Certified Advisory Corp Has $1.95 Million Stake in Invesco QQQ Trust (QQQ)

Certified Advisory Corp grew its stake in Invesco QQQ Trust (NASDAQ:QQQ) by 28.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,851 shares of the exchange traded fund’s stock after purchasing an additional 2,392 shares during the quarter. Invesco QQQ Trust comprises approximately 0.8% of Certified Advisory Corp’s holdings, making the stock its 27th largest holding. Certified Advisory Corp’s holdings in Invesco QQQ Trust were worth $1,949,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Farmers National Bank bought a new stake in shares of Invesco QQQ Trust in the 1st quarter valued at $28,000. Sontag Advisory LLC bought a new stake in shares of Invesco QQQ Trust in the 4th quarter valued at $46,000. Capital Financial Planning LLC bought a new stake in shares of Invesco QQQ Trust in the 4th quarter valued at $55,000. LS Investment Advisors LLC increased its position in shares of Invesco QQQ Trust by 25.0% in the 4th quarter. LS Investment Advisors LLC now owns 375 shares of the exchange traded fund’s stock valued at $58,000 after buying an additional 75 shares in the last quarter. Finally, St. Johns Investment Management Company LLC bought a new stake in shares of Invesco QQQ Trust in the 1st quarter valued at $61,000. 44.15% of the stock is currently owned by institutional investors.

QQQ opened at $183.04 on Monday. Invesco QQQ Trust has a 12 month low of $143.46 and a 12 month high of $191.32.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th were given a $0.3242 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date was Monday, March 18th.

COPYRIGHT VIOLATION WARNING: “Certified Advisory Corp Has $1.95 Million Stake in Invesco QQQ Trust (QQQ)” was posted by Baseball Daily News and is the property of of Baseball Daily News. If you are reading this news story on another website, it was copied illegally and republished in violation of U.S. and international trademark & copyright legislation. The legal version of this news story can be read at https://www.baseballdailydigest.com/news/2019/05/20/certified-advisory-corp-has-1-95-million-stake-in-invesco-qqq-trust-qqq.html.

Invesco QQQ Trust 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.

Read More: What is Liquidity?

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ Trust (NASDAQ:QQQ).

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

Receive News & Ratings for Invesco QQQ Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ Trust and related companies with MarketBeat.com's FREE daily email newsletter.