Center for Financial Planning Inc. Increases Stock Position in Invesco QQQ (NASDAQ:QQQ)

Center for Financial Planning Inc. increased its position in Invesco QQQ (NASDAQ:QQQ) by 17.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,179 shares of the exchange traded fund’s stock after buying an additional 177 shares during the period. Center for Financial Planning Inc.’s holdings in Invesco QQQ were worth $603,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of QQQ. PUREfi Wealth LLC acquired a new position in Invesco QQQ during the fourth quarter worth approximately $222,000. Trademark Financial Management LLC increased its position in Invesco QQQ by 1.5% during the fourth quarter. Trademark Financial Management LLC now owns 15,319 shares of the exchange traded fund’s stock worth $7,832,000 after purchasing an additional 226 shares during the last quarter. Sage Advisors LLC increased its position in Invesco QQQ by 26.6% during the fourth quarter. Sage Advisors LLC now owns 3,262 shares of the exchange traded fund’s stock worth $1,668,000 after purchasing an additional 686 shares during the last quarter. DeDora Capital Inc. increased its position in Invesco QQQ by 1.0% during the fourth quarter. DeDora Capital Inc. now owns 9,761 shares of the exchange traded fund’s stock worth $4,990,000 after purchasing an additional 95 shares during the last quarter. Finally, Roman Butler Fullerton & Co. increased its position in Invesco QQQ by 101.3% during the fourth quarter. Roman Butler Fullerton & Co. now owns 8,436 shares of the exchange traded fund’s stock worth $4,338,000 after purchasing an additional 4,245 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.4 %

Shares of QQQ stock opened at $538.15 on Friday. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15. The company has a 50 day moving average price of $522.14 and a 200 day moving average price of $497.35.

Invesco QQQ Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.8347 per share. The ex-dividend date of this dividend 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.