Significant Wealth Partners LLC Sells 1,815 Shares of Invesco QQQ $QQQ

Significant Wealth Partners LLC cut its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 48.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,959 shares of the exchange traded fund’s stock after selling 1,815 shares during the period. Invesco QQQ accounts for about 1.3% of Significant Wealth Partners LLC’s investment portfolio, making the stock its 7th largest position. Significant Wealth Partners LLC’s holdings in Invesco QQQ were worth $1,204,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Brighton Jones LLC raised its position in Invesco QQQ by 15.0% during the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after acquiring an additional 4,989 shares in the last quarter. Revolve Wealth Partners LLC grew its position in Invesco QQQ by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock worth $2,687,000 after acquiring an additional 176 shares in the last quarter. Jupiter Wealth Management LLC acquired a new position in shares of Invesco QQQ during the 2nd quarter worth $290,000. Wealth Group Ltd. increased its stake in shares of Invesco QQQ by 283.7% during the 2nd quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock worth $13,587,000 after purchasing an additional 18,210 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich raised its holdings in shares of Invesco QQQ by 145.5% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 324,636 shares of the exchange traded fund’s stock valued at $179,000 after purchasing an additional 192,419 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ News Roundup

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Stock Down 1.8%

QQQ stock opened at $582.06 on Friday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The company has a fifty day simple moving average of $610.46 and a 200 day simple moving average of $609.50.

Invesco QQQ Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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