Sound Income Strategies LLC lifted its stake in shares of Invesco QQQ Trust (NASDAQ:QQQ – Get Rating) by 66.7% during the fourth quarter, Holdings Channel reports. The fund owned 1,140 shares of the exchange traded fund’s stock after acquiring an additional 456 shares during the period. Sound Income Strategies LLC’s holdings in Invesco QQQ Trust were worth $304,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of the stock. WJ Wealth Management LLC grew its holdings in Invesco QQQ Trust by 1.3% during the 3rd quarter. WJ Wealth Management LLC now owns 33,157 shares of the exchange traded fund’s stock worth $8,851,000 after acquiring an additional 436 shares in the last quarter. Advance Capital Management Inc. increased its holdings in Invesco QQQ Trust by 1,852.2% in the third quarter. Advance Capital Management Inc. now owns 55,013 shares of the exchange traded fund’s stock valued at $14,703,000 after buying an additional 52,195 shares during the last quarter. Infini Capital Management Ltd raised its stake in Invesco QQQ Trust by 180.4% in the second quarter. Infini Capital Management Ltd now owns 140,690 shares of the exchange traded fund’s stock valued at $39,433,000 after buying an additional 90,510 shares in the last quarter. Castleview Partners LLC lifted its holdings in Invesco QQQ Trust by 3,344.1% during the 2nd quarter. Castleview Partners LLC now owns 17,427 shares of the exchange traded fund’s stock worth $314,000 after buying an additional 16,921 shares during the last quarter. Finally, EWG Elevate Inc. boosted its position in shares of Invesco QQQ Trust by 2,643.6% during the 3rd quarter. EWG Elevate Inc. now owns 20,303 shares of the exchange traded fund’s stock worth $5,426,000 after acquiring an additional 19,563 shares in the last quarter. Hedge funds and other institutional investors own 43.08% of the company’s stock.
Invesco QQQ Trust Trading Down 0.5 %
QQQ opened at $305.36 on Friday. The business’s 50-day simple moving average is $294.12 and its 200-day simple moving average is $284.38. Invesco QQQ Trust has a one year low of $254.26 and a one year high of $371.83.
Invesco QQQ Trust 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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