Perfromance Wealth Partners LLC reduced its position in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 0.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,965 shares of the exchange traded fund’s stock after selling 25 shares during the quarter. Perfromance Wealth Partners LLC’s holdings in Invesco QQQ were worth $1,516,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the business. Oxinas Partners Wealth Management LLC increased its stake in shares of Invesco QQQ by 16.2% in the fourth quarter. Oxinas Partners Wealth Management LLC now owns 10,729 shares of the exchange traded fund’s stock valued at $5,485,000 after buying an additional 1,493 shares during the period. Commons Capital LLC acquired a new position in Invesco QQQ in the fourth quarter valued at $523,000. Planned Solutions Inc. boosted its position in Invesco QQQ by 76.9% during the fourth quarter. Planned Solutions Inc. now owns 32,360 shares of the exchange traded fund’s stock valued at $16,543,000 after acquiring an additional 14,071 shares during the last quarter. Signature Resources Capital Management LLC grew its stake in Invesco QQQ by 136.6% during the fourth quarter. Signature Resources Capital Management LLC now owns 478 shares of the exchange traded fund’s stock worth $244,000 after purchasing an additional 276 shares during the period. Finally, Monterey Private Wealth Inc. lifted its stake in Invesco QQQ by 5.7% in the fourth quarter. Monterey Private Wealth Inc. now owns 14,633 shares of the exchange traded fund’s stock valued at $7,481,000 after buying an additional 793 shares during the period. Institutional investors own 44.58% of the company’s stock.
Invesco QQQ Stock Up 0.6 %
Shares of QQQ stock opened at $524.80 on Wednesday. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15. The firm has a 50 day moving average of $516.10 and a 200-day moving average of $492.33.
Invesco QQQ Dividend Announcement
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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