Advyzon Investment Management LLC Takes Position in Invesco QQQ (NASDAQ:QQQ)

Advyzon Investment Management LLC bought a new stake in shares of Invesco QQQ (NASDAQ:QQQ) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,173 shares of the exchange traded fund’s stock, valued at approximately $2,645,000. Invesco QQQ makes up approximately 1.0% of Advyzon Investment Management LLC’s holdings, making the stock its 19th biggest holding.

Several other hedge funds have also recently made changes to their positions in the business. Mcdaniel Terry & Co. purchased a new stake in shares of Invesco QQQ during the 4th quarter valued at about $207,000. WealthBridge Capital Management LLC raised its position in shares of Invesco QQQ by 8.2% during the 4th quarter. WealthBridge Capital Management LLC now owns 24,004 shares of the exchange traded fund’s stock valued at $12,272,000 after buying an additional 1,824 shares in the last quarter. Freedom Day Solutions LLC purchased a new stake in Invesco QQQ in the 4th quarter worth about $430,000. SNS Financial Group LLC raised its position in Invesco QQQ by 1.7% in the 4th quarter. SNS Financial Group LLC now owns 5,364 shares of the exchange traded fund’s stock worth $2,742,000 after purchasing an additional 88 shares during the period. Finally, Private Wealth Partners LLC lifted its stake in Invesco QQQ by 4.1% in the fourth quarter. Private Wealth Partners LLC now owns 38,227 shares of the exchange traded fund’s stock worth $19,543,000 after purchasing an additional 1,502 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Up 0.0 %

QQQ opened at $539.52 on Thursday. The stock’s 50 day moving average price is $523.26 and its 200-day moving average price is $499.81. Invesco QQQ has a one year low of $413.07 and a one year high of $540.81.

Invesco QQQ Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given 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.