Compass Financial Group INC SD Buys 794 Shares of Invesco QQQ (NASDAQ:QQQ)

Compass Financial Group INC SD lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 16.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,515 shares of the exchange traded fund’s stock after purchasing an additional 794 shares during the quarter. Invesco QQQ accounts for about 0.6% of Compass Financial Group INC SD’s holdings, making the stock its 15th largest position. Compass Financial Group INC SD’s holdings in Invesco QQQ were worth $2,037,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC increased its position in shares of Invesco QQQ by 156,045.1% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 43,491,085 shares of the exchange traded fund’s stock valued at $11,580,806,000 after purchasing an additional 43,463,232 shares during the last quarter. Morgan Stanley increased its position in shares of Invesco QQQ by 10.0% during the 4th quarter. Morgan Stanley now owns 16,815,487 shares of the exchange traded fund’s stock valued at $4,477,628,000 after purchasing an additional 1,533,114 shares during the last quarter. Kensington Asset Management LLC bought a new position in shares of Invesco QQQ during the 1st quarter valued at about $342,079,000. Money Concepts Capital Corp boosted its holdings in Invesco QQQ by 971.1% during 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 acquiring an additional 862,236 shares during the period. Finally, Natixis purchased a new stake in Invesco QQQ during the 4th quarter valued at about $228,207,000. 43.95% of the stock is currently owned by institutional investors.

Invesco QQQ Trading Down 1.7 %

QQQ stock traded down $6.46 during trading on Friday, hitting $370.81. 69,811,206 shares of the company traded hands, compared to its average volume of 45,032,976. Invesco QQQ has a 1 year low of $254.26 and a 1 year high of $387.98. The company has a 50-day moving average of $373.20 and a 200-day moving average of $348.25.

About Invesco QQQ

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.