Brighton Jones LLC increased its position in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 2.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,675 shares of the exchange traded fund’s stock after acquiring an additional 289 shares during the period. Brighton Jones LLC’s holdings in Invesco QQQ Trust were worth $4,847,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Investors Research Corp lifted its holdings in Invesco QQQ Trust by 126.5% in the 2nd quarter. Investors Research Corp now owns 77 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 43 shares during the last quarter. Logan Capital Management Inc. acquired a new stake in Invesco QQQ Trust in the 1st quarter worth approximately $44,000. Annapolis Financial Services LLC lifted its holdings in Invesco QQQ Trust by 31.0% in the 2nd quarter. Annapolis Financial Services LLC now owns 131 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 31 shares during the last quarter. Bradley & Co. Private Wealth Management LLC acquired a new stake in Invesco QQQ Trust in the 1st quarter worth approximately $48,000. Finally, Sierra Capital LLC acquired a new stake in Invesco QQQ Trust in the 1st quarter worth approximately $51,000. 44.18% of the stock is currently owned by hedge funds and other institutional investors.
NASDAQ QQQ traded down $0.68 during trading on Wednesday, hitting $374.58. The company’s stock had a trading volume of 1,128,184 shares, compared to its average volume of 41,776,973. The firm has a 50 day moving average price of $369.05 and a 200 day moving average price of $344.77. Invesco QQQ Trust has a 52 week low of $260.11 and a 52 week high of $382.78.
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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