Invesco QQQ Trust (NASDAQ:QQQ) Stake Raised by Cetera Investment Advisers

Cetera Investment Advisers lifted its position in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 8.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 89,141 shares of the exchange traded fund’s stock after acquiring an additional 6,984 shares during the quarter. Invesco QQQ Trust accounts for approximately 2.0% of Cetera Investment Advisers’ investment portfolio, making the stock its 4th biggest holding. Cetera Investment Advisers’ holdings in Invesco QQQ Trust were worth $16,669,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of QQQ. Prospera Financial Services Inc purchased a new stake in shares of Invesco QQQ Trust during the 2nd quarter worth about $8,993,000. Morgan Stanley raised its position in shares of Invesco QQQ Trust by 59.8% during the 2nd quarter. Morgan Stanley now owns 17,764,053 shares of the exchange traded fund’s stock worth $3,317,260,000 after purchasing an additional 6,650,061 shares during the last quarter. Thoroughbred Financial Services LLC raised its position in shares of Invesco QQQ Trust by 19,082.5% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 5,919,517 shares of the exchange traded fund’s stock worth $591,952,000 after purchasing an additional 5,888,658 shares during the last quarter. Varma Mutual Pension Insurance Co raised its position in shares of Invesco QQQ Trust by 796.0% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 5,838,234 shares of the exchange traded fund’s stock worth $1,102,316,000 after purchasing an additional 5,186,643 shares during the last quarter. Finally, Mizuho Securities USA LLC raised its position in shares of Invesco QQQ Trust by 7,878.1% during the 2nd quarter. Mizuho Securities USA LLC now owns 1,259,582 shares of the exchange traded fund’s stock worth $235,355,000 after purchasing an additional 1,243,794 shares during the last quarter. 42.12% of the stock is currently owned by institutional investors and hedge funds.

QQQ opened at $201.59 on Thursday. Invesco QQQ Trust has a twelve month low of $143.46 and a twelve month high of $202.21. The company has a 50-day moving average price of $193.18 and a 200 day moving average price of $188.45.

The business also recently declared a — dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, September 24th were given a dividend of $0.3842 per share. The ex-dividend date was Monday, September 23rd. This represents a dividend 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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