Guardian Asset Advisors LLC Has $1.09 Million Stock Position in Invesco QQQ (NASDAQ:QQQ)

Guardian Asset Advisors LLC raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,125 shares of the exchange traded fund’s stock after purchasing an additional 69 shares during the period. Guardian Asset Advisors LLC’s holdings in Invesco QQQ were worth $1,087,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of QQQ. SOA Wealth Advisors LLC. raised its position in shares of Invesco QQQ by 0.3% during the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after purchasing an additional 46 shares during the period. Hutchens & Kramer Investment Management Group LLC raised its holdings in Invesco QQQ by 2.4% during the 3rd quarter. Hutchens & Kramer Investment Management Group LLC now owns 3,678 shares of the exchange traded fund’s stock worth $1,770,000 after buying an additional 86 shares during the period. Prospect Financial Services LLC raised its holdings in Invesco QQQ by 50.6% during the 3rd quarter. Prospect Financial Services LLC now owns 9,615 shares of the exchange traded fund’s stock worth $4,693,000 after buying an additional 3,230 shares during the period. Client First Capital LLC lifted its stake in Invesco QQQ by 0.6% in the third quarter. Client First Capital LLC now owns 61,099 shares of the exchange traded fund’s stock valued at $29,821,000 after buying an additional 340 shares in the last quarter. Finally, PFG Advisors boosted its holdings in shares of Invesco QQQ by 3.6% in the third quarter. PFG Advisors now owns 83,721 shares of the exchange traded fund’s stock valued at $40,862,000 after buying an additional 2,879 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

QQQ opened at $528.30 on Thursday. The business’s 50-day moving average price is $521.86 and its two-hundred day moving average price is $497.08. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15.

Invesco QQQ Announces Dividend

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

Invesco QQQ 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.