Seamount Financial Group Inc. Has $3.04 Million Holdings in Invesco QQQ (NASDAQ:QQQ)

Seamount Financial Group Inc. boosted its holdings in Invesco QQQ (NASDAQ:QQQ) by 10.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,951 shares of the exchange traded fund’s stock after buying an additional 582 shares during the period. Invesco QQQ makes up about 2.1% of Seamount Financial Group Inc.’s investment portfolio, making the stock its 10th largest position. Seamount Financial Group Inc.’s holdings in Invesco QQQ were worth $3,042,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Sanibel Captiva Trust Company Inc. raised its stake in shares of Invesco QQQ by 11.2% in the third quarter. Sanibel Captiva Trust Company Inc. now owns 5,483 shares of the exchange traded fund’s stock valued at $2,676,000 after purchasing an additional 553 shares in the last quarter. Patten Group Inc. raised its stake in shares of Invesco QQQ by 3.3% in the 3rd quarter. Patten Group Inc. now owns 1,539 shares of the exchange traded fund’s stock valued at $751,000 after buying an additional 49 shares in the last quarter. SOA Wealth Advisors LLC. lifted its holdings in shares of Invesco QQQ by 0.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after acquiring an additional 46 shares during the period. UMB Bank n.a. boosted its position in shares of Invesco QQQ by 14.6% during the 3rd quarter. UMB Bank n.a. now owns 4,106 shares of the exchange traded fund’s stock valued at $2,004,000 after acquiring an additional 523 shares in the last quarter. Finally, Watts Gwilliam & Co. LLC bought a new stake in Invesco QQQ in the third quarter valued at about $4,385,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $522.92 on Friday. The firm has a 50-day moving average price of $521.00 and a 200 day moving average price of $495.29. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15.

Invesco QQQ Dividend Announcement

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