Lynx Investment Advisory Sells 23 Shares of Invesco QQQ (NASDAQ:QQQ)

Lynx Investment Advisory lessened its position in Invesco QQQ (NASDAQ:QQQ) by 3.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 751 shares of the exchange traded fund’s stock after selling 23 shares during the quarter. Lynx Investment Advisory’s holdings in Invesco QQQ were worth $384,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings in Invesco QQQ by 159.6% during the fourth quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock worth $1,712,000 after acquiring an additional 2,059 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Invesco QQQ by 141.0% during the 3rd quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock worth $9,468,000 after purchasing an additional 11,351 shares in the last quarter. NRI Wealth Management LC acquired a new stake in shares of Invesco QQQ in the 4th quarter valued at approximately $28,729,000. Garden State Investment Advisory Services LLC grew its stake in shares of Invesco QQQ by 13.1% in the third quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock valued at $15,169,000 after buying an additional 3,581 shares in the last quarter. Finally, Silverleafe Capital Partners LLC increased its holdings in Invesco QQQ by 16.8% during the fourth quarter. Silverleafe Capital Partners LLC now owns 45,312 shares of the exchange traded fund’s stock worth $23,165,000 after buying an additional 6,518 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.3 %

NASDAQ QQQ opened at $480.84 on Monday. The firm has a market capitalization of $303.05 billion, a P/E ratio of 30.74 and a beta of 1.11. The firm’s fifty day moving average price is $511.30 and its two-hundred day moving average price is $504.45. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $540.81.

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.