SOA Wealth Advisors LLC. lifted its stake in Invesco QQQ (NASDAQ:QQQ – Free Report) by 45.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,981 shares of the exchange traded fund’s stock after buying an additional 5,927 shares during the period. Invesco QQQ makes up 1.6% of SOA Wealth Advisors LLC.’s portfolio, making the stock its 16th biggest position. SOA Wealth Advisors LLC.’s holdings in Invesco QQQ were worth $7,012,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also modified their holdings of the stock. Moneta Group Investment Advisors LLC lifted its position in shares of Invesco QQQ by 156,045.1% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 43,491,085 shares of the exchange traded fund’s stock worth $11,580,806,000 after purchasing an additional 43,463,232 shares in the last quarter. Morgan Stanley lifted its holdings in Invesco QQQ by 10.0% in the 4th quarter. Morgan Stanley now owns 16,815,487 shares of the exchange traded fund’s stock worth $4,477,628,000 after buying an additional 1,533,114 shares in the last quarter. Kensington Asset Management LLC purchased a new position in Invesco QQQ in the 1st quarter valued at about $342,079,000. Money Concepts Capital Corp boosted its position in Invesco QQQ by 971.1% in the 1st quarter. Money Concepts Capital Corp now owns 951,023 shares of the exchange traded fund’s stock valued at $10,353,000 after buying an additional 862,236 shares during the last quarter. Finally, Natixis acquired a new stake in shares of Invesco QQQ during the fourth quarter valued at about $228,207,000. Institutional investors and hedge funds own 43.95% of the company’s stock.
Invesco QQQ Trading Down 1.5 %
Shares of NASDAQ:QQQ traded down $5.69 during trading on Friday, hitting $371.58. The company’s stock had a trading volume of 24,814,022 shares, compared to its average volume of 53,415,676. Invesco QQQ has a fifty-two week low of $254.26 and a fifty-two week high of $387.98. The stock’s 50-day moving average price is $372.91 and its two-hundred day moving average price is $347.47.
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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