Invesco QQQ Trust (NASDAQ:QQQ) Shares Sold by M Holdings Securities Inc.

M Holdings Securities Inc. reduced its stake in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 6.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,440 shares of the exchange traded fund’s stock after selling 2,873 shares during the period. Invesco QQQ Trust accounts for about 2.5% of M Holdings Securities Inc.’s holdings, making the stock its 4th biggest position. M Holdings Securities Inc.’s holdings in Invesco QQQ Trust were worth $7,365,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Meridian Wealth Management LLC raised its position in shares of Invesco QQQ Trust by 2.3% during the 1st quarter. Meridian Wealth Management LLC now owns 66,389 shares of the exchange traded fund’s stock worth $11,927,000 after purchasing an additional 1,515 shares during the last quarter. Fusion Family Wealth LLC raised its holdings in Invesco QQQ Trust by 6.2% in the 2nd quarter. Fusion Family Wealth LLC now owns 135,970 shares of the exchange traded fund’s stock valued at $25,391,000 after acquiring an additional 7,993 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco QQQ Trust by 2.6% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,919,483 shares of the exchange traded fund’s stock valued at $344,869,000 after acquiring an additional 49,503 shares during the last quarter. Mark Sheptoff Financial Planning LLC raised its holdings in Invesco QQQ Trust by 80.2% in the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 2,920 shares of the exchange traded fund’s stock valued at $525,000 after acquiring an additional 1,300 shares during the last quarter. Finally, Certified Advisory Corp raised its holdings in Invesco QQQ Trust by 5.8% in the 2nd quarter. Certified Advisory Corp now owns 11,484 shares of the exchange traded fund’s stock valued at $2,144,000 after acquiring an additional 633 shares during the last quarter. Hedge funds and other institutional investors own 45.01% of the company’s stock.

QQQ traded up $0.50 during trading on Wednesday, hitting $188.47. The company’s stock had a trading volume of 8,075,874 shares, compared to its average volume of 24,556,908. The firm’s 50 day moving average price is $187.82 and its 200-day moving average price is $185.56. Invesco QQQ Trust has a twelve month low of $143.46 and a twelve month high of $195.55.



The firm also recently declared a — dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, September 24th will be issued a $0.3842 dividend. The ex-dividend date is Monday, September 23rd. This represents a yield of 0.8%.

Invesco QQQ Trust 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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Institutional Ownership by Quarter for Invesco QQQ Trust (NASDAQ:QQQ)

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