Parkside Financial Bank & Trust Buys 234 Shares of Invesco QQQ Trust (NASDAQ:QQQ)

Parkside Financial Bank & Trust lifted its stake in Invesco QQQ Trust (NASDAQ:QQQ) by 10.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,574 shares of the exchange traded fund’s stock after buying an additional 234 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Invesco QQQ Trust were worth $486,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Murphy Middleton Hinkle & Parker Inc. raised its stake in shares of Invesco QQQ Trust by 1.8% in the second quarter. Murphy Middleton Hinkle & Parker Inc. now owns 2,872 shares of the exchange traded fund’s stock worth $536,000 after buying an additional 52 shares during the period. Hartford Financial Management Inc. raised its stake in Invesco QQQ Trust by 4.5% during the 2nd quarter. Hartford Financial Management Inc. now owns 1,235 shares of the exchange traded fund’s stock valued at $231,000 after purchasing an additional 53 shares during the period. Sigma Investment Counselors Inc. raised its stake in Invesco QQQ Trust by 1.1% during the 3rd quarter. Sigma Investment Counselors Inc. now owns 5,047 shares of the exchange traded fund’s stock valued at $953,000 after purchasing an additional 54 shares during the period. 9258 Wealth Management LLC raised its stake in Invesco QQQ Trust by 1.8% during the 2nd quarter. 9258 Wealth Management LLC now owns 3,300 shares of the exchange traded fund’s stock valued at $616,000 after purchasing an additional 57 shares during the period. Finally, Gradient Investments LLC raised its stake in Invesco QQQ Trust by 8.3% during the 3rd quarter. Gradient Investments LLC now owns 757 shares of the exchange traded fund’s stock valued at $143,000 after purchasing an additional 58 shares during the period. 42.79% of the stock is currently owned by hedge funds and other institutional investors.

QQQ traded up $0.80 on Friday, hitting $201.23. 15,258,500 shares of the company’s stock traded hands, compared to its average volume of 32,049,098. Invesco QQQ Trust has a one year low of $143.46 and a one year high of $201.72. The company’s 50 day simple moving average is $192.35 and its 200-day simple moving average is $188.20.

The business also recently announced a — dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, September 24th were paid a $0.3842 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a dividend yield of 0.8%.

About Invesco QQQ Trust

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

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