Csenge Advisory Group Buys 2,846 Shares of Invesco QQQ $QQQ

Csenge Advisory Group grew its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 2.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 130,643 shares of the exchange traded fund’s stock after purchasing an additional 2,846 shares during the period. Invesco QQQ makes up 3.6% of Csenge Advisory Group’s investment portfolio, making the stock its 5th biggest holding. Csenge Advisory Group’s holdings in Invesco QQQ were worth $80,256,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Well Done LLC raised its holdings in shares of Invesco QQQ by 0.5% in the 4th quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund’s stock worth $2,113,000 after acquiring an additional 16 shares during the last quarter. Investment Management Corp VA ADV increased its stake in Invesco QQQ by 1.6% in the 3rd quarter. Investment Management Corp VA ADV now owns 1,110 shares of the exchange traded fund’s stock valued at $667,000 after buying an additional 17 shares during the last quarter. Tenon Financial LLC increased its stake in Invesco QQQ by 2.2% in the 4th quarter. Tenon Financial LLC now owns 805 shares of the exchange traded fund’s stock valued at $494,000 after buying an additional 17 shares during the last quarter. SJS Investment Consulting Inc. grew its position in shares of Invesco QQQ by 1.7% during the 4th quarter. SJS Investment Consulting Inc. now owns 1,017 shares of the exchange traded fund’s stock valued at $625,000 after acquiring an additional 17 shares during the period. Finally, Cascade Investment Group Inc. grew its position in shares of Invesco QQQ by 4.6% during the 4th quarter. Cascade Investment Group Inc. now owns 388 shares of the exchange traded fund’s stock valued at $238,000 after acquiring an additional 17 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $705.88 on Tuesday. Invesco QQQ has a twelve month low of $505.58 and a twelve month high of $722.03. The firm has a 50 day moving average price of $630.32 and a 200-day moving average price of $620.72.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.7328 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.4%.

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.