William Howard & Co Financial Advisors Inc Grows Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

William Howard & Co Financial Advisors Inc increased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 16.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,806 shares of the exchange traded fund’s stock after purchasing an additional 253 shares during the quarter. Invesco QQQ accounts for 0.8% of William Howard & Co Financial Advisors Inc’s investment portfolio, making the stock its 22nd biggest holding. William Howard & Co Financial Advisors Inc’s holdings in Invesco QQQ were worth $882,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Pursue Wealth Partners LLC grew its holdings in Invesco QQQ by 94.9% during the 3rd quarter. Pursue Wealth Partners LLC now owns 7,531 shares of the exchange traded fund’s stock valued at $3,676,000 after buying an additional 3,667 shares during the last quarter. Principal Securities Inc. boosted its holdings in shares of Invesco QQQ by 2.1% during the third quarter. Principal Securities Inc. now owns 42,708 shares of the exchange traded fund’s stock worth $20,845,000 after purchasing an additional 890 shares during the last quarter. Stephens Inc. AR increased its position in Invesco QQQ by 5.0% during the third quarter. Stephens Inc. AR now owns 266,247 shares of the exchange traded fund’s stock worth $129,947,000 after purchasing an additional 12,738 shares during the last quarter. Pacific Wealth Strategies Group Inc. boosted its holdings in Invesco QQQ by 10.0% in the third quarter. Pacific Wealth Strategies Group Inc. now owns 21,443 shares of the exchange traded fund’s stock valued at $10,466,000 after acquiring an additional 1,954 shares during the last quarter. Finally, Palumbo Wealth Management LLC grew its position in Invesco QQQ by 0.3% during the third quarter. Palumbo Wealth Management LLC now owns 10,705 shares of the exchange traded fund’s stock valued at $5,225,000 after acquiring an additional 33 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.8 %

QQQ traded up $4.01 on Friday, reaching $487.86. 4,564,693 shares of the company’s stock were exchanged, compared to its average volume of 38,499,777. The company’s 50 day moving average is $481.65 and its 200-day moving average is $468.15. Invesco QQQ has a twelve month low of $360.30 and a twelve month high of $503.52.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd were given a $0.677 dividend. This represents a $2.71 annualized dividend and a dividend yield of 0.56%. The ex-dividend date of this dividend was Monday, September 23rd.

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.