Advisory Resource Group Has $4.57 Million Stock Position in Invesco QQQ (NASDAQ:QQQ)

Advisory Resource Group boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 5.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,371 shares of the exchange traded fund’s stock after buying an additional 627 shares during the period. Invesco QQQ makes up about 1.2% of Advisory Resource Group’s holdings, making the stock its 13th biggest position. Advisory Resource Group’s holdings in Invesco QQQ were worth $4,570,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of QQQ. Castle Rock Wealth Management LLC boosted its position in Invesco QQQ by 0.3% in the 2nd quarter. Castle Rock Wealth Management LLC now owns 8,722 shares of the exchange traded fund’s stock valued at $3,229,000 after buying an additional 29 shares during the last quarter. GoalVest Advisory LLC boosted its position in shares of Invesco QQQ by 19.5% in the 1st quarter. GoalVest Advisory LLC now owns 202 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 33 shares during the last quarter. Carlson Capital Management boosted its position in shares of Invesco QQQ by 1.6% in the 1st quarter. Carlson Capital Management now owns 2,117 shares of the exchange traded fund’s stock worth $679,000 after purchasing an additional 34 shares during the last quarter. J. L. Bainbridge & Co. Inc. boosted its position in shares of Invesco QQQ by 1.4% in the 1st quarter. J. L. Bainbridge & Co. Inc. now owns 2,471 shares of the exchange traded fund’s stock worth $793,000 after purchasing an additional 34 shares during the last quarter. Finally, Matrix Asset Advisors Inc. NY boosted its position in shares of Invesco QQQ by 1.6% in the 1st quarter. Matrix Asset Advisors Inc. NY now owns 2,188 shares of the exchange traded fund’s stock worth $702,000 after purchasing an additional 35 shares during the last quarter. 43.95% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 0.2 %

Shares of NASDAQ:QQQ traded down $0.83 during midday trading on Monday, hitting $369.98. The company had a trading volume of 5,156,421 shares, compared to its average volume of 53,449,273. Invesco QQQ has a 12 month low of $254.26 and a 12 month high of $387.98. The firm has a fifty day simple moving average of $373.20 and a 200 day simple moving average of $348.47.

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.