CFS Investment Advisory Services LLC Purchases 52 Shares of Invesco QQQ (NASDAQ:QQQ)

CFS Investment Advisory Services LLC raised its position in shares of Invesco QQQ (NASDAQ:QQQ) by 1.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,003 shares of the exchange traded fund’s stock after buying an additional 52 shares during the quarter. CFS Investment Advisory Services LLC’s holdings in Invesco QQQ were worth $2,046,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AQR Capital Management LLC increased its holdings in shares of Invesco QQQ by 332.0% during the second quarter. AQR Capital Management LLC now owns 12,041 shares of the exchange traded fund’s stock valued at $5,769,000 after acquiring an additional 9,254 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in Invesco QQQ by 28.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 70,490 shares of the exchange traded fund’s stock valued at $33,772,000 after purchasing an additional 15,648 shares in the last quarter. Scientech Research LLC purchased a new position in Invesco QQQ in the second quarter worth about $1,086,000. Beaird Harris Wealth Management LLC lifted its stake in shares of Invesco QQQ by 15.0% in the second quarter. Beaird Harris Wealth Management LLC now owns 859 shares of the exchange traded fund’s stock worth $412,000 after buying an additional 112 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group grew its holdings in shares of Invesco QQQ by 6,597.8% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 62,290 shares of the exchange traded fund’s stock valued at $29,844,000 after buying an additional 61,360 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $529.63 on Friday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15. The company has a 50 day moving average of $517.86 and a 200 day moving average of $493.31.

Invesco QQQ Dividend Announcement

The firm also recently announced 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.