Trust Co. of Vermont decreased its position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 13.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,736 shares of the exchange traded fund's stock after selling 1,829 shares during the period. Trust Co. of Vermont's holdings in Invesco QQQ were worth $5,503,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also bought and sold shares of QQQ. Bridge Generations Wealth Management LLC purchased a new stake in Invesco QQQ in the 4th quarter worth about $35,000. Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of Invesco QQQ during the fourth quarter valued at approximately $36,000. Alpine Bank Wealth Management purchased a new stake in shares of Invesco QQQ in the first quarter worth approximately $50,000. Banque Transatlantique SA bought a new stake in shares of Invesco QQQ during the 4th quarter worth approximately $57,000. Finally, Perritt Capital Management Inc bought a new stake in shares of Invesco QQQ during the 4th quarter worth approximately $61,000. Institutional investors own 44.58% of the company's stock.
Invesco QQQ Stock Performance
QQQ opened at $548.09 on Friday. The business has a fifty day moving average of $509.76 and a 200 day moving average of $504.06. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $549.99.
Invesco QQQ Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Monday, June 23rd will be paid a dividend of $0.5911 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date is Monday, June 23rd.
Invesco QQQ Profile
(
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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