FineMark National Bank & Trust increased its stake in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 1.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,175 shares of the exchange traded fund’s stock after buying an additional 102 shares during the quarter. FineMark National Bank & Trust’s holdings in Invesco QQQ Trust were worth $1,828,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in QQQ. Ellis Investment Partners LLC grew its holdings in Invesco QQQ Trust by 17,883.3% during the first quarter. Ellis Investment Partners LLC now owns 6,329,777 shares of the exchange traded fund’s stock worth $6,329,000 after buying an additional 6,294,579 shares in the last quarter. Deutsche Bank AG grew its holdings in Invesco QQQ Trust by 267,182.0% during the fourth quarter. Deutsche Bank AG now owns 5,043,612 shares of the exchange traded fund’s stock worth $778,025,000 after buying an additional 5,041,725 shares in the last quarter. CHURCHILL MANAGEMENT Corp bought a new stake in Invesco QQQ Trust during the first quarter worth $596,218,000. Pictet North America Advisors SA grew its holdings in Invesco QQQ Trust by 14,018.3% during the fourth quarter. Pictet North America Advisors SA now owns 3,041,795 shares of the exchange traded fund’s stock worth $469,227,000 after buying an additional 3,020,250 shares in the last quarter. Finally, Banque Pictet & Cie SA grew its holdings in Invesco QQQ Trust by 569.1% during the fourth quarter. Banque Pictet & Cie SA now owns 3,159,757 shares of the exchange traded fund’s stock worth $487,424,000 after buying an additional 2,687,482 shares in the last quarter. Institutional investors and hedge funds own 44.15% of the company’s stock.

Shares of Invesco QQQ Trust stock opened at $179.95 on Tuesday. Invesco QQQ Trust has a 12-month low of $143.46 and a 12-month high of $191.32.

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th were issued a dividend of $0.3242 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.30 annualized dividend and a yield of 0.72%.

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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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