Valley Forge Investment Consultants Inc. ADV bought a new stake in shares of Invesco QQQ Trust (NASDAQ:QQQ – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 597 shares of the exchange traded fund’s stock, valued at approximately $214,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of QQQ. Avalon Trust Co bought a new stake in Invesco QQQ Trust during the second quarter valued at approximately $28,000. VisionPoint Advisory Group LLC bought a new stake in shares of Invesco QQQ Trust during the 2nd quarter valued at $36,000. Russell Investments Group Ltd. purchased a new stake in shares of Invesco QQQ Trust in the 2nd quarter worth $44,000. Blume Capital Management Inc. raised its holdings in Invesco QQQ Trust by 104.0% in the 3rd quarter. Blume Capital Management Inc. now owns 135 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 3,500 shares during the period. Finally, Buck Wealth Strategies LLC lifted its position in Invesco QQQ Trust by 71.4% during the third quarter. Buck Wealth Strategies LLC now owns 156 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 65 shares in the last quarter. 43.95% of the stock is owned by institutional investors.
Invesco QQQ Trust Stock Performance
Shares of QQQ opened at $436.99 on Monday. The business has a 50-day simple moving average of $410.75 and a two-hundred day simple moving average of $384.35. Invesco QQQ Trust has a 52 week low of $285.19 and a 52 week high of $437.85.
Invesco QQQ Trust Announces Dividend
About Invesco QQQ Trust
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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