EFG Asset Management Americas Corp. Has $1.19 Million Position in Invesco QQQ Trust (NASDAQ:QQQ)

EFG Asset Management Americas Corp. reduced its stake in Invesco QQQ Trust (NASDAQ:QQQ) by 1.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,275 shares of the exchange traded fund’s stock after selling 75 shares during the period. EFG Asset Management Americas Corp.’s holdings in Invesco QQQ Trust were worth $1,185,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of QQQ. Putnam FL Investment Management Co. boosted its position in Invesco QQQ Trust by 12.6% during the 3rd quarter. Putnam FL Investment Management Co. now owns 65,290 shares of the exchange traded fund’s stock worth $12,327,000 after buying an additional 7,325 shares during the period. BBVA USA Bancshares Inc. raised its holdings in Invesco QQQ Trust by 24.7% during the 3rd quarter. BBVA USA Bancshares Inc. now owns 5,395 shares of the exchange traded fund’s stock worth $1,019,000 after purchasing an additional 1,070 shares during the last quarter. Frisch Financial Group Inc. raised its holdings in Invesco QQQ Trust by 24.1% during the 3rd quarter. Frisch Financial Group Inc. now owns 4,552 shares of the exchange traded fund’s stock worth $859,000 after purchasing an additional 883 shares during the last quarter. Penobscot Investment Management Company Inc. raised its holdings in Invesco QQQ Trust by 0.8% during the 3rd quarter. Penobscot Investment Management Company Inc. now owns 29,827 shares of the exchange traded fund’s stock worth $5,632,000 after purchasing an additional 228 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC raised its holdings in Invesco QQQ Trust by 724.6% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 167,296 shares of the exchange traded fund’s stock worth $31,587,000 after purchasing an additional 147,009 shares during the last quarter. Institutional investors own 42.12% of the company’s stock.

Invesco QQQ Trust stock traded up $0.69 during mid-day trading on Tuesday, hitting $201.65. 276,469 shares of the stock were exchanged, compared to its average volume of 19,825,388. Invesco QQQ Trust has a 12 month low of $143.46 and a 12 month high of $201.72. The firm’s fifty day simple moving average is $192.77 and its two-hundred day simple moving average is $188.34.

The company also recently declared a — dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, September 24th were issued a dividend of $0.3842 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a yield of 0.8%.

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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