Financial Guidance Group Inc. Has $13.80 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Financial Guidance Group Inc. boosted its holdings in Invesco QQQ (NASDAQ:QQQ) by 3.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,996 shares of the exchange traded fund’s stock after buying an additional 925 shares during the quarter. Invesco QQQ makes up 7.6% of Financial Guidance Group Inc.’s holdings, making the stock its 2nd biggest holding. Financial Guidance Group Inc.’s holdings in Invesco QQQ were worth $13,801,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Hoese & Co LLP boosted its holdings in shares of Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares in the last quarter. Legacy Bridge LLC increased its holdings in Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 45 shares in the last quarter. BNP Paribas bought a new position in Invesco QQQ in the third quarter valued at about $62,000. Brooklyn Investment Group acquired a new stake in shares of Invesco QQQ during the fourth quarter valued at about $69,000. Finally, Ritter Daniher Financial Advisory LLC DE grew its holdings in shares of Invesco QQQ by 75.9% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 63 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.1 %

Invesco QQQ stock opened at $528.30 on Thursday. The business has a 50 day moving average of $521.86 and a 200-day moving average of $497.08. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15.

Invesco QQQ Announces Dividend

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