Butensky & Cohen Financial Security Inc. Has $535,000 Holdings in Invesco QQQ (NASDAQ:QQQ)

Butensky & Cohen Financial Security Inc. trimmed its stake in Invesco QQQ (NASDAQ:QQQ) by 9.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,447 shares of the exchange traded fund’s stock after selling 159 shares during the quarter. Butensky & Cohen Financial Security Inc.’s holdings in Invesco QQQ were worth $535,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Barrett & Company Inc. bought a new position in shares of Invesco QQQ during the first quarter valued at about $26,000. Cascade Investment Advisors Inc. bought a new position in shares of Invesco QQQ during the first quarter valued at about $28,000. Elequin Securities LLC bought a new stake in Invesco QQQ in the first quarter worth about $47,000. Clear Investment Research LLC raised its position in Invesco QQQ by 71.7% in the first quarter. Clear Investment Research LLC now owns 158 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 66 shares during the period. Finally, Bbjs Financial Advisors LLC bought a new stake in Invesco QQQ in the fourth quarter worth about $55,000. 43.95% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Down 0.1 %

QQQ opened at $370.51 on Monday. The firm has a 50-day moving average price of $373.20 and a 200-day moving average price of $348.47. Invesco QQQ has a twelve month low of $254.26 and a twelve month high of $387.98.

Invesco QQQ 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.