SFG Wealth Management LLC. Acquires 147 Shares of Invesco QQQ (NASDAQ:QQQ)

SFG Wealth Management LLC. lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 9.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,732 shares of the exchange traded fund’s stock after buying an additional 147 shares during the period. SFG Wealth Management LLC.’s holdings in Invesco QQQ were worth $885,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Vanguard Personalized Indexing Management LLC grew its stake in shares of Invesco QQQ by 9.2% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,491 shares of the exchange traded fund’s stock worth $714,000 after purchasing an additional 125 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its position in shares of Invesco QQQ by 35.1% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,081 shares of the exchange traded fund’s stock worth $1,476,000 after acquiring an additional 801 shares in the last quarter. 1832 Asset Management L.P. lifted its stake in shares of Invesco QQQ by 1.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 2,448 shares of the exchange traded fund’s stock valued at $1,173,000 after purchasing an additional 25 shares during the period. Commonwealth Financial Services LLC boosted its position in shares of Invesco QQQ by 16.7% during the 2nd quarter. Commonwealth Financial Services LLC now owns 54,374 shares of the exchange traded fund’s stock valued at $27,043,000 after purchasing an additional 7,795 shares in the last quarter. Finally, Certified Advisory Corp grew its stake in Invesco QQQ by 5.6% during the second quarter. Certified Advisory Corp now owns 51,550 shares of the exchange traded fund’s stock worth $24,698,000 after purchasing an additional 2,718 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

Shares of QQQ opened at $521.74 on Tuesday. Invesco QQQ has a 52-week low of $409.16 and a 52-week high of $539.15. The business’s 50 day moving average price is $515.94 and its two-hundred day moving average price is $492.12.

Invesco QQQ Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given 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.