Strategic Wealth Partners Ltd. Purchases New Holdings in Invesco QQQ Trust (NASDAQ:QQQ)
Strategic Wealth Partners Ltd. bought a new stake in Invesco QQQ Trust (NASDAQ:QQQ) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,252 shares of the exchange traded fund’s stock, valued at approximately $730,000.
A number of other institutional investors have also recently made changes to their positions in QQQ. Chicago Partners Investment Group LLC grew its stake in shares of Invesco QQQ Trust by 14.2% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 9,461 shares of the exchange traded fund’s stock worth $1,624,000 after purchasing an additional 1,175 shares during the period. LFA Lugano Financial Advisors SA acquired a new position in shares of Invesco QQQ Trust during the 2nd quarter worth $1,158,000. Truvestments Capital LLC acquired a new stake in Invesco QQQ Trust in the 2nd quarter valued at about $474,000. WealthTrust Fairport LLC grew its stake in Invesco QQQ Trust by 1,932.7% in the 2nd quarter. WealthTrust Fairport LLC now owns 47,769 shares of the exchange traded fund’s stock valued at $6,143,000 after acquiring an additional 45,419 shares during the last quarter. Finally, BDO Wealth Advisors LLC grew its stake in Invesco QQQ Trust by 8.8% in the 2nd quarter. BDO Wealth Advisors LLC now owns 4,124 shares of the exchange traded fund’s stock valued at $708,000 after acquiring an additional 335 shares during the last quarter. Institutional investors own 39.00% of the company’s stock.
NASDAQ QQQ traded up $4.72 during trading hours on Friday, reaching $174.32. The company’s stock had a trading volume of 101,024,196 shares, compared to its average volume of 41,246,383. Invesco QQQ Trust has a fifty-two week low of $146.33 and a fifty-two week high of $187.53.
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.
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