Trust Co of Kansas Increases Stock Position in Invesco QQQ (NASDAQ:QQQ)

Trust Co of Kansas grew its stake in Invesco QQQ (NASDAQ:QQQ) by 104.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 951 shares of the exchange traded fund’s stock after buying an additional 485 shares during the period. Trust Co of Kansas’ holdings in Invesco QQQ were worth $486,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in QQQ. Vanguard Personalized Indexing Management LLC raised its position in Invesco QQQ by 9.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 1,491 shares of the exchange traded fund’s stock worth $714,000 after purchasing an additional 125 shares during the period. Benjamin Edwards Inc. grew its stake in shares of Invesco QQQ by 10.3% during the second quarter. Benjamin Edwards Inc. now owns 740 shares of the exchange traded fund’s stock valued at $355,000 after buying an additional 69 shares during the last quarter. Bridges Investment Management Inc. purchased a new position in shares of Invesco QQQ in the second quarter worth about $388,000. King Luther Capital Management Corp lifted its stake in shares of Invesco QQQ by 2.1% in the 2nd quarter. King Luther Capital Management Corp now owns 8,372 shares of the exchange traded fund’s stock valued at $4,011,000 after acquiring an additional 172 shares during the last quarter. Finally, Garden State Investment Advisory Services LLC boosted its holdings in Invesco QQQ by 11.5% during the 2nd quarter. Garden State Investment Advisory Services LLC now owns 27,409 shares of the exchange traded fund’s stock valued at $13,171,000 after acquiring an additional 2,817 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.7 %

Shares of Invesco QQQ stock opened at $521.74 on Friday. Invesco QQQ has a one year low of $409.16 and a one year high of $539.15. The business’s 50 day simple moving average is $515.94 and its two-hundred day simple moving average is $492.08.

Invesco QQQ Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

Invesco QQQ 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.