Charles Schwab Trust Co Has $954,000 Holdings in Invesco QQQ (NASDAQ:QQQ)

by · The Markets Daily

Charles Schwab Trust Co trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 16.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,867 shares of the exchange traded fund’s stock after selling 360 shares during the period. Charles Schwab Trust Co’s holdings in Invesco QQQ were worth $954,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of QQQ. Hoese & Co LLP lifted its position in shares of Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 20 shares during the last quarter. Legacy Bridge LLC raised its stake in Invesco QQQ by 60.0% during the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 45 shares in the last quarter. BNP Paribas acquired a new stake in shares of Invesco QQQ in the 3rd quarter valued at approximately $62,000. Brooklyn Investment Group bought a new stake in shares of Invesco QQQ during the 4th quarter valued at approximately $69,000. Finally, Pacifica Partners Inc. bought a new stake in shares of Invesco QQQ during the 4th quarter valued at approximately $73,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ opened at $524.80 on Wednesday. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15. The firm has a 50 day simple moving average of $516.10 and a 200 day simple moving average of $492.33.

Invesco QQQ Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a dividend of $0.8347 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco QQQ

(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.

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