Mayfair Advisory Group LLC Has $387,000 Holdings in Invesco QQQ (NASDAQ:QQQ)

Mayfair Advisory Group LLC raised its stake in Invesco QQQ (NASDAQ:QQQ) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 758 shares of the exchange traded fund’s stock after acquiring an additional 21 shares during the period. Mayfair Advisory Group LLC’s holdings in Invesco QQQ were worth $387,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brown Brothers Harriman & Co. boosted its holdings in shares of Invesco QQQ by 23.5% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 14,557 shares of the exchange traded fund’s stock valued at $6,974,000 after purchasing an additional 2,768 shares in the last quarter. Moors & Cabot Inc. lifted its position in shares of Invesco QQQ by 5.2% during the 2nd quarter. Moors & Cabot Inc. now owns 22,618 shares of the exchange traded fund’s stock worth $10,837,000 after buying an additional 1,123 shares during the last quarter. Capstone Wealth Management Group LLC boosted its stake in Invesco QQQ by 2.2% in the second quarter. Capstone Wealth Management Group LLC now owns 13,393 shares of the exchange traded fund’s stock valued at $6,417,000 after buying an additional 286 shares in the last quarter. Madison Wealth Partners Inc grew its position in Invesco QQQ by 9.6% in the second quarter. Madison Wealth Partners Inc now owns 14,839 shares of the exchange traded fund’s stock valued at $7,110,000 after acquiring an additional 1,303 shares during the last quarter. Finally, EPIQ Capital Group LLC grew its position in Invesco QQQ by 1.1% in the second quarter. EPIQ Capital Group LLC now owns 5,139 shares of the exchange traded fund’s stock valued at $2,466,000 after acquiring an additional 54 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

QQQ stock opened at $505.08 on Wednesday. The firm has a 50-day moving average price of $515.57 and a 200-day moving average price of $491.47. Invesco QQQ has a 12 month low of $402.92 and a 12 month high of $539.15.

Invesco QQQ Announces Dividend

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