Scotia Capital Inc. cut its holdings in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 5.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,474 shares of the exchange traded fund’s stock after selling 5,037 shares during the quarter. Scotia Capital Inc.’s holdings in Invesco QQQ Trust were worth $15,589,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Macroview Investment Management LLC lifted its stake in Invesco QQQ Trust by 112.7% in the second quarter. Macroview Investment Management LLC now owns 135 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 1,200 shares during the last quarter. Farmers National Bank bought a new position in shares of Invesco QQQ Trust during the 1st quarter worth approximately $28,000. Larson Financial Group LLC acquired a new position in shares of Invesco QQQ Trust during the 2nd quarter worth approximately $29,000. Crosspoint Capital Strategies LLC acquired a new position in shares of Invesco QQQ Trust during the 1st quarter worth approximately $43,000. Finally, Lenox Wealth Management Inc. increased its holdings in shares of Invesco QQQ Trust by 33.8% during the 2nd quarter. Lenox Wealth Management Inc. now owns 475 shares of the exchange traded fund’s stock worth $88,000 after acquiring an additional 120 shares during the last quarter. 45.92% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ:QQQ traded up $1.79 on Wednesday, hitting $192.43. The company had a trading volume of 12,527,417 shares, compared to its average volume of 28,154,970. Invesco QQQ Trust has a 1-year low of $143.46 and a 1-year high of $195.55. The stock has a 50 day moving average price of $188.08 and a 200 day moving average price of $184.41.

Invesco QQQ Trust 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.

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Institutional Ownership by Quarter for Invesco QQQ Trust (NASDAQ:QQQ)

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