Capital Asset Advisory Services LLC Buys 514 Shares of Invesco QQQ (NASDAQ:QQQ)

Capital Asset Advisory Services LLC grew its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 7.6% in the fourth quarter, Holdings Channel reports. The fund owned 7,265 shares of the exchange traded fund’s stock after acquiring an additional 514 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in Invesco QQQ were worth $3,767,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC lifted its stake in shares of Invesco QQQ by 46,491.6% during the 3rd quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock valued at $15,904,322,000 after buying an additional 32,516,210 shares in the last quarter. Toronto Dominion Bank lifted its stake in shares of Invesco QQQ by 13.0% during the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after buying an additional 488,815 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco QQQ by 1.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,199,214 shares of the exchange traded fund’s stock valued at $1,532,904,000 after buying an additional 33,790 shares in the last quarter. CHURCHILL MANAGEMENT Corp lifted its stake in shares of Invesco QQQ by 0.8% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock valued at $940,676,000 after buying an additional 13,772 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of Invesco QQQ by 2.6% during the 2nd quarter. Cetera Investment Advisers now owns 1,644,645 shares of the exchange traded fund’s stock valued at $787,966,000 after buying an additional 41,318 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Down 0.6 %

NASDAQ QQQ opened at $529.63 on Monday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The company’s 50 day simple moving average is $517.86 and its two-hundred day simple moving average is $493.28.

Invesco QQQ Dividend Announcement

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