Sound View Wealth Advisors Group LLC Acquires 133 Shares of Invesco QQQ (NASDAQ:QQQ)

Sound View Wealth Advisors Group LLC lifted its holdings in Invesco QQQ (NASDAQ:QQQ) by 0.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,919 shares of the exchange traded fund’s stock after purchasing an additional 133 shares during the quarter. Invesco QQQ accounts for approximately 1.3% of Sound View Wealth Advisors Group LLC’s investment portfolio, making the stock its 19th biggest holding. Sound View Wealth Advisors Group LLC’s holdings in Invesco QQQ were worth $15,807,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Proficio Capital Partners LLC increased its holdings in shares of Invesco QQQ by 51,292.3% in the fourth quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund’s stock valued at $5,879,434,000 after purchasing an additional 11,478,188 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of Invesco QQQ by 47,853.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock valued at $2,103,184,000 after purchasing an additional 4,105,389 shares during the last quarter. Artemis Wealth Advisors LLC increased its holdings in shares of Invesco QQQ by 1,337.4% in the fourth quarter. Artemis Wealth Advisors LLC now owns 828,335 shares of the exchange traded fund’s stock valued at $423,470,000 after purchasing an additional 895,277 shares during the last quarter. Toronto Dominion Bank increased its holdings in shares of Invesco QQQ by 13.0% in the third quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after purchasing an additional 488,815 shares during the last quarter. Finally, Cibc World Market Inc. increased its holdings in shares of Invesco QQQ by 90.0% in the fourth quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock valued at $350,764,000 after purchasing an additional 324,948 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $491.79 on Friday. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $540.81. The firm has a market cap of $309.95 billion, a price-to-earnings ratio of 33.43 and a beta of 1.11. The firm’s 50-day simple moving average is $518.84 and its 200 day simple moving average is $503.99.

Invesco QQQ Dividend Announcement

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

Invesco QQQ 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.