Fidelis Capital Partners LLC Reduces Invesco QQQ (NASDAQ:QQQ) Stake

Fidelis Capital Partners LLC lowered its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 4.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). . The firm 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 and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the company. Atwater Malick LLC bought a new position in Invesco QQQ in the first quarter valued at about $293,000. Westwood Holdings Group Inc. raised its stake in shares of Invesco QQQ by 14.1% in the first quarter. Westwood Holdings Group Inc. now owns 16,155 shares of the exchange traded fund’s stock valued at $7,173,000 after purchasing an additional 1,993 shares during the last quarter. GenWealth Group Inc. raised its stake in shares of Invesco QQQ by 5.8% in the first quarter. GenWealth Group Inc. now owns 42,457 shares of the exchange traded fund’s stock valued at $18,851,000 after buying an additional 2,325 shares during the last quarter. Socha Financial Group LLC boosted its holdings in shares of Invesco QQQ by 1.3% in the first quarter. Socha Financial Group LLC now owns 88,948 shares of the exchange traded fund’s stock worth $39,494,000 after purchasing an additional 1,153 shares during the period. Finally, SVB Wealth LLC boosted its holdings in shares of Invesco QQQ by 15.2% in the first quarter. SVB Wealth LLC now owns 18,559 shares of the exchange traded fund’s stock worth $8,240,000 after acquiring an additional 2,453 shares during the last quarter. 44.58% of shares are held by institutional investors.

Invesco QQQ stock falls 0.2%

Shares of Invesco QQQ stock opened at $482.44 on Friday. The stock’s fifty day moving average is $468.07, and the two hundred day moving average is $458.49. Invesco QQQ has a 52-week low of $342.35 and a 52-week high of $503.52.

About Invesco QQQ

(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 return performance of the Nasdaq-100 Index. The Trust offers investors the opportunity to purchase units of beneficial interest in the Trust representing undivided proportionate interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weight, as the constituent securities of the Trust. the Nasdaq-100 index.

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