Curran Financial Partners LLC Buys 304 Shares of Invesco QQQ (NASDAQ:QQQ)

Curran Financial Partners LLC grew its stake in Invesco QQQ (NASDAQ:QQQ) by 26.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,447 shares of the exchange traded fund’s stock after acquiring an additional 304 shares during the period. Curran Financial Partners LLC’s holdings in Invesco QQQ were worth $706,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of QQQ. New Covenant Trust Company N.A. acquired a new stake in Invesco QQQ in the first quarter worth about $28,000. Mechanics Financial Corp bought a new position in shares of Invesco QQQ in the 2nd quarter valued at about $30,000. Chelsea Counsel Co. acquired a new stake in shares of Invesco QQQ during the 1st quarter worth approximately $40,000. CGC Financial Services LLC raised its stake in shares of Invesco QQQ by 736.4% during the second quarter. CGC Financial Services LLC now owns 92 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 81 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. lifted its holdings in Invesco QQQ by 30.4% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 103 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 24 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 0.0 %

QQQ opened at $490.91 on Thursday. The company has a fifty day moving average price of $475.94 and a two-hundred day moving average price of $464.29. Invesco QQQ has a 52 week low of $342.35 and a 52 week high of $503.52.

Invesco QQQ Cuts Dividend

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

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.