M Holdings Securities Inc. increased its stake in Invesco QQQ Trust (NASDAQ:QQQ) by 4.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,660 shares of the exchange traded fund’s stock after buying an additional 1,165 shares during the quarter. Invesco QQQ Trust comprises approximately 1.4% of M Holdings Securities Inc.’s holdings, making the stock its 8th largest holding. M Holdings Securities Inc.’s holdings in Invesco QQQ Trust were worth $5,091,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of QQQ. Private Wealth Partners LLC lifted its position in shares of Invesco QQQ Trust by 396.9% during the second quarter. Private Wealth Partners LLC now owns 7,876 shares of the exchange traded fund’s stock worth $1,352,000 after purchasing an additional 6,291 shares during the last quarter. High Falls Advisors Inc lifted its position in shares of Invesco QQQ Trust by 5.6% during the second quarter. High Falls Advisors Inc now owns 15,169 shares of the exchange traded fund’s stock worth $2,604,000 after purchasing an additional 810 shares during the last quarter. PVG Asset Management Corp bought a new stake in shares of Invesco QQQ Trust during the second quarter worth $227,000. Lake Street Advisors Group LLC lifted its position in shares of Invesco QQQ Trust by 14.2% during the second quarter. Lake Street Advisors Group LLC now owns 29,777 shares of the exchange traded fund’s stock worth $5,105,000 after purchasing an additional 3,703 shares during the last quarter. Finally, Argent Trust Co lifted its position in shares of Invesco QQQ Trust by 39.7% during the second quarter. Argent Trust Co now owns 7,957 shares of the exchange traded fund’s stock worth $1,366,000 after purchasing an additional 2,262 shares during the last quarter. Institutional investors own 39.62% of the company’s stock.

NASDAQ:QQQ opened at $181.34 on Tuesday. Invesco QQQ Trust has a twelve month low of $142.10 and a twelve month high of $187.52.

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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Institutional Ownership by Quarter for Invesco QQQ Trust (NASDAQ:QQQ)

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