Invesco QQQ (NASDAQ:QQQ) Stock Holdings Lifted by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,841 shares of the exchange traded fund’s stock after acquiring an additional 178 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in Invesco QQQ were worth $4,520,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Bradley Foster & Sargent Inc. CT raised its holdings in shares of Invesco QQQ by 4.4% during the second quarter. Bradley Foster & Sargent Inc. CT now owns 17,390 shares of the exchange traded fund’s stock valued at $8,332,000 after acquiring an additional 728 shares during the period. Wealth Alliance raised its stake in Invesco QQQ by 2.8% during the 2nd quarter. Wealth Alliance now owns 1,324 shares of the exchange traded fund’s stock valued at $634,000 after purchasing an additional 36 shares during the period. Purus Wealth Management LLC lifted its holdings in shares of Invesco QQQ by 9.6% in the second quarter. Purus Wealth Management LLC now owns 8,575 shares of the exchange traded fund’s stock valued at $4,108,000 after purchasing an additional 748 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Invesco QQQ by 9.2% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,491 shares of the exchange traded fund’s stock valued at $714,000 after purchasing an additional 125 shares in the last quarter. Finally, Blair William & Co. IL boosted its position in shares of Invesco QQQ by 6.3% in the second quarter. Blair William & Co. IL now owns 225,762 shares of the exchange traded fund’s stock worth $108,165,000 after buying an additional 13,465 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $516.67 on Thursday. The business’s fifty day moving average price is $515.57 and its 200 day moving average price is $491.47. Invesco QQQ has a 1-year low of $402.92 and a 1-year high of $539.15.

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.

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.