Moisand Fitzgerald Tamayo LLC Has $144,000 Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Moisand Fitzgerald Tamayo LLC lifted its holdings in Invesco QQQ (NASDAQ:QQQ) by 32.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 294 shares of the exchange traded fund’s stock after purchasing an additional 72 shares during the quarter. Moisand Fitzgerald Tamayo LLC’s holdings in Invesco QQQ were worth $144,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Rappaport Reiches Capital Management LLC boosted its position in Invesco QQQ by 0.5% during the 3rd quarter. Rappaport Reiches Capital Management LLC now owns 12,713 shares of the exchange traded fund’s stock worth $6,205,000 after acquiring an additional 65 shares during the last quarter. Beaumont Financial Advisors LLC boosted its position in Invesco QQQ by 2.4% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 4,442 shares of the exchange traded fund’s stock worth $2,168,000 after acquiring an additional 106 shares during the last quarter. Cerro Pacific Wealth Advisors LLC boosted its position in Invesco QQQ by 1.2% during the 3rd quarter. Cerro Pacific Wealth Advisors LLC now owns 31,261 shares of the exchange traded fund’s stock worth $14,977,000 after acquiring an additional 366 shares during the last quarter. Watts Gwilliam & Co. LLC acquired a new position in Invesco QQQ during the 3rd quarter worth approximately $4,385,000. Finally, Selective Wealth Management Inc. boosted its position in Invesco QQQ by 2.1% during the 3rd quarter. Selective Wealth Management Inc. now owns 3,606 shares of the exchange traded fund’s stock worth $1,764,000 after acquiring an additional 74 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 0.1 %

NASDAQ:QQQ opened at $492.59 on Friday. Invesco QQQ has a twelve month low of $342.35 and a twelve month high of $503.52. The business has a 50 day moving average price of $471.66 and a two-hundred day moving average price of $462.79.

Invesco QQQ Cuts Dividend

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

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.