Invesco QQQ (NASDAQ:QQQ) Holdings Raised by Mission Hills Financial Advisory LLC

Mission Hills Financial Advisory LLC boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 11.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,743 shares of the exchange traded fund’s stock after acquiring an additional 1,727 shares during the period. Invesco QQQ comprises 6.6% of Mission Hills Financial Advisory LLC’s portfolio, making the stock its 4th largest holding. Mission Hills Financial Advisory LLC’s holdings in Invesco QQQ were worth $8,559,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Personalized Indexing Management LLC raised its position in shares of Invesco QQQ by 9.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 1,491 shares of the exchange traded fund’s stock valued at $714,000 after purchasing an additional 125 shares in the last quarter. Benjamin Edwards Inc. boosted its stake in Invesco QQQ by 10.3% during the 2nd quarter. Benjamin Edwards Inc. now owns 740 shares of the exchange traded fund’s stock valued at $355,000 after acquiring an additional 69 shares during the last quarter. Bridges Investment Management Inc. acquired a new position in Invesco QQQ during the 2nd quarter worth $388,000. King Luther Capital Management Corp increased its position in shares of Invesco QQQ by 2.1% in the 2nd quarter. King Luther Capital Management Corp now owns 8,372 shares of the exchange traded fund’s stock worth $4,011,000 after purchasing an additional 172 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in shares of Invesco QQQ by 101.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 208,255 shares of the exchange traded fund’s stock valued at $99,778,000 after purchasing an additional 104,797 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.7 %

NASDAQ:QQQ opened at $521.74 on Monday. Invesco QQQ has a one year low of $409.16 and a one year high of $539.15. The stock has a 50-day simple moving average of $515.94 and a 200 day simple moving average of $492.11.

Invesco QQQ Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.8347 dividend. The ex-dividend date was Monday, December 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.