Smith Shellnut Wilson LLC ADV Lowers Stock Position in Invesco QQQ (NASDAQ:QQQ)



Smith Shellnut Wilson LLC ADV lowered its position in Invesco QQQ (NASDAQ:QQQ – Free Report) by 5.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,661 shares of the exchange traded fund’s stock after selling 1,586 shares during the period. Invesco QQQ comprises about 6.0% of Smith Shellnut Wilson LLC ADV’s investment portfolio, making the stock its 3rd biggest holding. Smith Shellnut Wilson LLC ADV’s holdings in Invesco QQQ were worth $10,509,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. International Assets Investment Management LLC grew its position in shares of Invesco QQQ by 40,957.3% during the 4th quarter. International Assets Investment Management LLC now owns 28,332,433 shares of the exchange traded fund’s stock valued at $11,602,698,000 after acquiring an additional 28,263,426 shares during the period. Envestnet Asset Management Inc. raised its holdings in Invesco QQQ by 1.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,531,165 shares of the exchange traded fund’s stock worth $1,623,380,000 after purchasing an additional 52,019 shares during the period. Ameriprise Financial Inc. lifted its position in Invesco QQQ by 6.1% during the third quarter. Ameriprise Financial Inc. now owns 4,259,295 shares of the exchange traded fund’s stock valued at $1,530,696,000 after purchasing an additional 243,305 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in Invesco QQQ by 7.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 2,474,824 shares of the exchange traded fund’s stock valued at $1,013,490,000 after purchasing an additional 162,691 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its position in Invesco QQQ by 2.4% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,852,000 shares of the exchange traded fund’s stock worth $663,516,000 after buying an additional 43,000 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.5 %

QQQ stock opened at $479.19 on Friday. The business’s 50-day moving average price is $445.24 and its 200-day moving average price is $430.19. Invesco QQQ has a twelve month low of $342.35 and a twelve month high of $479.26.

About Invesco QQQ

(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.

See Also

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



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