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News  ›  The Motley Fool

Investment Manager Expands QQQ Position, According to Latest SEC Filing

The Motley Fool Logo The Motley Fool • •By Jake Lerch
Investment Manager Expands QQQ Position, According to Latest SEC Filing

McElhenny Sheffield Capital Management purchased 7,685 shares of Invesco QQQ Trust, valued at $4.40 million, increasing its position to 96,167 shares worth $57.74 million, representing 13.68% of its assets under management.

Insights
JPMpK   positive

Included in the recommended fund's portfolio as a top performer


QQQ   positive

ETF has outperformed S&P 500 with 23.4% annual return and 499% 10-year performance, demonstrating strong tech sector exposure