Capital Advisory Group Advisory Services LLC Cuts Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Capital Advisory Group Advisory Services LLC lowered its position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,843 shares of the exchange traded fund's stock after selling 1,356 shares during the quarter. Invesco QQQ makes up about 5.7% of Capital Advisory Group Advisory Services LLC's investment portfolio, making the stock its 2nd largest position. Capital Advisory Group Advisory Services LLC's holdings in Invesco QQQ were worth $15,768,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. International Assets Investment Management LLC lifted its stake in shares of Invesco QQQ by 46,491.6% in the 3rd quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund's stock valued at $15,904,322,000 after purchasing an additional 32,516,210 shares during the period. Toronto Dominion Bank grew its stake in shares of Invesco QQQ by 13.0% during the third quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund's stock worth $2,080,052,000 after purchasing an additional 488,815 shares during the period. Strategic Financial Concepts LLC increased its holdings in Invesco QQQ by 47,853.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund's stock valued at $2,103,184,000 after purchasing an additional 4,105,389 shares during the last quarter. CHURCHILL MANAGEMENT Corp lifted its stake in Invesco QQQ by 0.8% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund's stock valued at $940,676,000 after buying an additional 13,772 shares during the period. Finally, Stifel Financial Corp boosted its holdings in Invesco QQQ by 0.3% during the third quarter. Stifel Financial Corp now owns 871,333 shares of the exchange traded fund's stock worth $425,324,000 after buying an additional 2,572 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company's stock.

Invesco QQQ Stock Down 2.1 %

Invesco QQQ stock traded down $11.15 during midday trading on Friday, hitting $526.08. 46,971,894 shares of the stock were exchanged, compared to its average volume of 30,570,080. The company has a fifty day simple moving average of $523.48 and a two-hundred day simple moving average of $500.07. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $540.81.

Invesco QQQ Dividend Announcement

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

Invesco QQQ 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.