Flagship Harbor Advisors LLC Has $6.60 Million Position in Invesco QQQ (NASDAQ:QQQ)

Flagship Harbor Advisors LLC increased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 5.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,877 shares of the exchange traded fund’s stock after buying an additional 916 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Invesco QQQ were worth $6,604,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in QQQ. CVA Family Office LLC lifted its stake in Invesco QQQ by 2.0% during the second quarter. CVA Family Office LLC now owns 7,450 shares of the exchange traded fund’s stock worth $2,752,000 after purchasing an additional 147 shares during the last quarter. Raleigh Capital Management Inc. lifted its stake in Invesco QQQ by 6,686.3% during the first quarter. Raleigh Capital Management Inc. now owns 6,922 shares of the exchange traded fund’s stock worth $2,222,000 after purchasing an additional 6,820 shares during the last quarter. Berkeley Capital Partners LLC lifted its stake in Invesco QQQ by 0.8% during the first quarter. Berkeley Capital Partners LLC now owns 18,874 shares of the exchange traded fund’s stock worth $6,057,000 after purchasing an additional 159 shares during the last quarter. Asset Planning Corporation bought a new stake in Invesco QQQ during the first quarter worth $200,000. Finally, ACT Advisors LLC. lifted its stake in Invesco QQQ by 3,316.0% during the first quarter. ACT Advisors LLC. now owns 72,932 shares of the exchange traded fund’s stock worth $23,406,000 after purchasing an additional 70,797 shares during the last quarter. Institutional investors and hedge funds own 43.95% of the company’s stock.

Invesco QQQ Stock Performance

NASDAQ QQQ opened at $370.81 on Friday. The business has a fifty day moving average price of $373.20 and a two-hundred day moving average price of $348.25. Invesco QQQ has a fifty-two week low of $254.26 and a fifty-two week high of $387.98.

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.