Institutional investors adjust positions in Nucor and Invesco QQQ

Recent SEC filings reveal significant shifts in institutional holdings for Nucor Corporation and the Invesco QQQ Trust ETF.

Regarding Nucor Corporation, Sax Wealth Advisors LLC significantly increased its stake by 224.2% during the third quarter, bringing its total holdings to 7,926 shares valued at approximately $1,853,000. Other institutional moves include Sanders Morris Harris LLC acquiring 5,566 shares, while NorthCrest Asset Management LLC established a new position. Conversely, EVP Thomas Batterbee sold 4,000 shares in early August at an average price of $261.02.

For the Invesco QQQ Trust, investment activity was mixed during the third quarter. Sax Wealth Advisors LLC increased its position by 16.6%, while several other firms, including Refined Wealth Management and Fragasso Financial Advisors Inc, also grew their stakes. However, Paller Financial Services Inc reduced its holdings in the ETF by 38.2%, selling 2,022 shares.