Yeomans Consulting Group Inc. reduced its position in Invesco QQQ (NASDAQ:QQQ – Free Report) by 16.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,096 shares of the exchange traded fund’s stock after selling 6,993 shares during the period. Invesco QQQ comprises 6.7% of Yeomans Consulting Group Inc.’s investment portfolio, making the stock its 4th biggest position. Yeomans Consulting Group Inc.’s holdings in Invesco QQQ were worth $17,942,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of the company. Hoese & Co LLP increased its stake in shares of Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 20 shares in the last quarter. Legacy Bridge LLC increased its position in Invesco QQQ by 60.0% during the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 45 shares in the last quarter. BNP Paribas acquired a new position in shares of Invesco QQQ in the third quarter worth $62,000. Brooklyn Investment Group purchased a new stake in shares of Invesco QQQ in the fourth quarter valued at $69,000. Finally, Ritter Daniher Financial Advisory LLC DE boosted its stake in shares of Invesco QQQ by 75.9% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after acquiring an additional 63 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.
Invesco QQQ Trading Up 0.2 %
Invesco QQQ stock opened at $532.64 on Friday. The stock has a 50-day moving average price of $516.72 and a 200 day moving average price of $492.81. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15.
Invesco QQQ Announces Dividend
About Invesco QQQ
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
- Five stocks we like better than Invesco QQQ
- About the Markup Calculator
- Market Momentum: 3 Stocks Poised for Significant Breakouts
- Investing in Construction Stocks
- Kinder Morgan’s Uptrend is Only Half Over: New Highs Are Coming
- Are Penny Stocks a Good Fit for Your Portfolio?
- Momentum Builders: 3 Stocks Positioned to Shine This Quarter
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 (NASDAQ:QQQ – Free Report).
Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.