Invesco QQQ $QQQ Stock Holdings Lowered by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC lessened its stake in Invesco QQQ (NASDAQ:QQQ) by 26.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 71,443 shares of the exchange traded fund’s stock after selling 26,223 shares during the quarter. Invesco QQQ comprises about 1.2% of Dynamic Advisor Solutions LLC’s holdings, making the stock its 10th largest holding. Dynamic Advisor Solutions LLC’s holdings in Invesco QQQ were worth $42,892,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of QQQ. Morgan Dempsey Capital Management LLC acquired a new position in shares of Invesco QQQ during the second quarter worth $30,000. Marshall & Sullivan Inc. WA purchased a new stake in Invesco QQQ during the 2nd quarter worth $41,000. Moser Wealth Advisors LLC increased its stake in Invesco QQQ by 930.0% during the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock worth $57,000 after buying an additional 93 shares during the period. Ransom Advisory Ltd acquired a new position in Invesco QQQ in the 1st quarter worth $70,000. Finally, Barrett & Company Inc. lifted its holdings in Invesco QQQ by 14.9% in the 2nd quarter. Barrett & Company Inc. now owns 154 shares of the exchange traded fund’s stock worth $85,000 after buying an additional 20 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $609.11 on Friday. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01. The business has a 50-day moving average of $613.59 and a 200-day moving average of $582.63.

Invesco QQQ Company 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.