Invesco QQQ (NASDAQ:QQQ) Shares Bought by Fischer Investment Strategies LLC

Fischer Investment Strategies LLC increased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 22.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,221 shares of the exchange traded fund’s stock after buying an additional 4,825 shares during the period. Invesco QQQ comprises approximately 12.3% of Fischer Investment Strategies LLC’s portfolio, making the stock its 2nd largest position. Fischer Investment Strategies LLC’s holdings in Invesco QQQ were worth $12,563,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vantage Financial Partners LLC increased its stake in shares of Invesco QQQ by 68.0% in the fourth quarter. Vantage Financial Partners LLC now owns 29,550 shares of the exchange traded fund’s stock valued at $12,101,000 after buying an additional 11,957 shares during the period. Concentrum Wealth Management boosted its holdings in Invesco QQQ by 15.4% in the fourth quarter. Concentrum Wealth Management now owns 14,662 shares of the exchange traded fund’s stock valued at $6,004,000 after acquiring an additional 1,962 shares during the last quarter. Rollins Financial increased its position in Invesco QQQ by 11.8% during the 4th quarter. Rollins Financial now owns 187,590 shares of the exchange traded fund’s stock valued at $76,822,000 after purchasing an additional 19,785 shares during the period. Gryphon Financial Partners LLC raised its holdings in Invesco QQQ by 30.2% during the 4th quarter. Gryphon Financial Partners LLC now owns 3,047 shares of the exchange traded fund’s stock worth $1,248,000 after purchasing an additional 706 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Invesco QQQ by 1.2% in the 4th quarter. Principal Financial Group Inc. now owns 8,437 shares of the exchange traded fund’s stock worth $3,455,000 after purchasing an additional 102 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Down 0.2 %

QQQ opened at $482.44 on Friday. Invesco QQQ has a twelve month low of $342.35 and a twelve month high of $503.52. The company has a fifty day moving average of $468.07 and a 200-day 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.