Invesco QQQ (NASDAQ:QQQ) is Guardian Wealth Advisors LLC’s 6th Largest Position

Guardian Wealth Advisors LLC decreased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 1.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,937 shares of the exchange traded fund’s stock after selling 321 shares during the quarter. Invesco QQQ makes up 5.5% of Guardian Wealth Advisors LLC’s investment portfolio, making the stock its 6th biggest holding. Guardian Wealth Advisors LLC’s holdings in Invesco QQQ were worth $8,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. O Connor Financial Group LLC grew its stake in Invesco QQQ by 6.2% during the 3rd quarter. O Connor Financial Group LLC now owns 17,065 shares of the exchange traded fund’s stock worth $8,329,000 after buying an additional 1,000 shares during the last quarter. Marcum Wealth LLC increased its stake in shares of Invesco QQQ by 1.7% during the third quarter. Marcum Wealth LLC now owns 18,961 shares of the exchange traded fund’s stock worth $9,254,000 after acquiring an additional 308 shares during the period. Wedmont Private Capital raised its stake in shares of Invesco QQQ by 0.7% during the 3rd quarter. Wedmont Private Capital now owns 18,848 shares of the exchange traded fund’s stock worth $9,087,000 after buying an additional 140 shares in the last quarter. Sanibel Captiva Trust Company Inc. lifted its holdings in Invesco QQQ by 11.2% in the third quarter. Sanibel Captiva Trust Company Inc. now owns 5,483 shares of the exchange traded fund’s stock valued at $2,676,000 after acquiring an additional 553 shares during the period. Finally, Patten Group Inc. boosted its position in shares of Invesco QQQ by 3.3% during the 3rd quarter. Patten Group Inc. now owns 1,539 shares of the exchange traded fund’s stock worth $751,000 after purchasing an additional 49 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

QQQ stock opened at $529.60 on Friday. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15. The company’s 50-day moving average price is $520.51 and its 200 day moving average price is $495.05.

Invesco QQQ Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.8347 per share. 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.