Invesco QQQ (NASDAQ:QQQ) Shares Sold by CENTRAL TRUST Co

CENTRAL TRUST Co lowered its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 9.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,680 shares of the exchange traded fund’s stock after selling 2,481 shares during the period. CENTRAL TRUST Co’s holdings in Invesco QQQ were worth $11,069,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of QQQ. New Covenant Trust Company N.A. acquired a new position in shares of Invesco QQQ in the first quarter valued at approximately $28,000. Mechanics Financial Corp purchased a new position in Invesco QQQ in the 2nd quarter valued at $30,000. Chelsea Counsel Co. acquired a new position in Invesco QQQ in the 1st quarter valued at $40,000. CGC Financial Services LLC raised its position in Invesco QQQ by 736.4% during the 2nd quarter. CGC Financial Services LLC now owns 92 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 81 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. lifted its stake in shares of Invesco QQQ by 30.4% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 103 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 24 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.8 %

Shares of Invesco QQQ stock opened at $492.32 on Friday. Invesco QQQ has a 52-week low of $342.35 and a 52-week high of $503.52. The company’s 50-day simple moving average is $479.75 and its 200-day simple moving average is $466.12.

Invesco QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Monday, September 23rd will be given a dividend of $0.677 per share. This represents a $2.71 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend is Monday, September 23rd.

About Invesco QQQ

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.