Lloyd Advisory Services LLC. Makes New Investment in Invesco QQQ $QQQ

Lloyd Advisory Services LLC. bought a new stake in Invesco QQQ (NASDAQ:QQQFree Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,565 shares of the exchange traded fund’s stock, valued at approximately $1,540,000. Invesco QQQ comprises about 0.7% of Lloyd Advisory Services LLC.’s investment portfolio, making the stock its 29th biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Orgel Wealth Management LLC grew its holdings in Invesco QQQ by 4.7% during the 3rd quarter. Orgel Wealth Management LLC now owns 382 shares of the exchange traded fund’s stock worth $229,000 after acquiring an additional 17 shares during the period. Enclave Advisors LLC boosted its position in shares of Invesco QQQ by 0.9% in the 3rd quarter. Enclave Advisors LLC now owns 1,831 shares of the exchange traded fund’s stock worth $1,099,000 after purchasing an additional 17 shares during the last quarter. IFS Advisors LLC boosted its position in shares of Invesco QQQ by 4.1% in the 3rd quarter. IFS Advisors LLC now owns 431 shares of the exchange traded fund’s stock worth $259,000 after purchasing an additional 17 shares during the last quarter. Mezzasalma Advisors LLC grew its stake in shares of Invesco QQQ by 0.5% during the third quarter. Mezzasalma Advisors LLC now owns 3,312 shares of the exchange traded fund’s stock worth $1,988,000 after purchasing an additional 17 shares during the period. Finally, TCV Trust & Wealth Management Inc. increased its holdings in Invesco QQQ by 1.4% in the third quarter. TCV Trust & Wealth Management Inc. now owns 1,246 shares of the exchange traded fund’s stock valued at $748,000 after purchasing an additional 17 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

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Invesco QQQ Price Performance

NASDAQ:QQQ opened at $620.76 on Friday. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01. The business’s 50-day moving average price is $616.24 and its two-hundred day moving average price is $597.20.

Invesco QQQ Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were given a $0.7941 dividend. The ex-dividend date was Monday, December 22nd. This represents a $3.18 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.69.

About Invesco QQQ

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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