EP Wealth Advisors LLC Has $37.32 Million Position in Invesco QQQ (NASDAQ:QQQ)

EP Wealth Advisors LLC boosted its holdings in Invesco QQQ (NASDAQ:QQQ) by 6.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 91,139 shares of the exchange traded fund’s stock after buying an additional 5,251 shares during the period. EP Wealth Advisors LLC’s holdings in Invesco QQQ were worth $37,323,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of QQQ. International Assets Investment Management LLC increased its position in shares of Invesco QQQ by 40,957.3% during the fourth quarter. International Assets Investment Management LLC now owns 28,332,433 shares of the exchange traded fund’s stock worth $11,602,698,000 after acquiring an additional 28,263,426 shares in the last quarter. Comerica Bank bought a new position in Invesco QQQ in the third quarter valued at $140,657,000. Granite Bay Wealth Management LLC grew its position in Invesco QQQ by 47.1% in the fourth quarter. Granite Bay Wealth Management LLC now owns 1,183,279 shares of the exchange traded fund’s stock valued at $451,075,000 after purchasing an additional 378,922 shares in the last quarter. CHURCHILL MANAGEMENT Corp grew its position in Invesco QQQ by 36.3% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,413,069 shares of the exchange traded fund’s stock valued at $578,680,000 after purchasing an additional 376,661 shares in the last quarter. Finally, Cerity Partners LLC grew its position in Invesco QQQ by 77.2% in the fourth quarter. Cerity Partners LLC now owns 842,894 shares of the exchange traded fund’s stock valued at $345,182,000 after purchasing an additional 367,317 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 0.5 %

Invesco QQQ stock traded up $2.47 during mid-day trading on Friday, reaching $479.19. The company’s stock had a trading volume of 23,372,620 shares, compared to its average volume of 28,164,470. Invesco QQQ has a 12 month low of $342.35 and a 12 month high of $479.26. The business’s 50 day simple moving average is $445.24 and its 200 day simple moving average is $429.91.

Invesco QQQ 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.