Daiwa Securities Group Inc. Purchases 7,020 Shares of Invesco QQQ Trust (NASDAQ:QQQ)

Daiwa Securities Group Inc. grew its position in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 18.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,620 shares of the exchange traded fund’s stock after buying an additional 7,020 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Invesco QQQ Trust were worth $8,425,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of QQQ. FMR LLC lifted its position in shares of Invesco QQQ Trust by 4.4% during the first quarter. FMR LLC now owns 155,853 shares of the exchange traded fund’s stock worth $28,000,000 after purchasing an additional 6,637 shares in the last quarter. Park National Corp OH lifted its holdings in Invesco QQQ Trust by 1.1% in the second quarter. Park National Corp OH now owns 7,009 shares of the exchange traded fund’s stock valued at $1,309,000 after buying an additional 77 shares during the period. Silverleafe Capital Partners LLC lifted its holdings in Invesco QQQ Trust by 1.2% in the second quarter. Silverleafe Capital Partners LLC now owns 61,657 shares of the exchange traded fund’s stock valued at $11,514,000 after buying an additional 741 shares during the period. Montecito Bank & Trust lifted its holdings in Invesco QQQ Trust by 1.6% in the second quarter. Montecito Bank & Trust now owns 16,005 shares of the exchange traded fund’s stock valued at $2,989,000 after buying an additional 257 shares during the period. Finally, Rockland Trust Co. lifted its holdings in Invesco QQQ Trust by 8.9% in the second quarter. Rockland Trust Co. now owns 2,090 shares of the exchange traded fund’s stock valued at $390,000 after buying an additional 170 shares during the period. 42.79% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ QQQ traded up $0.75 during trading hours on Friday, hitting $201.18. The company’s stock had a trading volume of 1,389,432 shares, compared to its average volume of 21,631,316. The stock has a fifty day moving average of $192.20 and a 200 day moving average of $188.14. Invesco QQQ Trust has a twelve month low of $143.46 and a twelve month high of $201.72.

The firm also recently disclosed a — dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, September 24th were issued a $0.3842 dividend. The ex-dividend date was Monday, September 23rd. This represents a 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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