Massmutual Trust Co. FSB ADV grew its stake in shares of Invesco QQQ Trust (NASDAQ:QQQ – Get Rating) by 12.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,171 shares of the exchange traded fund’s stock after purchasing an additional 131 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in Invesco QQQ Trust were worth $312,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of the business. Davidson Capital Management Inc. lifted its stake in Invesco QQQ Trust by 1.3% in the 2nd quarter. Davidson Capital Management Inc. now owns 2,476 shares of the exchange traded fund’s stock worth $694,000 after acquiring an additional 31 shares in the last quarter. Fiduciary Group LLC lifted its stake in Invesco QQQ Trust by 2.4% in the 2nd quarter. Fiduciary Group LLC now owns 1,422 shares of the exchange traded fund’s stock worth $461,000 after acquiring an additional 33 shares in the last quarter. NTB Financial Corp lifted its stake in Invesco QQQ Trust by 3.8% in the 2nd quarter. NTB Financial Corp now owns 992 shares of the exchange traded fund’s stock worth $278,000 after acquiring an additional 36 shares in the last quarter. Affiance Financial LLC lifted its stake in Invesco QQQ Trust by 4.0% in the 3rd quarter. Affiance Financial LLC now owns 1,002 shares of the exchange traded fund’s stock worth $268,000 after acquiring an additional 39 shares in the last quarter. Finally, Bartlett & Co. LLC lifted its stake in Invesco QQQ Trust by 1.2% in the 4th quarter. Bartlett & Co. LLC now owns 3,282 shares of the exchange traded fund’s stock worth $874,000 after acquiring an additional 39 shares in the last quarter. 43.08% of the stock is owned by hedge funds and other institutional investors.
Invesco QQQ Trust Price Performance
Shares of Invesco QQQ Trust stock opened at $305.36 on Friday. The stock has a 50-day moving average price of $294.12 and a 200 day moving average price of $284.38. Invesco QQQ Trust has a 1 year low of $254.26 and a 1 year high of $371.83.
About Invesco QQQ Trust
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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