Bath Savings Trust Co grew its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 12.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 665 shares of the exchange traded fund’s stock after buying an additional 75 shares during the quarter. Bath Savings Trust Co’s holdings in Invesco QQQ were worth $325,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Greenfield Savings Bank lifted its holdings in shares of Invesco QQQ by 4.6% during the third quarter. Greenfield Savings Bank now owns 7,081 shares of the exchange traded fund’s stock worth $3,456,000 after purchasing an additional 311 shares during the period. Threadgill Financial LLC acquired a new position in shares of Invesco QQQ during the third quarter worth $472,000. Security National Bank lifted its holdings in shares of Invesco QQQ by 18.6% during the third quarter. Security National Bank now owns 1,372 shares of the exchange traded fund’s stock worth $670,000 after purchasing an additional 215 shares during the period. EWG Elevate Inc. lifted its holdings in shares of Invesco QQQ by 112.0% during the third quarter. EWG Elevate Inc. now owns 4,930 shares of the exchange traded fund’s stock worth $2,406,000 after purchasing an additional 2,604 shares during the period. Finally, Foster Group Inc. lifted its holdings in shares of Invesco QQQ by 0.3% during the third quarter. Foster Group Inc. now owns 35,887 shares of the exchange traded fund’s stock worth $17,515,000 after purchasing an additional 111 shares during the period. Institutional investors own 44.58% of the company’s stock.
Invesco QQQ Trading Up 1.5 %
Shares of NASDAQ:QQQ opened at $489.30 on Wednesday. The firm’s fifty day moving average is $469.92 and its 200-day moving average is $462.07. Invesco QQQ has a 52 week low of $342.35 and a 52 week high of $503.52.
Invesco QQQ Cuts Dividend
Invesco QQQ Company Profile
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.
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