Invesco QQQ (NASDAQ:QQQ) is Coyle Financial Counsel LLC’s 4th Largest Position

Coyle Financial Counsel LLC raised its holdings in Invesco QQQ (NASDAQ:QQQ) by 12.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,218 shares of the exchange traded fund’s stock after purchasing an additional 3,956 shares during the quarter. Invesco QQQ accounts for about 5.7% of Coyle Financial Counsel LLC’s holdings, making the stock its 4th biggest position. Coyle Financial Counsel LLC’s holdings in Invesco QQQ were worth $18,004,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in QQQ. SOA Wealth Advisors LLC. boosted its holdings in Invesco QQQ by 0.3% during the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after buying an additional 46 shares in the last quarter. Pettinga Financial Advisors LLC boosted its stake in shares of Invesco QQQ by 13.6% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund’s stock worth $7,553,000 after acquiring an additional 1,854 shares in the last quarter. First Financial Bankshares Inc boosted its stake in shares of Invesco QQQ by 33.3% during the 3rd quarter. First Financial Bankshares Inc now owns 576 shares of the exchange traded fund’s stock worth $281,000 after acquiring an additional 144 shares in the last quarter. Platt Investment Counsel LLC grew its holdings in shares of Invesco QQQ by 2.3% in the 3rd quarter. Platt Investment Counsel LLC now owns 45,146 shares of the exchange traded fund’s stock worth $22,034,000 after acquiring an additional 1,002 shares during the period. Finally, Ridgepath Capital Management LLC increased its stake in Invesco QQQ by 381.6% in the 3rd quarter. Ridgepath Capital Management LLC now owns 29,595 shares of the exchange traded fund’s stock valued at $14,445,000 after purchasing an additional 23,450 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 1.2 %

QQQ opened at $519.87 on Tuesday. Invesco QQQ has a one year low of $413.07 and a one year high of $540.81. The business’s fifty day moving average is $523.02 and its two-hundred day moving average is $502.10.

Invesco QQQ Announces Dividend

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

Invesco QQQ Company 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.