Invesco QQQ $QQQ is Csenge Advisory Group’s 5th Largest Position

Csenge Advisory Group reduced its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 5.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 127,797 shares of the exchange traded fund’s stock after selling 7,513 shares during the period. Invesco QQQ makes up about 3.7% of Csenge Advisory Group’s investment portfolio, making the stock its 5th biggest holding. Csenge Advisory Group’s holdings in Invesco QQQ were worth $76,726,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of QQQ. Fifth Third Securities Inc. grew its holdings in Invesco QQQ by 2.6% during the 3rd quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock valued at $65,959,000 after purchasing an additional 2,822 shares in the last quarter. SK Wealth Management LLC acquired a new position in Invesco QQQ in the 3rd quarter worth $803,000. BCGM Wealth Management LLC boosted its position in Invesco QQQ by 13.6% in the 2nd quarter. BCGM Wealth Management LLC now owns 25,597 shares of the exchange traded fund’s stock valued at $14,120,000 after buying an additional 3,066 shares during the last quarter. Prospect Financial Services LLC boosted its position in Invesco QQQ by 9.1% in the 2nd quarter. Prospect Financial Services LLC now owns 11,765 shares of the exchange traded fund’s stock valued at $6,490,000 after buying an additional 986 shares during the last quarter. Finally, Wisconsin Wealth Advisors LLC grew its stake in shares of Invesco QQQ by 21.2% during the second quarter. Wisconsin Wealth Advisors LLC now owns 6,747 shares of the exchange traded fund’s stock valued at $3,722,000 after acquiring an additional 1,179 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ News Roundup

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Stock Down 0.1%

Shares of NASDAQ QQQ opened at $621.26 on Friday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The stock’s 50-day simple moving average is $616.40 and its 200-day simple moving average is $595.42.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were given a $0.7941 dividend. This represents a $3.18 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.69.

About Invesco QQQ

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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