Invesco QQQ (NASDAQ:QQQ) Shares Purchased by First National Trust Co

First National Trust Co grew its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 1.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 7,005 shares of the exchange traded fund’s stock after acquiring an additional 86 shares during the period. First National Trust Co’s holdings in Invesco QQQ were worth $3,419,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of QQQ. New Covenant Trust Company N.A. purchased a new stake in shares of Invesco QQQ in the 1st quarter valued at approximately $28,000. Mechanics Financial Corp acquired a new stake in shares of Invesco QQQ in the second quarter worth $30,000. Chelsea Counsel Co. purchased a new position in shares of Invesco QQQ during the first quarter valued at $40,000. CGC Financial Services LLC raised its position in Invesco QQQ by 736.4% during the second quarter. CGC Financial Services LLC now owns 92 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 81 shares during the period. Finally, PFG Private Wealth Management LLC raised its position in Invesco QQQ by 572.2% during the second quarter. PFG Private Wealth Management LLC now owns 121 shares of the exchange traded fund’s stock valued at $58,000 after buying an additional 103 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $512.91 on Wednesday. Invesco QQQ has a one year low of $375.24 and a one year high of $515.58. The business has a 50-day moving average price of $485.37 and a two-hundred day moving average price of $472.57.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 23rd were issued a dividend of $0.677 per share. This represents a $2.71 annualized dividend and a dividend yield of 0.53%. The ex-dividend date was Monday, September 23rd.

About Invesco QQQ

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.