Significant Wealth Partners LLC trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 48.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,959 shares of the exchange traded fund's stock after selling 1,815 shares during the period. Invesco QQQ accounts for 1.3% of Significant Wealth Partners LLC's investment portfolio, making the stock its 7th biggest holding. Significant Wealth Partners LLC's holdings in Invesco QQQ were worth $1,204,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. 1832 Asset Management L.P. grew its holdings in shares of Invesco QQQ by 100.0% during the second quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund's stock valued at $1,167,000 after buying an additional 40,999,982 shares in the last quarter. HRT Financial LP boosted its position in Invesco QQQ by 118.3% during the 2nd quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund's stock worth $1,735,226,000 after acquiring an additional 1,704,600 shares during the period. JPMorgan Chase & Co. boosted its position in Invesco QQQ by 42.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund's stock worth $2,700,424,000 after acquiring an additional 1,457,109 shares during the period. Laurel Wealth Advisors LLC grew its stake in Invesco QQQ by 54,491.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 313,357 shares of the exchange traded fund's stock valued at $172,860,000 after acquiring an additional 312,783 shares in the last quarter. Finally, Mizuho Bank Ltd. acquired a new position in shares of Invesco QQQ in the 2nd quarter valued at about $165,492,000. Hedge funds and other institutional investors own 44.58% of the company's stock.
Invesco QQQ Price Performance
NASDAQ QQQ opened at $582.06 on Friday. The company has a 50 day simple moving average of $610.46 and a 200-day simple moving average of $609.50. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $637.01.
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Invesco QQQ Profile
(
Free Report)
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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