Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC raised its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 33.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,309 shares of the exchange traded fund’s stock after acquiring an additional 8,128 shares during the quarter. Invesco QQQ makes up approximately 3.6% of Signal Advisors Wealth LLC’s investment portfolio, making the stock its 2nd largest position. Signal Advisors Wealth LLC’s holdings in Invesco QQQ were worth $14,346,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. International Assets Investment Management LLC increased its position in shares of Invesco QQQ by 40,957.3% in the fourth quarter. International Assets Investment Management LLC now owns 28,332,433 shares of the exchange traded fund’s stock valued at $11,602,698,000 after buying an additional 28,263,426 shares in the last quarter. Comerica Bank purchased a new stake in shares of Invesco QQQ in the third quarter valued at approximately $140,657,000. Granite Bay Wealth Management LLC increased its position in shares of Invesco QQQ by 47.1% in the fourth quarter. Granite Bay Wealth Management LLC now owns 1,183,279 shares of the exchange traded fund’s stock valued at $451,075,000 after buying an additional 378,922 shares in the last quarter. CHURCHILL MANAGEMENT Corp increased its position in shares of Invesco QQQ by 36.3% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,413,069 shares of the exchange traded fund’s stock valued at $578,680,000 after buying an additional 376,661 shares in the last quarter. Finally, Cerity Partners LLC increased its position in shares of Invesco QQQ by 77.2% in the fourth quarter. Cerity Partners LLC now owns 842,894 shares of the exchange traded fund’s stock valued at $345,182,000 after buying an additional 367,317 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 0.8 %

Shares of Invesco QQQ stock traded down $3.74 on Thursday, reaching $481.47. The company’s stock had a trading volume of 32,623,987 shares, compared to its average volume of 41,531,434. Invesco QQQ has a 52-week low of $342.35 and a 52-week high of $486.86. The stock has a 50-day moving average price of $448.65 and a 200-day moving average price of $432.54.

Invesco QQQ Company Profile

(Free Report)

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.

Further Reading

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

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