CENTRAL TRUST Co Has $10.01 Million Stake in Invesco QQQ Trust (NASDAQ:QQQ)

CENTRAL TRUST Co boosted its holdings in shares of Invesco QQQ Trust (NASDAQ:QQQ – Get Rating) by 29.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,444 shares of the exchange traded fund’s stock after buying an additional 8,571 shares during the quarter. CENTRAL TRUST Co’s holdings in Invesco QQQ Trust were worth $10,007,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of QQQ. Providence First Trust Co acquired a new stake in shares of Invesco QQQ Trust in the third quarter valued at about $41,000. Hoese & Co LLP grew its position in shares of Invesco QQQ Trust by 153.8% in the third quarter. Hoese & Co LLP now owns 165 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 100 shares during the last quarter. Surevest LLC grew its position in shares of Invesco QQQ Trust by 60.2% in the third quarter. Surevest LLC now owns 213 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 80 shares during the last quarter. Syverson Strege & Co lifted its stake in shares of Invesco QQQ Trust by 140.6% in the second quarter. Syverson Strege & Co now owns 243 shares of the exchange traded fund’s stock valued at $68,000 after buying an additional 142 shares during the period. Finally, FSC Wealth Advisors LLC lifted its stake in shares of Invesco QQQ Trust by 541.5% in the third quarter. FSC Wealth Advisors LLC now owns 263 shares of the exchange traded fund’s stock valued at $70,000 after buying an additional 222 shares during the period. 43.08% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trust Trading Up 0.5 %

NASDAQ QQQ opened at $298.93 on Thursday. The firm has a 50-day simple moving average of $292.49 and a 200 day simple moving average of $284.33. Invesco QQQ Trust has a twelve month low of $254.26 and a twelve month high of $371.83.

Invesco QQQ Trust Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 23rd. Investors of record on Tuesday, December 20th were paid a $0.655 dividend. This represents a $2.62 annualized dividend and a dividend yield of 0.88%. The ex-dividend date was Monday, December 19th. This is a boost from Invesco QQQ Trust’s previous quarterly dividend of $0.52.

Invesco QQQ Trust Company Profile

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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.