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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