Invesco QQQ (NASDAQ:QQQ) Shares Sold by Park National Corp OH

Park National Corp OH cut its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 18.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,423 shares of the exchange traded fund’s stock after selling 542 shares during the period. Park National Corp OH’s holdings in Invesco QQQ were worth $1,239,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Lantz Financial LLC acquired a new stake in Invesco QQQ during the 2nd quarter valued at approximately $214,000. Principal Financial Group Inc. increased its stake in Invesco QQQ by 4.7% during the second quarter. Principal Financial Group Inc. now owns 8,048 shares of the exchange traded fund’s stock valued at $3,856,000 after purchasing an additional 363 shares during the last quarter. MGO One Seven LLC boosted its holdings in shares of Invesco QQQ by 27.4% in the 2nd quarter. MGO One Seven LLC now owns 32,876 shares of the exchange traded fund’s stock valued at $15,751,000 after buying an additional 7,076 shares during the period. Morling Financial Advisors LLC bought a new position in Invesco QQQ in the second quarter worth about $207,000. Finally, Brasada Capital Management LP boosted its position in Invesco QQQ by 130.2% during the 2nd quarter. Brasada Capital Management LP now owns 1,159 shares of the exchange traded fund’s stock valued at $570,000 after purchasing an additional 5,000 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

NASDAQ QQQ opened at $515.27 on Thursday. The company has a 50-day moving average price of $513.89 and a two-hundred day moving average price of $490.56. Invesco QQQ has a 52 week low of $401.71 and a 52 week high of $539.15.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco QQQ 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.