Certuity LLC Grows Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Certuity LLC boosted its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 6.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,780 shares of the exchange traded fund's stock after acquiring an additional 2,329 shares during the period. Invesco QQQ comprises approximately 2.0% of Certuity LLC's portfolio, making the stock its 12th largest position. Certuity LLC's holdings in Invesco QQQ were worth $18,654,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Laird Norton Wetherby Wealth Management LLC grew its position in Invesco QQQ by 0.3% during the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 6,024 shares of the exchange traded fund's stock worth $3,080,000 after buying an additional 20 shares during the period. Willis Johnson & Associates Inc. lifted its holdings in shares of Invesco QQQ by 2.6% in the fourth quarter. Willis Johnson & Associates Inc. now owns 814 shares of the exchange traded fund's stock valued at $416,000 after purchasing an additional 21 shares in the last quarter. MTM Investment Management LLC lifted its holdings in shares of Invesco QQQ by 1.6% in the first quarter. MTM Investment Management LLC now owns 1,297 shares of the exchange traded fund's stock valued at $613,000 after purchasing an additional 21 shares in the last quarter. Cutler Investment Counsel LLC lifted its holdings in shares of Invesco QQQ by 1.4% in the first quarter. Cutler Investment Counsel LLC now owns 1,513 shares of the exchange traded fund's stock valued at $710,000 after purchasing an additional 21 shares in the last quarter. Finally, Tobias Financial Advisors Inc. lifted its holdings in shares of Invesco QQQ by 2.8% in the fourth quarter. Tobias Financial Advisors Inc. now owns 812 shares of the exchange traded fund's stock valued at $415,000 after purchasing an additional 22 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

Shares of QQQ opened at $580.34 on Thursday. The company's 50 day simple moving average is $552.08 and its 200 day simple moving average is $513.33. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $583.32.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Monday, June 23rd were given a $0.5911 dividend. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $2.36 annualized dividend and a dividend yield of 0.4%.

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.

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