Creative Financial Designs Inc. ADV Boosts Stake in Invesco QQQ (NASDAQ:QQQ)

Creative Financial Designs Inc. ADV lifted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 6.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,514 shares of the exchange traded fund’s stock after acquiring an additional 1,106 shares during the quarter. Invesco QQQ accounts for approximately 0.8% of Creative Financial Designs Inc. ADV’s investment portfolio, making the stock its 28th biggest holding. Creative Financial Designs Inc. ADV’s holdings in Invesco QQQ were worth $9,465,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of QQQ. SOA Wealth Advisors LLC. boosted its stake in shares of Invesco QQQ by 0.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after acquiring an additional 46 shares in the last quarter. Pettinga Financial Advisors LLC lifted its stake in Invesco QQQ by 13.6% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund’s stock valued at $7,553,000 after buying an additional 1,854 shares in the last quarter. Mizuho Markets Americas LLC purchased a new position in Invesco QQQ in the 3rd quarter valued at about $3,131,000. Mill Creek Capital Advisors LLC lifted its stake in Invesco QQQ by 1.2% in the 3rd quarter. Mill Creek Capital Advisors LLC now owns 9,274 shares of the exchange traded fund’s stock valued at $4,526,000 after buying an additional 112 shares in the last quarter. Finally, Veery Capital LLC lifted its stake in Invesco QQQ by 1.8% in the 3rd quarter. Veery Capital LLC now owns 3,058 shares of the exchange traded fund’s stock valued at $1,492,000 after buying an additional 53 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Up 2.4 %

Shares of Invesco QQQ stock opened at $479.66 on Monday. The firm has a market capitalization of $302.59 billion, a PE ratio of 30.74 and a beta of 1.11. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $540.81. The firm’s 50-day moving average price is $514.89 and its 200 day moving average price is $504.08.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid 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.