Central Pacific Bank Trust Division Boosts Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Central Pacific Bank Trust Division grew its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 11.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,602 shares of the exchange traded fund’s stock after buying an additional 2,308 shares during the period. Invesco QQQ accounts for about 1.5% of Central Pacific Bank Trust Division’s investment portfolio, making the stock its 8th biggest holding. Central Pacific Bank Trust Division’s holdings in Invesco QQQ were worth $11,555,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Legacy Bridge LLC grew its holdings 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 during the period. BNP Paribas bought a new stake in shares of Invesco QQQ in the 3rd quarter worth approximately $62,000. Ritter Daniher Financial Advisory LLC DE boosted its holdings in Invesco QQQ by 75.9% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after buying an additional 63 shares in the last quarter. Providence Capital Advisors LLC acquired a new position in Invesco QQQ in the second quarter worth approximately $76,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of Invesco QQQ during the 3rd quarter valued at $91,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.7 %

Shares of Invesco QQQ stock traded up $8.72 on Friday, reaching $518.95. 16,994,393 shares of the company were exchanged, compared to its average volume of 26,481,867. The stock has a fifty day moving average price of $512.17 and a 200-day moving average price of $489.54. Invesco QQQ has a fifty-two week low of $395.34 and a fifty-two week high of $539.15.

Invesco QQQ Dividend Announcement

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

Invesco QQQ Company 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.