Whittier Trust Co. Grows Stock Holdings in Invesco QQQ Trust (NASDAQ:QQQ)

Whittier Trust Co. raised its holdings in Invesco QQQ Trust (NASDAQ:QQQ) by 4.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,794 shares of the exchange traded fund’s stock after purchasing an additional 1,836 shares during the quarter. Whittier Trust Co.’s holdings in Invesco QQQ Trust were worth $8,080,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. FMR LLC grew its stake in shares of Invesco QQQ Trust by 4.4% during the 1st quarter. FMR LLC now owns 155,853 shares of the exchange traded fund’s stock valued at $28,000,000 after buying an additional 6,637 shares during the period. WT Asset Management Ltd boosted its stake in shares of Invesco QQQ Trust by 285.5% in the 1st quarter. WT Asset Management Ltd now owns 231,300 shares of the exchange traded fund’s stock valued at $41,555,000 after purchasing an additional 171,300 shares in the last quarter. Park National Corp OH boosted its stake in shares of Invesco QQQ Trust by 1.1% in the 2nd quarter. Park National Corp OH now owns 7,009 shares of the exchange traded fund’s stock valued at $1,309,000 after purchasing an additional 77 shares in the last quarter. Silverleafe Capital Partners LLC boosted its stake in shares of Invesco QQQ Trust by 1.2% in the 2nd quarter. Silverleafe Capital Partners LLC now owns 61,657 shares of the exchange traded fund’s stock valued at $11,514,000 after purchasing an additional 741 shares in the last quarter. Finally, Montecito Bank & Trust boosted its stake in shares of Invesco QQQ Trust by 1.6% in the 2nd quarter. Montecito Bank & Trust now owns 16,005 shares of the exchange traded fund’s stock valued at $2,989,000 after purchasing an additional 257 shares in the last quarter. 46.87% of the stock is currently owned by institutional investors.

QQQ opened at $192.71 on Monday. The company’s 50 day moving average is $189.75 and its 200-day moving average is $187.00. Invesco QQQ Trust has a 1-year low of $143.46 and a 1-year high of $195.55.

The business also recently declared a — dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, September 24th will be paid a $0.3842 dividend. The ex-dividend date of this dividend is Monday, September 23rd. This represents a dividend yield of 0.8%.

Invesco QQQ Trust 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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Institutional Ownership by Quarter for Invesco QQQ Trust (NASDAQ:QQQ)

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