Invesco QQQ (NASDAQ:QQQ) Stock Position Boosted by SFG Wealth Management LLC.

SFG Wealth Management LLC. grew its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 6.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,585 shares of the exchange traded fund’s stock after buying an additional 92 shares during the quarter. SFG Wealth Management LLC.’s holdings in Invesco QQQ were worth $774,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of QQQ. International Assets Investment Management LLC lifted its stake in Invesco QQQ by 46,491.6% in the 3rd quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock worth $15,904,322,000 after acquiring an additional 32,516,210 shares in the last quarter. Steel Grove Capital Advisors LLC increased its holdings in shares of Invesco QQQ by 934.0% in the 1st quarter. Steel Grove Capital Advisors LLC now owns 3,434,759 shares of the exchange traded fund’s stock valued at $1,525,067,000 after purchasing an additional 3,102,568 shares during the period. Strategic Financial Concepts LLC lifted its position in shares of Invesco QQQ by 18,691.3% in the second quarter. Strategic Financial Concepts LLC now owns 2,777,351 shares of the exchange traded fund’s stock worth $13,307,000 after purchasing an additional 2,762,571 shares in the last quarter. Granite Bay Wealth Management LLC boosted its holdings in shares of Invesco QQQ by 6,215.5% during the second quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund’s stock worth $409,513,000 after purchasing an additional 894,532 shares during the period. Finally, Harvard Management Co. Inc. acquired a new stake in shares of Invesco QQQ during the first quarter worth approximately $304,591,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 0.0 %

Invesco QQQ stock traded down $0.24 during trading hours on Friday, hitting $513.30. The company had a trading volume of 5,075,387 shares, compared to its average volume of 38,339,629. Invesco QQQ has a fifty-two week low of $369.57 and a fifty-two week high of $514.33. The firm’s fifty day moving average is $483.00 and its 200-day moving average is $470.34.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd were paid a $0.677 dividend. This represents a $2.71 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date was Monday, September 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.