Interactive Financial Advisors Inc. trimmed its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 4.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,396 shares of the exchange traded fund’s stock after selling 807 shares during the quarter. Invesco QQQ comprises 5.2% of Interactive Financial Advisors Inc.’s portfolio, making the stock its 5th largest position. Interactive Financial Advisors Inc.’s holdings in Invesco QQQ were worth $10,700,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also made changes to their positions in QQQ. GSG Advisors LLC boosted its holdings in shares of Invesco QQQ by 8.2% during the first quarter. GSG Advisors LLC now owns 7,726 shares of the exchange traded fund’s stock valued at $3,600,000 after acquiring an additional 585 shares during the period. Amundi increased its holdings in shares of Invesco QQQ by 6.3% in the 1st quarter. Amundi now owns 110,903 shares of the exchange traded fund’s stock worth $49,980,000 after acquiring an additional 6,600 shares during the period. Jackson Wealth Management LLC lifted its position in Invesco QQQ by 8.6% in the 1st quarter. Jackson Wealth Management LLC now owns 20,105 shares of the exchange traded fund’s stock valued at $9,428,000 after purchasing an additional 1,586 shares during the last quarter. Greykasell Wealth Strategies Inc. boosted its stake in Invesco QQQ by 8.4% during the 1st quarter. Greykasell Wealth Strategies Inc. now owns 7,782 shares of the exchange traded fund’s stock valued at $3,649,000 after purchasing an additional 605 shares during the period. Finally, AM Investment Strategies LLC boosted its stake in Invesco QQQ by 46.5% during the 1st quarter. AM Investment Strategies LLC now owns 1,927 shares of the exchange traded fund’s stock valued at $904,000 after purchasing an additional 612 shares during the period. Institutional investors own 44.58% of the company’s stock.
Invesco QQQ Stock Performance
Shares of NASDAQ:QQQ opened at $599.99 on Friday. The firm’s 50 day moving average is $586.71 and its two-hundred day moving average is $539.38. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $613.18.
Invesco QQQ Increases Dividend
Invesco QQQ 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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