Cedar Mountain Advisors LLC Has $12.43 Million Stock Holdings in Invesco QQQ Trust (NASDAQ:QQQ)

Cedar Mountain Advisors LLC reduced its position in Invesco QQQ Trust (NASDAQ:QQQ – Get Rating) by 1.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 46,693 shares of the exchange traded fund’s stock after selling 465 shares during the quarter. Invesco QQQ Trust makes up 3.9% of Cedar Mountain Advisors LLC’s portfolio, making the stock its 9th largest holding. Cedar Mountain Advisors LLC’s holdings in Invesco QQQ Trust were worth $12,434,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. WJ Wealth Management LLC lifted its holdings in shares of Invesco QQQ Trust by 1.3% during the third quarter. WJ Wealth Management LLC now owns 33,157 shares of the exchange traded fund’s stock valued at $8,851,000 after acquiring an additional 436 shares during the period. Advance Capital Management Inc. lifted its holdings in shares of Invesco QQQ Trust by 1,852.2% during the third quarter. Advance Capital Management Inc. now owns 55,013 shares of the exchange traded fund’s stock valued at $14,703,000 after acquiring an additional 52,195 shares during the period. Infini Capital Management Ltd lifted its holdings in shares of Invesco QQQ Trust by 180.4% during the second quarter. Infini Capital Management Ltd now owns 140,690 shares of the exchange traded fund’s stock valued at $39,433,000 after acquiring an additional 90,510 shares during the period. Castleview Partners LLC raised its holdings in shares of Invesco QQQ Trust by 3,344.1% in the second quarter. Castleview Partners LLC now owns 17,427 shares of the exchange traded fund’s stock valued at $314,000 after buying an additional 16,921 shares during the last quarter. Finally, EWG Elevate Inc. raised its holdings in shares of Invesco QQQ Trust by 2,643.6% in the third quarter. EWG Elevate Inc. now owns 20,303 shares of the exchange traded fund’s stock valued at $5,426,000 after buying an additional 19,563 shares during the last quarter. 43.08% of the stock is owned by institutional investors.

Invesco QQQ Trust Stock Down 0.5 %

Invesco QQQ Trust stock opened at $305.36 on Friday. The stock has a 50-day simple moving average of $294.12 and a 200 day simple moving average of $284.38. Invesco QQQ Trust has a 12-month low of $254.26 and a 12-month high of $371.83.

About Invesco QQQ Trust

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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.