Guardian Asset Advisors LLC Has $1.09 Million Holdings in Invesco QQQ (NASDAQ:QQQ)

Guardian Asset Advisors LLC lifted its position in Invesco QQQ (NASDAQ:QQQ) by 3.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,125 shares of the exchange traded fund’s stock after purchasing an additional 69 shares during the quarter. Guardian Asset Advisors LLC’s holdings in Invesco QQQ were worth $1,087,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hoese & Co LLP raised its stake in shares of Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 20 shares in the last quarter. Legacy Bridge LLC increased its stake in Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares during the period. BNP Paribas acquired a new position in Invesco QQQ in the third quarter worth about $62,000. Brooklyn Investment Group bought a new position in Invesco QQQ during the fourth quarter worth about $69,000. Finally, Pacifica Partners Inc. acquired a new stake in Invesco QQQ during the fourth quarter valued at approximately $73,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Up 0.1 %

QQQ stock opened at $528.30 on Thursday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15. The business’s 50 day moving average is $521.86 and its 200-day moving average is $497.08.

Invesco QQQ Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.8347 dividend. The ex-dividend date was Monday, December 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.