Fidelis Capital Partners LLC trimmed its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 4.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,508 shares of the exchange traded fund’s stock after selling 231 shares during the period. Fidelis Capital Partners LLC’s holdings in Invesco QQQ were worth $2,639,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently made changes to their positions in the company. New Covenant Trust Company N.A. bought a new stake in Invesco QQQ in the 1st quarter valued at $28,000. Deane Retirement Strategies Inc. purchased a new position in shares of Invesco QQQ during the first quarter valued at about $29,000. Mechanics Financial Corp bought a new stake in shares of Invesco QQQ in the second quarter worth about $30,000. Legacy Bridge LLC lifted its position in shares of Invesco QQQ by 800.0% in the first quarter. Legacy Bridge LLC now owns 72 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 64 shares in the last quarter. Finally, Voisard Asset Management Group Inc. bought a new position in Invesco QQQ during the fourth quarter valued at approximately $35,000. Institutional investors own 44.58% of the company’s stock.
Invesco QQQ Stock Performance
NASDAQ QQQ opened at $482.44 on Friday. Invesco QQQ has a 1-year low of $342.35 and a 1-year high of $503.52. The business has a 50 day simple moving average of $468.07 and a two-hundred day simple moving average of $458.49.
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.
Read More
- Five stocks we like better than Invesco QQQ
- Health Care Stocks Explained: Why You Might Want to Invest
- 3 Stocks That Could Rise on European Bank Interest Rate Cuts
- Canadian Penny Stocks: Can They Make You Rich?
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- The How And Why of Investing in Oil Stocks
- MarketBeat Week in Review – 9/16 – 9/20
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.
