Edge Financial Advisors LLC decreased its position in Invesco QQQ (NASDAQ:QQQ – Free Report) by 1.8% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 4,459 shares of the exchange traded fund’s stock after selling 80 shares during the period. Invesco QQQ comprises 2.0% of Edge Financial Advisors LLC’s portfolio, making the stock its 14th biggest position. Edge Financial Advisors LLC’s holdings in Invesco QQQ were worth $2,280,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in Invesco QQQ by 159.6% during the fourth quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock worth $1,712,000 after purchasing an additional 2,059 shares during the last quarter. Principal Financial Group Inc. increased its stake in Invesco QQQ by 141.0% in the 3rd quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock valued at $9,468,000 after buying an additional 11,351 shares during the last quarter. Socha Financial Group LLC lifted its position in Invesco QQQ by 2.4% during the 3rd quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock worth $44,732,000 after buying an additional 2,171 shares in the last quarter. NRI Wealth Management LC acquired a new position in shares of Invesco QQQ during the 4th quarter worth about $28,729,000. Finally, Garden State Investment Advisory Services LLC grew its holdings in shares of Invesco QQQ by 13.1% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock valued at $15,169,000 after acquiring an additional 3,581 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.
Invesco QQQ Stock Up 0.2 %
NASDAQ:QQQ opened at $532.64 on Friday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15. The stock’s 50-day simple moving average is $516.72 and its 200 day simple moving average is $492.81.
Invesco QQQ Announces Dividend
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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