Invesco QQQ (NASDAQ:QQQ) Stock Holdings Lifted by Sigma Planning Corp

Sigma Planning Corp raised its position in shares of Invesco QQQ (NASDAQ:QQQ) by 380.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,533 shares of the exchange traded fund’s stock after purchasing an additional 109,702 shares during the period. Invesco QQQ accounts for about 2.2% of Sigma Planning Corp’s investment portfolio, making the stock its 5th largest position. Sigma Planning Corp’s holdings in Invesco QQQ were worth $70,822,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QQQ. SOA Wealth Advisors LLC. lifted its stake in shares of Invesco QQQ by 0.3% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock valued at $8,477,000 after purchasing an additional 46 shares during the last quarter. Beese Fulmer Investment Management Inc. lifted its stake in shares of Invesco QQQ by 6.7% in the 3rd quarter. Beese Fulmer Investment Management Inc. now owns 993 shares of the exchange traded fund’s stock valued at $485,000 after purchasing an additional 62 shares during the last quarter. Greystone Financial Group LLC lifted its stake in shares of Invesco QQQ by 81.9% in the 3rd quarter. Greystone Financial Group LLC now owns 5,271 shares of the exchange traded fund’s stock valued at $2,572,000 after purchasing an additional 2,374 shares during the last quarter. Asset Planning Services Inc. LA ADV lifted its stake in shares of Invesco QQQ by 8.1% in the 3rd quarter. Asset Planning Services Inc. LA ADV now owns 922 shares of the exchange traded fund’s stock valued at $450,000 after purchasing an additional 69 shares during the last quarter. Finally, Grimes & Company Inc. lifted its stake in shares of Invesco QQQ by 2.2% in the 3rd quarter. Grimes & Company Inc. now owns 6,340 shares of the exchange traded fund’s stock valued at $3,094,000 after purchasing an additional 139 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Down 2.1 %

QQQ stock opened at $526.08 on Friday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $540.81. The company has a fifty day simple moving average of $523.39 and a 200 day simple moving average of $500.70.

Invesco QQQ Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.8347 dividend. The ex-dividend date of this dividend was Monday, December 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.