PPS&V Asset Management Consultants Inc. Has $32.28 Million Stock Holdings in Invesco QQQ $QQQ

PPS&V Asset Management Consultants Inc. decreased its position in Invesco QQQ (NASDAQ:QQQFree Report) by 2.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,544 shares of the exchange traded fund’s stock after selling 1,559 shares during the quarter. Invesco QQQ accounts for 18.7% of PPS&V Asset Management Consultants Inc.’s portfolio, making the stock its 2nd biggest holding. PPS&V Asset Management Consultants Inc.’s holdings in Invesco QQQ were worth $32,278,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC lifted its position in Invesco QQQ by 15.0% during the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after purchasing an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Invesco QQQ by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock worth $2,687,000 after buying an additional 176 shares during the last quarter. Jupiter Wealth Management LLC purchased a new stake in shares of Invesco QQQ during the 2nd quarter valued at about $290,000. Wealth Group Ltd. raised its position in shares of Invesco QQQ by 283.7% during the 2nd quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock valued at $13,587,000 after buying an additional 18,210 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its holdings in shares of Invesco QQQ by 145.5% in the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 324,636 shares of the exchange traded fund’s stock valued at $179,000 after acquiring an additional 192,419 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ News Summary

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Trading Down 1.8%

QQQ opened at $582.06 on Friday. The stock has a 50-day moving average of $610.46 and a 200 day moving average of $609.50. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01.

Invesco QQQ Company Profile

(Free Report)

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.

Further Reading

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

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