166,993 Shares in Invesco QQQ Trust (NASDAQ:QQQ) Bought by Moneta Group Investment Advisors LLC
Moneta Group Investment Advisors LLC bought a new position in shares of Invesco QQQ Trust (NASDAQ:QQQ) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 166,993 shares of the exchange traded fund’s stock, valued at approximately $845,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Thoroughbred Financial Services LLC lifted its stake in Invesco QQQ Trust by 19,082.5% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 5,919,517 shares of the exchange traded fund’s stock valued at $591,952,000 after acquiring an additional 5,888,658 shares in the last quarter. Mizuho Securities USA LLC grew its holdings in Invesco QQQ Trust by 7,878.1% during the second quarter. Mizuho Securities USA LLC now owns 1,259,582 shares of the exchange traded fund’s stock worth $235,355,000 after purchasing an additional 1,243,794 shares during the period. Duality Advisers LP bought a new position in shares of Invesco QQQ Trust during the 1st quarter worth approximately $211,794,000. Charles Schwab Investment Advisory Inc. increased its holdings in shares of Invesco QQQ Trust by 158.7% in the second quarter. Charles Schwab Investment Advisory Inc. now owns 1,532,770 shares of the exchange traded fund’s stock valued at $286,230,000 after purchasing an additional 940,217 shares during the last quarter. Finally, Sumitomo Mitsui Financial Group Inc. lifted its holdings in Invesco QQQ Trust by 16,947.4% during the 2nd quarter. Sumitomo Mitsui Financial Group Inc. now owns 500,000 shares of the exchange traded fund’s stock worth $94,678,000 after purchasing an additional 497,067 shares during the last quarter. 45.92% of the stock is owned by institutional investors and hedge funds.
Shares of Invesco QQQ Trust stock traded up $1.21 on Wednesday, reaching $191.85. 7,752,096 shares of the stock were exchanged, compared to its average volume of 28,154,970. Invesco QQQ Trust has a one year low of $143.46 and a one year high of $195.55. The firm’s 50 day moving average is $188.08 and its 200-day moving average is $184.41.
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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