Lucia Wealth Services LLC Has $95,000 Stock Position in Invesco QQQ Trust (NASDAQ:QQQ)

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Lucia Wealth Services LLC lowered its holdings in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 28.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 342 shares of the exchange traded fund’s stock after selling 135 shares during the period. Lucia Wealth Services LLC’s holdings in Invesco QQQ Trust were worth $95,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in QQQ. Morgan Stanley boosted its position in shares of Invesco QQQ Trust by 75.3% during the first quarter. Morgan Stanley now owns 15,893,579 shares of the exchange traded fund’s stock valued at $3,026,138,000 after buying an additional 6,827,922 shares during the period. Envestnet Asset Management Inc. raised its holdings in Invesco QQQ Trust by 76.1% in the third quarter. Envestnet Asset Management Inc. now owns 5,219,150 shares of the exchange traded fund’s stock valued at $1,450,089,000 after acquiring an additional 2,255,392 shares in the last quarter. TD Asset Management Inc. raised its holdings in Invesco QQQ Trust by 511.6% in the second quarter. TD Asset Management Inc. now owns 3,465,998 shares of the exchange traded fund’s stock valued at $858,181,000 after acquiring an additional 2,899,298 shares in the last quarter. Nippon Life Insurance Co. raised its holdings in Invesco QQQ Trust by 214.3% in the second quarter. Nippon Life Insurance Co. now owns 3,239,278 shares of the exchange traded fund’s stock valued at $802,045,000 after acquiring an additional 2,208,514 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co raised its holdings in Invesco QQQ Trust by 226.0% in the third quarter. Varma Mutual Pension Insurance Co now owns 2,730,972 shares of the exchange traded fund’s stock valued at $758,773,000 after acquiring an additional 1,893,293 shares in the last quarter. 42.99% of the stock is owned by institutional investors and hedge funds.

QQQ traded down $0.91 during trading on Tuesday, hitting $292.29. The company had a trading volume of 291,510 shares, compared to its average volume of 49,660,332. The business has a 50-day moving average of $283.22 and a 200-day moving average of $261.91. Invesco QQQ Trust has a 1-year low of $164.93 and a 1-year high of $303.50.

The business also recently declared a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Tuesday, September 22nd were issued a $0.388 dividend. The ex-dividend date was Monday, September 21st. This represents a $1.55 annualized dividend and a yield of 0.53%.

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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