GoalVest Advisory LLC Has $193,000 Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

GoalVest Advisory LLC lessened its stake in Invesco QQQ (NASDAQ:QQQ) by 18.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 396 shares of the exchange traded fund’s stock after selling 91 shares during the quarter. GoalVest Advisory LLC’s holdings in Invesco QQQ were worth $193,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Northeast Investment Management grew its position in shares of Invesco QQQ by 0.6% during the 3rd quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock worth $1,697,000 after buying an additional 20 shares during the period. Planning Capital Management Corp grew its position in shares of Invesco QQQ by 7.1% during the 3rd quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock worth $146,000 after buying an additional 20 shares during the period. Prospect Financial Services LLC grew its position in shares of Invesco QQQ by 0.3% during the 2nd quarter. Prospect Financial Services LLC now owns 6,385 shares of the exchange traded fund’s stock worth $3,059,000 after buying an additional 21 shares during the period. Skyline Advisors Inc. grew its position in shares of Invesco QQQ by 5.0% during the 3rd quarter. Skyline Advisors Inc. now owns 441 shares of the exchange traded fund’s stock worth $215,000 after buying an additional 21 shares during the period. Finally, Madden Advisory Services Inc. grew its position in shares of Invesco QQQ by 0.9% during the 3rd quarter. Madden Advisory Services Inc. now owns 2,487 shares of the exchange traded fund’s stock worth $1,214,000 after buying an additional 21 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 2.4 %

Shares of NASDAQ:QQQ opened at $496.57 on Friday. Invesco QQQ has a one year low of $382.66 and a one year high of $515.58. The company has a 50 day moving average of $489.33 and a 200-day moving average of $474.46.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 23rd were paid a dividend of $0.677 per share. This represents a $2.71 annualized dividend and a yield of 0.55%. The ex-dividend date was Monday, September 23rd.

Invesco QQQ Company 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.