GenTrust LLC lessened its stake in Invesco QQQ (NASDAQ:QQQ – Free Report) by 24.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,431 shares of the exchange traded fund’s stock after selling 779 shares during the quarter. GenTrust LLC’s holdings in Invesco QQQ were worth $996,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of QQQ. Ironwood Wealth Management LLC. lifted its position in shares of Invesco QQQ by 7.4% during the 1st quarter. Ironwood Wealth Management LLC. now owns 5,505 shares of the exchange traded fund’s stock worth $1,996,000 after buying an additional 381 shares during the last quarter. Axiom Financial Strategies LLC lifted its holdings in shares of Invesco QQQ by 11.6% in the first quarter. Axiom Financial Strategies LLC now owns 816 shares of the exchange traded fund’s stock worth $255,000 after acquiring an additional 85 shares during the last quarter. Roundview Capital LLC boosted its stake in shares of Invesco QQQ by 0.9% in the 1st quarter. Roundview Capital LLC now owns 53,323 shares of the exchange traded fund’s stock valued at $19,332,000 after purchasing an additional 495 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in shares of Invesco QQQ by 11.2% in the 1st quarter. Brown Brothers Harriman & Co. now owns 2,750 shares of the exchange traded fund’s stock valued at $997,000 after purchasing an additional 278 shares in the last quarter. Finally, Covestor Ltd grew its holdings in shares of Invesco QQQ by 309.2% during the 1st quarter. Covestor Ltd now owns 446 shares of the exchange traded fund’s stock valued at $162,000 after purchasing an additional 337 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.
Invesco QQQ Trading Down 0.2 %
Shares of NASDAQ QQQ traded down $0.82 during mid-day trading on Thursday, hitting $444.01. 36,607,437 shares of the stock traded hands, compared to its average volume of 44,988,266. Invesco QQQ has a twelve month low of $309.89 and a twelve month high of $449.34. The firm has a 50 day simple moving average of $433.84 and a two-hundred day simple moving average of $399.66.
Invesco QQQ Dividend Announcement
Invesco QQQ 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.
See Also
- Five stocks we like better than Invesco QQQ
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- 3 Value Stocks Too Small For Buffett’s Portfolio
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Foot Locker Builds Up Another Head of Steam; Gains Imminent
- How to invest in blue chip stocks
- Disney Stock Catches 3 Upgrades In a Single Week
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.