Titus Wealth Management Has $4.43 Million Stake in Invesco QQQ Trust (NASDAQ:QQQ)

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Titus Wealth Management lowered its stake in Invesco QQQ Trust (NASDAQ:QQQ) by 1.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,699 shares of the exchange traded fund’s stock after selling 400 shares during the quarter. Invesco QQQ Trust makes up 3.8% of Titus Wealth Management’s investment portfolio, making the stock its 7th largest holding. Titus Wealth Management’s holdings in Invesco QQQ Trust were worth $4,427,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. CX Institutional increased its position in Invesco QQQ Trust by 1,811.1% in the 4th quarter. CX Institutional now owns 344 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 326 shares during the period. LS Investment Advisors LLC boosted its stake in Invesco QQQ Trust by 25.0% in the 4th quarter. LS Investment Advisors LLC now owns 375 shares of the exchange traded fund’s stock valued at $58,000 after buying an additional 75 shares in the last quarter. Delta Asset Management LLC TN boosted its stake in Invesco QQQ Trust by 149.1% in the 4th quarter. Delta Asset Management LLC TN now owns 436 shares of the exchange traded fund’s stock valued at $67,000 after buying an additional 261 shares in the last quarter. Lenox Wealth Management Inc. boosted its stake in Invesco QQQ Trust by 848.8% in the fourth quarter. Lenox Wealth Management Inc. now owns 1,167 shares of the exchange traded fund’s stock worth $87,000 after purchasing an additional 1,044 shares in the last quarter. Finally, Lindbrook Capital LLC acquired a new position in Invesco QQQ Trust in the fourth quarter worth $94,000. 48.75% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Trust stock opened at $176.71 on Friday. Invesco QQQ Trust has a 52 week low of $143.46 and a 52 week high of $187.53.

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Invesco QQQ Trust 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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