Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Apella Capital LLC

Apella Capital LLC grew its position in Invesco QQQ (NASDAQ:QQQ) by 1.8% in the first quarter, HoldingsChannel reports. The fund owned 3,382 shares of the exchange traded fund’s stock after acquiring an additional 60 shares during the quarter. Apella Capital LLC’s holdings in Invesco QQQ were worth $1,496,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Bank Hapoalim BM raised its position in shares of Invesco QQQ by 6.3% in the fourth quarter. Bank Hapoalim BM now owns 77,333 shares of the exchange traded fund’s stock worth $31,669,000 after acquiring an additional 4,549 shares during the period. Aviance Capital Partners LLC increased its stake in shares of Invesco QQQ by 29.7% during the fourth quarter. Aviance Capital Partners LLC now owns 4,514 shares of the exchange traded fund’s stock worth $1,848,000 after purchasing an additional 1,033 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of 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 worth $1,530,696,000 after purchasing an additional 243,305 shares in the last quarter. VitalStone Financial LLC increased its stake in shares of Invesco QQQ by 302.0% during the third quarter. VitalStone Financial LLC now owns 21,403 shares of the exchange traded fund’s stock worth $8,099,000 after purchasing an additional 16,079 shares in the last quarter. Finally, Scarborough Advisors LLC increased its stake in shares of Invesco QQQ by 73.3% during the third quarter. Scarborough Advisors LLC now owns 1,374 shares of the exchange traded fund’s stock worth $492,000 after purchasing an additional 581 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

QQQ stock opened at $480.18 on Friday. The firm has a 50-day simple moving average of $449.49 and a 200-day simple moving average of $433.19. Invesco QQQ has a 52 week low of $342.35 and a 52 week high of $486.86.

Invesco QQQ Company 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.