First Financial Bank Trust Division Buys 267 Shares of Invesco QQQ $QQQ

First Financial Bank Trust Division boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 34.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,044 shares of the exchange traded fund’s stock after purchasing an additional 267 shares during the quarter. First Financial Bank Trust Division’s holdings in Invesco QQQ were worth $576,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Waller Financial Planning Group Inc. boosted its stake in Invesco QQQ by 64.7% in the 2nd quarter. Waller Financial Planning Group Inc. now owns 1,509 shares of the exchange traded fund’s stock worth $832,000 after purchasing an additional 593 shares during the period. Park National Corp OH boosted its stake in Invesco QQQ by 5.6% in the 2nd quarter. Park National Corp OH now owns 2,155 shares of the exchange traded fund’s stock worth $1,189,000 after purchasing an additional 114 shares during the period. First National Bank Sioux Falls bought a new stake in shares of Invesco QQQ during the 2nd quarter valued at about $216,000. Kera Capital Partners Inc. bought a new stake in shares of Invesco QQQ during the 2nd quarter valued at about $709,000. Finally, Private Client Services LLC grew its holdings in shares of Invesco QQQ by 28.7% during the second quarter. Private Client Services LLC now owns 10,737 shares of the exchange traded fund’s stock worth $5,923,000 after purchasing an additional 2,395 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

QQQ stock opened at $586.66 on Friday. The company’s 50 day moving average is $568.24 and its 200 day moving average is $520.50. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $587.86.

Invesco QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Monday, June 23rd were given a $0.5911 dividend. This represents a $2.36 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, June 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.