Central Pacific Bank Trust Division Has $4.90 Million Holdings in Invesco QQQ $QQQ

Central Pacific Bank Trust Division cut its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 16.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 7,982 shares of the exchange traded fund’s stock after selling 1,616 shares during the period. Invesco QQQ accounts for about 0.6% of Central Pacific Bank Trust Division’s investment portfolio, making the stock its 28th largest holding. Central Pacific Bank Trust Division’s holdings in Invesco QQQ were worth $4,903,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Goodman Advisory Group LLC acquired a new stake in Invesco QQQ during the third quarter worth $25,000. Shcp LLC acquired a new position in shares of Invesco QQQ in the 3rd quarter valued at $27,000. Navigoe LLC lifted its holdings in shares of Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 45 shares during the period. Measured Wealth Private Client Group LLC bought a new position in shares of Invesco QQQ during the 3rd quarter worth about $40,000. Finally, PayPay Securities Corp boosted its position in shares of Invesco QQQ by 78.9% during the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 30 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $582.06 on Friday. The company’s 50-day simple moving average is $610.46 and its 200 day simple moving average is $609.19. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01.

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About Invesco QQQ

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

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