Invesco QQQ $QQQ Stock Position Boosted by Capital Advisory Group Advisory Services LLC

Capital Advisory Group Advisory Services LLC boosted its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 19.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 32,405 shares of the exchange traded fund’s stock after buying an additional 5,381 shares during the period. Invesco QQQ accounts for approximately 6.1% of Capital Advisory Group Advisory Services LLC’s holdings, making the stock its 2nd largest holding. Capital Advisory Group Advisory Services LLC’s holdings in Invesco QQQ were worth $19,455,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Orgel Wealth Management LLC increased its position in Invesco QQQ by 4.7% during the third quarter. Orgel Wealth Management LLC now owns 382 shares of the exchange traded fund’s stock worth $229,000 after purchasing an additional 17 shares during the last quarter. Enclave Advisors LLC increased its holdings in shares of Invesco QQQ by 0.9% during the 3rd quarter. Enclave Advisors LLC now owns 1,831 shares of the exchange traded fund’s stock worth $1,099,000 after buying an additional 17 shares during the last quarter. IFS Advisors LLC increased its holdings in shares of Invesco QQQ by 4.1% during the 3rd quarter. IFS Advisors LLC now owns 431 shares of the exchange traded fund’s stock worth $259,000 after buying an additional 17 shares during the last quarter. Mezzasalma Advisors LLC raised its position in shares of Invesco QQQ by 0.5% in the 3rd quarter. Mezzasalma Advisors LLC now owns 3,312 shares of the exchange traded fund’s stock worth $1,988,000 after buying an additional 17 shares during the period. Finally, TCV Trust & Wealth Management Inc. boosted its holdings in Invesco QQQ by 1.4% in the third quarter. TCV Trust & Wealth Management Inc. now owns 1,246 shares of the exchange traded fund’s stock valued at $748,000 after acquiring an additional 17 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Key Headlines Impacting Invesco QQQ

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

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $621.26 on Monday. The business has a 50-day moving average of $616.40 and a two-hundred day moving average of $596.07. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were given a dividend of $0.7941 per share. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $3.18 dividend on an annualized basis and a yield of 0.5%.

Invesco QQQ Company Profile

(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.

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

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