Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. boosted its holdings in Invesco QQQ (NASDAQ:QQQ) by 2.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,841 shares of the exchange traded fund’s stock after acquiring an additional 178 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in Invesco QQQ were worth $4,520,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in QQQ. Advisors Management Group Inc. ADV lifted its stake in shares of Invesco QQQ by 11.3% in the 4th quarter. Advisors Management Group Inc. ADV now owns 6,472 shares of the exchange traded fund’s stock worth $3,309,000 after acquiring an additional 657 shares during the period. CHURCHILL MANAGEMENT Corp raised its holdings in Invesco QQQ by 0.8% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock worth $940,676,000 after purchasing an additional 13,772 shares in the last quarter. Rockingstone Advisors LLC lifted its position in Invesco QQQ by 11.0% in the fourth quarter. Rockingstone Advisors LLC now owns 1,815 shares of the exchange traded fund’s stock worth $928,000 after purchasing an additional 180 shares during the period. Wolff Wiese Magana LLC boosted its stake in Invesco QQQ by 4.1% during the 4th quarter. Wolff Wiese Magana LLC now owns 2,168 shares of the exchange traded fund’s stock valued at $1,108,000 after purchasing an additional 86 shares in the last quarter. Finally, CPR Investments Inc. increased its position in shares of Invesco QQQ by 323.9% during the 4th quarter. CPR Investments Inc. now owns 7,108 shares of the exchange traded fund’s stock valued at $3,634,000 after purchasing an additional 5,431 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

QQQ opened at $516.67 on Thursday. The stock’s fifty day moving average is $515.57 and its 200-day moving average is $491.47. Invesco QQQ has a one year low of $402.92 and a one year high of $539.15.

Invesco QQQ Announces Dividend

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

About Invesco QQQ

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.