Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,548 shares of the exchange traded fund’s stock after acquiring an additional 1,483 shares during the period. Invesco QQQ accounts for 0.8% of Whittier Trust Co. of Nevada Inc.’s portfolio, making the stock its 24th largest position. Whittier Trust Co. of Nevada Inc.’s holdings in Invesco QQQ were worth $31,465,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. PayPay Securities Corp increased its stake in Invesco QQQ by 276.9% during the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 36 shares during the last quarter. Roxbury Financial LLC bought a new stake in Invesco QQQ during the fourth quarter valued at $37,000. Hoese & Co LLP increased its stake in Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares during the last quarter. Midwest Capital Advisors LLC bought a new stake in Invesco QQQ during the fourth quarter valued at $51,000. Finally, BNP Paribas bought a new stake in Invesco QQQ during the third quarter valued at $62,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

QQQ stock opened at $479.26 on Friday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $540.81. The firm has a fifty day moving average price of $511.83 and a two-hundred day moving average price of $503.82. The firm has a market cap of $302.05 billion, a price-to-earnings ratio of 30.74 and a beta of 1.11.

Invesco QQQ Announces Dividend

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

Invesco QQQ 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.