2 weeks Ago By ABMN Staff
Invst LLC reduced its stake in Invesco QQQ ( NASDAQ:QQQ – Free Report ) by 7.7% in the 2nd quarter, HoldingsChannel.com reports.
The firm owned 49,878 shares of the exchange traded fund’s stock after selling 4,136 shares during the period. Invesco QQQ comprises about 2.7% of Invst LLC’s holdings, making the stock its 8th biggest position.
Invst LLC’s holdings in Invesco QQQ were worth $24,037,000 at the end of the most recent reporting period. Several other large investors also recently bought and sold shares of QQQ. Ameriprise Financial Inc.
increased its holdings in Invesco QQQ by 7.3% in the 2nd quarter. Ameriprise Financial Inc.
now owns 4,966,637 shares of the exchange traded fund’s stock worth $2,379,676,000 after buying an additional 338,494 shares during the period. Global Assets Advisory LLC purchased a new stake in shares of Invesco QQQ in the first quarter worth about $1,580,776,000. Steel Grove Capital Advisors LLC grew its holdings in Invesco QQQ by 934.
0% during the first quarter. Steel Grove Capital Advisors LLC now owns 3,434,759 shares of the exchange traded fund’s stock worth $1,525,067,000 after acquiring an additional 3,102,568 shares during the period. Northwestern Mutual Wealth Management Co.
raised its position in Invesco QQQ by 1.1% during the second quarter. Northwestern Mutual Wealth Management Co.
now owns 3,199,214 shares of the exchange traded fund’s stock valued at $1,532,904,000 after acquiring an additional 33,790 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its holdings in Invesco QQQ by 18,691.3% in the second quarter.
Strategic Financial Concepts LLC now owns 2,777,351 shares of the exchange traded fund’s stock valued at $13,307,000 after acquiring an additional 2,762,571 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.
Invesco QQQ Stock Performance Invesco QQQ stock opened at $486.75 on Monday. Invesco QQQ has a 12 month low of $342.
35 and a 12 month high of $503.52. The stock’s 50 day simple moving average is $468.
10 and its two-hundred day simple moving average is $460.21. Invesco QQQ Cuts Dividend Invesco QQQ Company Profile ( 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. Featured Articles Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Invesco QQQ ( NASDAQ:QQQ – Free Report ). Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter .
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