Invesco QQQ (NASDAQ:QQQ) Stock Holdings Raised by Advisory Services Network LLC

Advisory Services Network LLC grew its position in shares of Invesco QQQ (NASDAQ:QQQ) by 12.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 145,324 shares of the exchange traded fund’s stock after buying an additional 15,647 shares during the quarter. Invesco QQQ accounts for 1.5% of Advisory Services Network LLC’s portfolio, making the stock its 6th largest position. Advisory Services Network LLC’s holdings in Invesco QQQ were worth $59,513,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in QQQ. WealthPlan Investment Management LLC boosted its stake in shares of Invesco QQQ by 1,496.0% during the 3rd quarter. WealthPlan Investment Management LLC now owns 13,199 shares of the exchange traded fund’s stock worth $4,729,000 after acquiring an additional 12,372 shares during the last quarter. Forum Financial Management LP boosted its stake in shares of Invesco QQQ by 50.4% during the 3rd quarter. Forum Financial Management LP now owns 5,023 shares of the exchange traded fund’s stock worth $1,800,000 after purchasing an additional 1,683 shares during the period. My Personal CFO LLC boosted its stake in shares of Invesco QQQ by 4.1% during the 3rd quarter. My Personal CFO LLC now owns 15,131 shares of the exchange traded fund’s stock worth $5,421,000 after purchasing an additional 594 shares during the period. Aldebaran Financial Inc. boosted its position in Invesco QQQ by 5.3% in the 3rd quarter. Aldebaran Financial Inc. now owns 3,325 shares of the exchange traded fund’s stock valued at $1,191,000 after buying an additional 167 shares during the period. Finally, Capital Wealth Planning LLC purchased a new stake in Invesco QQQ in the 3rd quarter valued at about $5,163,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.9 %

Shares of NASDAQ QQQ traded up $4.29 during trading hours on Friday, hitting $457.95. 29,546,304 shares of the stock were exchanged, compared to its average volume of 43,553,500. The firm has a fifty day moving average price of $438.77 and a 200-day moving average price of $421.07. Invesco QQQ has a 12 month low of $336.67 and a 12 month high of $460.58.

Invesco QQQ Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th were paid a dividend of $0.5735 per share. The ex-dividend date was Monday, March 18th. This represents a $2.29 annualized dividend and a dividend yield of 0.50%.

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.