Park National Corp OH cut its position in Invesco QQQ Trust (NASDAQ:QQQ) by 18.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,600 shares of the exchange traded fund’s stock after selling 607 shares during the quarter. Park National Corp OH’s holdings in Invesco QQQ Trust were worth $830,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. Family Capital Trust Co boosted its stake in shares of Invesco QQQ Trust by 3.3% in the fourth quarter. Family Capital Trust Co now owns 962 shares of the exchange traded fund’s stock valued at $302,000 after purchasing an additional 31 shares during the period. Bellecapital International Ltd. boosted its stake in Invesco QQQ Trust by 2.9% during the 4th quarter. Bellecapital International Ltd. now owns 1,132 shares of the exchange traded fund’s stock valued at $355,000 after acquiring an additional 32 shares during the last quarter. Gryphon Financial Partners LLC boosted its stake in Invesco QQQ Trust by 1.0% during the 4th quarter. Gryphon Financial Partners LLC now owns 3,385 shares of the exchange traded fund’s stock valued at $1,062,000 after acquiring an additional 32 shares during the last quarter. Miramar Capital LLC boosted its stake in Invesco QQQ Trust by 3.2% during the 4th quarter. Miramar Capital LLC now owns 1,109 shares of the exchange traded fund’s stock valued at $370,000 after acquiring an additional 34 shares during the last quarter. Finally, Cypress Asset Management Inc. TX boosted its stake in Invesco QQQ Trust by 0.5% during the 4th quarter. Cypress Asset Management Inc. TX now owns 6,284 shares of the exchange traded fund’s stock valued at $1,972,000 after acquiring an additional 34 shares during the last quarter. Institutional investors and hedge funds own 47.01% of the company’s stock.

NASDAQ QQQ opened at $334.86 on Thursday. Invesco QQQ Trust has a 12 month low of $196.17 and a 12 month high of $338.19. The company’s fifty day moving average price is $318.32 and its two-hundred day moving average price is $311.09.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 30th. Shareholders of record on Tuesday, March 23rd will be paid a dividend of $0.395 per share. The ex-dividend date of this dividend is Monday, March 22nd. This represents a $1.58 dividend on an annualized basis and a yield of 0.47%.

Invesco QQQ Trust 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.

See Also: Inverted Yield Curve

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

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