Invesco QQQ (NASDAQ:QQQ) Shares Bought by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV raised its holdings in Invesco QQQ (NASDAQ:QQQ) by 6.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,514 shares of the exchange traded fund’s stock after acquiring an additional 1,106 shares during the period. Invesco QQQ makes up approximately 0.8% of Creative Financial Designs Inc. ADV’s investment portfolio, making the stock its 28th largest position. Creative Financial Designs Inc. ADV’s holdings in Invesco QQQ were worth $9,465,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of QQQ. Stephens Consulting LLC boosted its holdings in Invesco QQQ by 0.4% during the fourth quarter. Stephens Consulting LLC now owns 5,416 shares of the exchange traded fund’s stock worth $2,769,000 after buying an additional 19 shares in the last quarter. Cardinal Point Capital Management ULC lifted its holdings in shares of Invesco QQQ by 0.5% in the fourth quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock valued at $1,995,000 after purchasing an additional 20 shares in the last quarter. Hoese & Co LLP lifted its holdings in shares of Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares in the last quarter. Farmers & Merchants Investments Inc. lifted its holdings in shares of Invesco QQQ by 1.9% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 1,093 shares of the exchange traded fund’s stock valued at $559,000 after purchasing an additional 20 shares in the last quarter. Finally, RAM Investment Partners LLC lifted its holdings in shares of Invesco QQQ by 1.7% in the fourth quarter. RAM Investment Partners LLC now owns 1,167 shares of the exchange traded fund’s stock valued at $597,000 after purchasing an additional 20 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ opened at $479.66 on Monday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $540.81. The company has a market capitalization of $302.59 billion, a PE ratio of 30.74 and a beta of 1.11. The firm’s 50-day moving average is $514.89 and its two-hundred day moving average is $504.08.

Invesco QQQ Dividend Announcement

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