JFS Wealth Advisors LLC Purchases 276 Shares of Invesco QQQ (NASDAQ:QQQ)

JFS Wealth Advisors LLC boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 3.2% in the first quarter, HoldingsChannel reports. The firm owned 8,893 shares of the exchange traded fund’s stock after acquiring an additional 276 shares during the period. JFS Wealth Advisors LLC’s holdings in Invesco QQQ were worth $4,170,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in QQQ. Proficio Capital Partners LLC increased its holdings in Invesco QQQ by 51,292.3% in the fourth quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund’s stock valued at $5,879,434,000 after purchasing an additional 11,478,188 shares during the last quarter. NWI Management LP increased its holdings in shares of Invesco QQQ by 121.6% in the fourth quarter. NWI Management LP now owns 648,000 shares of the exchange traded fund’s stock worth $331,277,000 after acquiring an additional 3,648,000 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Invesco QQQ by 55,795.2% in the first quarter. GAMMA Investing LLC now owns 1,871,929 shares of the exchange traded fund’s stock worth $8,777,850,000 after acquiring an additional 1,868,580 shares in the last quarter. Senator Investment Group LP bought a new stake in shares of Invesco QQQ in the fourth quarter worth about $679,936,000. Finally, Artemis Wealth Advisors LLC increased its holdings in shares of Invesco QQQ by 1,337.4% in the fourth quarter. Artemis Wealth Advisors LLC now owns 828,335 shares of the exchange traded fund’s stock worth $423,470,000 after acquiring an additional 895,277 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $526.83 on Monday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $540.81. The business has a 50-day moving average of $500.57 and a two-hundred day moving average of $503.16.

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.