Godsey & Gibb Inc. Acquires 26 Shares of Invesco QQQ (NASDAQ:QQQ)

Godsey & Gibb Inc. grew its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 1.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,720 shares of the exchange traded fund’s stock after purchasing an additional 26 shares during the period. Godsey & Gibb Inc.’s holdings in Invesco QQQ were worth $879,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Armstrong Advisory Group Inc. raised its stake in shares of Invesco QQQ by 2.1% during the 4th quarter. Armstrong Advisory Group Inc. now owns 8,841 shares of the exchange traded fund’s stock worth $4,520,000 after purchasing an additional 178 shares during the period. Advisors Management Group Inc. ADV increased its holdings in Invesco QQQ by 11.3% during the fourth quarter. Advisors Management Group Inc. ADV now owns 6,472 shares of the exchange traded fund’s stock worth $3,309,000 after buying an additional 657 shares during the last quarter. CHURCHILL MANAGEMENT Corp raised its position 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 worth $940,676,000 after acquiring an additional 13,772 shares during the period. Rockingstone Advisors LLC boosted its stake in Invesco QQQ by 11.0% in the fourth quarter. Rockingstone Advisors LLC now owns 1,815 shares of the exchange traded fund’s stock valued at $928,000 after acquiring an additional 180 shares during the last quarter. Finally, Wolff Wiese Magana LLC grew its position in shares of Invesco QQQ by 4.1% during the 4th quarter. Wolff Wiese Magana LLC now owns 2,168 shares of the exchange traded fund’s stock valued at $1,108,000 after acquiring an additional 86 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ opened at $516.67 on Thursday. The stock has a fifty day simple moving average of $515.57 and a two-hundred day simple moving average of $491.47. Invesco QQQ has a 1-year low of $402.92 and a 1-year high of $539.15.

Invesco QQQ Announces Dividend

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

Invesco QQQ Company 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.