Haverford Trust Co Boosts Stake in Invesco QQQ (NASDAQ:QQQ)

Haverford Trust Co lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 1.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 22,315 shares of the exchange traded fund’s stock after acquiring an additional 399 shares during the quarter. Haverford Trust Co’s holdings in Invesco QQQ were worth $11,408,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. SOA Wealth Advisors LLC. grew its stake in shares of Invesco QQQ by 0.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock valued at $8,477,000 after purchasing an additional 46 shares during the period. Icon Wealth Advisors LLC lifted its position in shares of Invesco QQQ by 16.7% during the 3rd quarter. Icon Wealth Advisors LLC now owns 1,081 shares of the exchange traded fund’s stock valued at $528,000 after buying an additional 155 shares in the last quarter. Nicolet Advisory Services LLC grew its stake in shares of Invesco QQQ by 9.7% during the 3rd quarter. Nicolet Advisory Services LLC now owns 1,200 shares of the exchange traded fund’s stock valued at $578,000 after acquiring an additional 106 shares during the period. Towercrest Capital Management increased its holdings in Invesco QQQ by 30.2% in the 3rd quarter. Towercrest Capital Management now owns 2,562 shares of the exchange traded fund’s stock worth $1,250,000 after acquiring an additional 595 shares in the last quarter. Finally, Lane & Associates LLC lifted its holdings in Invesco QQQ by 2.2% during the third quarter. Lane & Associates LLC now owns 2,016 shares of the exchange traded fund’s stock valued at $984,000 after purchasing an additional 44 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Up 0.3 %

NASDAQ:QQQ opened at $480.84 on Monday. The stock has a market cap of $303.05 billion, a PE ratio of 30.74 and a beta of 1.11. The business’s 50-day simple moving average is $511.30 and its two-hundred day simple moving average is $504.45. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $540.81.

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.