Onyx Bridge Wealth Group LLC reduced its stake in shares of Invesco QQQ Trust (NASDAQ:QQQ – Get Rating) by 16.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,992 shares of the exchange traded fund’s stock after selling 575 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in Invesco QQQ Trust were worth $804,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Davidson Capital Management Inc. grew its stake in Invesco QQQ Trust by 1.3% in the 2nd quarter. Davidson Capital Management Inc. now owns 2,476 shares of the exchange traded fund’s stock valued at $694,000 after buying an additional 31 shares during the last quarter. Fiduciary Group LLC grew its stake in shares of Invesco QQQ Trust by 2.4% in the second quarter. Fiduciary Group LLC now owns 1,422 shares of the exchange traded fund’s stock valued at $461,000 after acquiring an additional 33 shares in the last quarter. NTB Financial Corp increased its position in Invesco QQQ Trust by 3.8% during the second quarter. NTB Financial Corp now owns 992 shares of the exchange traded fund’s stock worth $278,000 after acquiring an additional 36 shares during the period. Affiance Financial LLC increased its holdings in shares of Invesco QQQ Trust by 4.0% during the third quarter. Affiance Financial LLC now owns 1,002 shares of the exchange traded fund’s stock worth $268,000 after purchasing an additional 39 shares during the period. Finally, Bartlett & Co. LLC raised its position in shares of Invesco QQQ Trust by 1.2% in the fourth quarter. Bartlett & Co. LLC now owns 3,282 shares of the exchange traded fund’s stock valued at $874,000 after buying an additional 39 shares in the last quarter. Institutional investors and hedge funds own 43.08% of the company’s stock.
Invesco QQQ Trust Price Performance
QQQ opened at $305.36 on Friday. The business’s fifty day moving average is $294.12 and its 200-day moving average is $284.38. Invesco QQQ Trust has a 52-week low of $254.26 and a 52-week high of $371.83.
Invesco QQQ Trust 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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