Rothschild Investment Corp IL increased its position in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 2.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,099 shares of the exchange traded fund’s stock after purchasing an additional 815 shares during the period. Rothschild Investment Corp IL’s holdings in Invesco QQQ Trust were worth $7,382,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently added to or reduced their stakes in QQQ. Macroview Investment Management LLC lifted its holdings in Invesco QQQ Trust by 112.7% during the 2nd quarter. Macroview Investment Management LLC now owns 135 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 1,200 shares during the last quarter. Larson Financial Group LLC bought a new position in Invesco QQQ Trust during the 2nd quarter worth $29,000. Kayne Anderson Rudnick Investment Management LLC bought a new position in Invesco QQQ Trust during the 2nd quarter worth $44,000. Prestige Wealth Management Group LLC bought a new position in Invesco QQQ Trust during the 2nd quarter worth $68,000. Finally, Lenox Wealth Management Inc. increased its stake in Invesco QQQ Trust by 33.8% during the 2nd quarter. Lenox Wealth Management Inc. now owns 475 shares of the exchange traded fund’s stock worth $88,000 after acquiring an additional 120 shares during the period. 44.69% of the stock is owned by institutional investors and hedge funds.
Invesco QQQ Trust stock traded up $2.70 during mid-day trading on Friday, reaching $191.38. 4,570,052 shares of the company were exchanged, compared to its average volume of 30,691,644. The company has a fifty day simple moving average of $188.56 and a 200-day simple moving average of $186.46. Invesco QQQ Trust has a 12 month low of $143.46 and a 12 month high of $195.55.
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.
See Also: Is it Safe to Invest in Commodities?
Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ Trust (NASDAQ:QQQ).
Receive News & Ratings for Invesco QQQ Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ Trust and related companies with MarketBeat.com's FREE daily email newsletter.