Park National Corp OH Acquires 114 Shares of Invesco QQQ $QQQ

Park National Corp OH grew its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 5.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,155 shares of the exchange traded fund’s stock after purchasing an additional 114 shares during the quarter. Park National Corp OH’s holdings in Invesco QQQ were worth $1,189,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Compass Financial Services Inc grew its stake in Invesco QQQ by 0.4% in the 1st quarter. Compass Financial Services Inc now owns 5,001 shares of the exchange traded fund’s stock valued at $2,345,000 after buying an additional 19 shares during the last quarter. Willis Johnson & Associates Inc. grew its stake in Invesco QQQ by 2.6% in the 4th quarter. Willis Johnson & Associates Inc. now owns 814 shares of the exchange traded fund’s stock valued at $416,000 after buying an additional 21 shares during the last quarter. MTM Investment Management LLC grew its stake in Invesco QQQ by 1.6% in the 1st quarter. MTM Investment Management LLC now owns 1,297 shares of the exchange traded fund’s stock valued at $613,000 after buying an additional 21 shares during the last quarter. Cutler Investment Counsel LLC grew its stake in Invesco QQQ by 1.4% in the 1st quarter. Cutler Investment Counsel LLC now owns 1,513 shares of the exchange traded fund’s stock valued at $710,000 after buying an additional 21 shares during the last quarter. Finally, Mosaic Family Wealth Partners LLC grew its stake in Invesco QQQ by 1.6% in the 4th quarter. Mosaic Family Wealth Partners LLC now owns 1,382 shares of the exchange traded fund’s stock valued at $707,000 after buying an additional 22 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.4%

NASDAQ:QQQ opened at $586.66 on Friday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $587.86. The firm’s fifty day simple moving average is $568.24 and its 200 day simple moving average is $520.54.

Invesco QQQ Cuts Dividend

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

About Invesco QQQ

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.