Invesco QQQ (NASDAQ:QQQ) Stock Holdings Lifted by Certified Advisory Corp

Certified Advisory Corp boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 3.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 53,225 shares of the exchange traded fund’s stock after buying an additional 1,675 shares during the quarter. Invesco QQQ makes up 2.9% of Certified Advisory Corp’s investment portfolio, making the stock its 3rd largest holding. Certified Advisory Corp’s holdings in Invesco QQQ were worth $25,978,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Westwood Holdings Group Inc. lifted its holdings in Invesco QQQ by 14.1% during the first quarter. Westwood Holdings Group Inc. now owns 16,155 shares of the exchange traded fund’s stock worth $7,173,000 after acquiring an additional 1,993 shares during the period. Socha Financial Group LLC raised its stake in shares of Invesco QQQ by 2.4% during the 3rd quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock worth $44,732,000 after purchasing an additional 2,171 shares during the period. Archer Investment Corp boosted its holdings in shares of Invesco QQQ by 10.2% in the 3rd quarter. Archer Investment Corp now owns 43,603 shares of the exchange traded fund’s stock worth $21,281,000 after buying an additional 4,025 shares during the last quarter. Bank Hapoalim BM boosted its holdings in shares of Invesco QQQ by 5.5% in the 3rd quarter. Bank Hapoalim BM now owns 121,397 shares of the exchange traded fund’s stock worth $59,250,000 after buying an additional 6,347 shares during the last quarter. Finally, Arrow Financial Corp grew its position in Invesco QQQ by 7.2% during the third quarter. Arrow Financial Corp now owns 141,366 shares of the exchange traded fund’s stock valued at $68,997,000 after buying an additional 9,516 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Up 0.2 %

Shares of QQQ stock opened at $505.79 on Friday. Invesco QQQ has a 52 week low of $382.66 and a 52 week high of $515.58. The firm’s 50-day simple moving average is $493.08 and its two-hundred day simple moving average is $476.67.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 23rd were issued a $0.677 dividend. The ex-dividend date was Monday, September 23rd. This represents a $2.71 dividend on an annualized basis and a dividend yield of 0.54%.

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.