Invesco QQQ Trust (NASDAQ:QQQ) Shares Purchased by Essex Savings Bank

Essex Savings Bank boosted its stake in Invesco QQQ Trust (NASDAQ:QQQFree Report) by 0.5% in the 4th quarter, Holdings Channel reports. The firm owned 7,453 shares of the exchange traded fund’s stock after buying an additional 40 shares during the quarter. Invesco QQQ Trust accounts for approximately 0.9% of Essex Savings Bank’s portfolio, making the stock its 21st biggest position. Essex Savings Bank’s holdings in Invesco QQQ Trust were worth $3,052,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Silverlake Wealth Management LLC grew its stake in shares of Invesco QQQ Trust by 8.6% during the fourth quarter. Silverlake Wealth Management LLC now owns 1,210 shares of the exchange traded fund’s stock valued at $495,000 after acquiring an additional 96 shares in the last quarter. Zimmermann Investment Management & Planning LLC grew its stake in shares of Invesco QQQ Trust by 7.2% during the fourth quarter. Zimmermann Investment Management & Planning LLC now owns 46,495 shares of the exchange traded fund’s stock valued at $19,041,000 after acquiring an additional 3,137 shares in the last quarter. Retirement Guys Formula LLC grew its stake in shares of Invesco QQQ Trust by 14.9% during the fourth quarter. Retirement Guys Formula LLC now owns 1,726 shares of the exchange traded fund’s stock valued at $707,000 after acquiring an additional 224 shares in the last quarter. JB Capital LLC grew its stake in shares of Invesco QQQ Trust by 2.5% during the fourth quarter. JB Capital LLC now owns 25,509 shares of the exchange traded fund’s stock valued at $10,447,000 after acquiring an additional 616 shares in the last quarter. Finally, Veracity Capital LLC grew its stake in shares of Invesco QQQ Trust by 16.8% during the fourth quarter. Veracity Capital LLC now owns 1,751 shares of the exchange traded fund’s stock valued at $717,000 after acquiring an additional 252 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trust Stock Up 0.1 %

Shares of Invesco QQQ Trust stock traded up $0.48 during trading hours on Monday, hitting $444.49. 21,909,696 shares of the company’s stock traded hands, compared to its average volume of 44,571,707. The stock has a 50 day simple moving average of $434.91 and a 200-day simple moving average of $400.81. Invesco QQQ Trust has a twelve month low of $309.89 and a twelve month high of $449.34.

Invesco QQQ Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, March 19th will be given a dividend of $0.5735 per share. The ex-dividend date is Monday, March 18th. This represents a $2.29 annualized dividend and a dividend yield of 0.52%.

Invesco QQQ Trust Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ Trust (NASDAQ:QQQFree Report).

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

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