Park National Corp OH Increases Holdings in Invesco QQQ Trust (QQQ)

Park National Corp OH raised its position in Invesco QQQ Trust (NASDAQ:QQQ) by 5.0% in the first quarter, HoldingsChannel.com reports. The fund owned 6,932 shares of the exchange traded fund’s stock after purchasing an additional 332 shares during the quarter. Park National Corp OH’s holdings in Invesco QQQ Trust were worth $1,246,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in QQQ. Pettyjohn Wood & White Inc. boosted its position in shares of Invesco QQQ Trust by 2.1% during the third quarter. Pettyjohn Wood & White Inc. now owns 27,458 shares of the exchange traded fund’s stock valued at $5,101,000 after buying an additional 575 shares during the last quarter. First Manhattan Co. lifted its holdings in Invesco QQQ Trust by 8.3% during the fourth quarter. First Manhattan Co. now owns 6,929 shares of the exchange traded fund’s stock worth $1,069,000 after acquiring an additional 530 shares during the period. Chicago Partners Investment Group LLC lifted its holdings in Invesco QQQ Trust by 10.2% during the fourth quarter. Chicago Partners Investment Group LLC now owns 10,931 shares of the exchange traded fund’s stock worth $1,763,000 after acquiring an additional 1,010 shares during the period. Whitnell & Co. lifted its holdings in Invesco QQQ Trust by 306.1% during the fourth quarter. Whitnell & Co. now owns 796 shares of the exchange traded fund’s stock worth $123,000 after acquiring an additional 600 shares during the period. Finally, Heritage Wealth Advisors bought a new stake in Invesco QQQ Trust during the fourth quarter worth $159,000. 46.59% of the stock is owned by hedge funds and other institutional investors.

Shares of Invesco QQQ Trust stock opened at $182.13 on Tuesday. Invesco QQQ Trust has a 12 month low of $143.46 and a 12 month high of $187.53.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th will be issued a dividend of $0.3242 per share. The ex-dividend date is Monday, March 18th. This represents a $1.30 dividend on an annualized basis and a yield of 0.71%.

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Invesco QQQ Trust 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.

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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ Trust (NASDAQ:QQQ).

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

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