Consolidated Planning Corp Has $4.84 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Consolidated Planning Corp lessened its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 45.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 11,807 shares of the exchange traded fund’s stock after selling 10,033 shares during the period. Consolidated Planning Corp’s holdings in Invesco QQQ were worth $4,835,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. International Assets Investment Management LLC raised its holdings in Invesco QQQ by 40,957.3% in the 4th quarter. International Assets Investment Management LLC now owns 28,332,433 shares of the exchange traded fund’s stock valued at $11,602,698,000 after acquiring an additional 28,263,426 shares in the last quarter. Comerica Bank acquired a new position in Invesco QQQ in the 3rd quarter valued at approximately $140,657,000. Granite Bay Wealth Management LLC raised its holdings in Invesco QQQ by 47.1% in the 4th quarter. Granite Bay Wealth Management LLC now owns 1,183,279 shares of the exchange traded fund’s stock valued at $451,075,000 after acquiring an additional 378,922 shares in the last quarter. CHURCHILL MANAGEMENT Corp raised its holdings in Invesco QQQ by 36.3% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,413,069 shares of the exchange traded fund’s stock valued at $578,680,000 after acquiring an additional 376,661 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in shares of Invesco QQQ by 77.2% in the 4th quarter. Cerity Partners LLC now owns 842,894 shares of the exchange traded fund’s stock valued at $345,182,000 after purchasing an additional 367,317 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.5 %

Shares of QQQ stock traded up $6.55 during trading hours on Friday, hitting $431.00. The company had a trading volume of 41,874,907 shares, compared to its average volume of 47,550,872. Invesco QQQ has a 12 month low of $315.05 and a 12 month high of $449.34. The firm’s fifty day moving average is $436.88 and its 200 day moving average is $410.11.

Invesco QQQ Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th will be given a dividend of $0.5735 per share. The ex-dividend date is Monday, March 18th. This represents a $2.29 dividend on an annualized basis and a yield of 0.53%.

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.