock after selling 179 shares during the period. Daymark Wealth Partners LLC’s holdings in Invesco QQQ were worth $8,326,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. New Covenant Trust Company N.A. acquired a new stake in Invesco QQQ in the 1st quarter valued at approximately $28,000. Mechanics Financial Corp acquired a new stake in shares of Invesco QQQ in the second quarter valued at approximately $30,000. Deane Retirement Strategies Inc. bought a new stake in shares of Invesco QQQ in the first quarter worth $29,000. Voisard Asset Management Group Inc. acquired a new position in Invesco QQQ during the fourth quarter worth $35,000. Finally, Chelsea Counsel Co. bought a new position in Invesco QQQ in the first quarter valued at $40,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.5 %

NASDAQ:QQQ traded up $2.59 on Wednesday, hitting $491.89. 8,477,098 shares of the company’s stock were exchanged, compared to its average volume of 39,388,762. The firm has a 50-day moving average price of $470.56 and a 200-day moving average price of $462.37. Invesco QQQ has a 52 week low of $342.35 and a 52 week high of $503.52.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Monday, September 23rd will be given a dividend of $0.677 per share. The ex-dividend date of this dividend is Monday, September 23rd. This represents a $2.71 annualized dividend and a yield of 0.55%.

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.