Curran Financial Partners LLC Has $445,000 Holdings in Invesco QQQ (NASDAQ:QQQ)

Curran Financial Partners LLC lifted its holdings in Invesco QQQ (NASDAQ:QQQ) by 11.9% in the 4th quarter, Holdings Channel reports. The firm owned 1,046 shares of the exchange traded fund’s stock after buying an additional 111 shares during the quarter. Curran Financial Partners LLC’s holdings in Invesco QQQ were worth $445,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Red Tortoise LLC increased its holdings in shares of Invesco QQQ by 370.0% during the 4th quarter. Red Tortoise LLC now owns 94 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 74 shares during the period. Friedenthal Financial bought a new position in shares of Invesco QQQ during the 4th quarter worth about $41,000. Bear Mountain Capital Inc. bought a new position in shares of Invesco QQQ during the 4th quarter worth about $42,000. Core Wealth Advisors Inc. increased its holdings in shares of Invesco QQQ by 33.3% during the 3rd quarter. Core Wealth Advisors Inc. now owns 120 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 30 shares during the period. Finally, Russell Investments Group Ltd. bought a new position in shares of Invesco QQQ during the 2nd quarter worth about $44,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ traded up $2.25 on Thursday, hitting $428.09. 17,148,812 shares of the company were exchanged, compared to its average volume of 45,206,734. The company’s 50 day moving average price is $438.24 and its two-hundred day moving average price is $407.40. Invesco QQQ has a one year low of $309.89 and a one year high of $449.34.

Invesco QQQ Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th will be paid a $0.5735 dividend. The ex-dividend date is Monday, March 18th. This represents a $2.29 dividend on an annualized basis and a yield of 0.54%.

Invesco QQQ Company 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.