Destiny Capital Corp CO Has $6.83 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Destiny Capital Corp CO boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 2.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,254 shares of the exchange traded fund’s stock after purchasing an additional 387 shares during the period. Invesco QQQ comprises 4.7% of Destiny Capital Corp CO’s holdings, making the stock its 9th biggest holding. Destiny Capital Corp CO’s holdings in Invesco QQQ were worth $6,829,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Global Assets Advisory LLC bought a new stake in shares of Invesco QQQ during the first quarter valued at approximately $1,580,776,000. Steel Grove Capital Advisors LLC increased its holdings in Invesco QQQ by 934.0% during the 1st quarter. Steel Grove Capital Advisors LLC now owns 3,434,759 shares of the exchange traded fund’s stock worth $1,525,067,000 after purchasing an additional 3,102,568 shares during the period. Strategic Financial Concepts LLC raised its position in Invesco QQQ by 18,691.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 2,777,351 shares of the exchange traded fund’s stock valued at $13,307,000 after purchasing an additional 2,762,571 shares in the last quarter. Granite Bay Wealth Management LLC lifted its holdings in shares of Invesco QQQ by 6,215.5% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund’s stock worth $409,513,000 after buying an additional 894,532 shares during the period. Finally, Harvard Management Co. Inc. bought a new position in shares of Invesco QQQ during the 1st quarter worth $304,591,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

QQQ stock 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 moving average price of $468.07 and a 200 day moving average price of $458.49.

Invesco QQQ 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.