Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 22.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,544 shares of the exchange traded fund’s stock after acquiring an additional 1,906 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Invesco QQQ Trust were worth $1,959,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also modified their holdings of the company. Signature Estate & Investment Advisors LLC bought a new position in Invesco QQQ Trust during the 2nd quarter worth about $104,000. Providence Capital Advisors LLC grew its holdings in Invesco QQQ Trust by 487.4% during the 2nd quarter. Providence Capital Advisors LLC now owns 605 shares of the exchange traded fund’s stock worth $104,000 after acquiring an additional 502 shares in the last quarter. Opera Trading Capital bought a new position in Invesco QQQ Trust during the 2nd quarter worth about $112,000. Quad Cities Investment Group LLC bought a new position in Invesco QQQ Trust during the 2nd quarter worth about $128,000. Finally, MinichMacGregor Wealth Management LLC bought a new position in Invesco QQQ Trust during the 2nd quarter worth about $143,000. Institutional investors own 39.19% of the company’s stock.
Shares of Invesco QQQ Trust stock opened at $163.23 on Tuesday. Invesco QQQ Trust has a 1 year low of $150.13 and a 1 year high of $187.53.
Invesco QQQ Trust 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.
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