Creative Financial Designs Inc. ADV Has $4.14 Million Position in Invesco QQQ Trust (NASDAQ:QQQ)

Creative Financial Designs Inc. ADV grew its stake in Invesco QQQ Trust (NASDAQ:QQQ) by 11.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,501 shares of the exchange traded fund’s stock after acquiring an additional 2,265 shares during the period. Invesco QQQ Trust accounts for about 2.2% of Creative Financial Designs Inc. ADV’s investment portfolio, making the stock its 10th biggest position. Creative Financial Designs Inc. ADV’s holdings in Invesco QQQ Trust were worth $4,141,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Murphy Middleton Hinkle & Parker Inc. boosted its holdings in Invesco QQQ Trust by 1.8% during the second quarter. Murphy Middleton Hinkle & Parker Inc. now owns 2,872 shares of the exchange traded fund’s stock worth $536,000 after purchasing an additional 52 shares during the last quarter. Hartford Financial Management Inc. boosted its holdings in Invesco QQQ Trust by 4.5% during the second quarter. Hartford Financial Management Inc. now owns 1,235 shares of the exchange traded fund’s stock worth $231,000 after purchasing an additional 53 shares during the last quarter. Sigma Investment Counselors Inc. boosted its holdings in Invesco QQQ Trust by 1.1% during the third quarter. Sigma Investment Counselors Inc. now owns 5,047 shares of the exchange traded fund’s stock worth $953,000 after purchasing an additional 54 shares during the last quarter. 9258 Wealth Management LLC boosted its holdings in Invesco QQQ Trust by 1.8% during the second quarter. 9258 Wealth Management LLC now owns 3,300 shares of the exchange traded fund’s stock worth $616,000 after purchasing an additional 57 shares during the last quarter. Finally, Gradient Investments LLC boosted its holdings in Invesco QQQ Trust by 8.3% during the third quarter. Gradient Investments LLC now owns 757 shares of the exchange traded fund’s stock worth $143,000 after purchasing an additional 58 shares during the last quarter. 46.87% of the stock is owned by institutional investors.

QQQ traded up $0.83 during trading hours on Thursday, hitting $193.05. 468,559 shares of the company’s stock were exchanged, compared to its average volume of 28,696,874. Invesco QQQ Trust has a 1-year low of $143.46 and a 1-year high of $195.55. The stock’s 50-day moving average is $190.22 and its two-hundred day moving average is $187.25.

The firm also recently announced a — dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, September 24th will be issued a dividend of $0.3842 per share. This represents a yield of 0.8%. The ex-dividend date of this dividend is Monday, September 23rd.

Invesco QQQ Trust 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.

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Institutional Ownership by Quarter for Invesco QQQ Trust (NASDAQ:QQQ)

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