Invesco QQQ (NASDAQ:QQQ) Shares Sold by Peoples Bank KS

Peoples Bank KS cut its stake in Invesco QQQ (NASDAQ:QQQ) by 2.4% during the 4th quarter, HoldingsChannel reports. The fund owned 8,963 shares of the exchange traded fund’s stock after selling 220 shares during the period. Invesco QQQ comprises 3.2% of Peoples Bank KS’s portfolio, making the stock its 4th largest position. Peoples Bank KS’s holdings in Invesco QQQ were worth $4,582,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Legacy Bridge LLC boosted its holdings in Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 45 shares during the period. BNP Paribas bought a new stake in shares of Invesco QQQ during the 3rd quarter valued at about $62,000. Ritter Daniher Financial Advisory LLC DE raised its stake in Invesco QQQ by 75.9% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after acquiring an additional 63 shares during the period. Providence Capital Advisors LLC bought a new position in Invesco QQQ in the second quarter worth about $76,000. Finally, Ashton Thomas Securities LLC acquired a new position in Invesco QQQ in the third quarter valued at approximately $91,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Down 1.8 %

NASDAQ:QQQ opened at $515.18 on Wednesday. The stock has a 50 day moving average of $513.51 and a 200-day moving average of $490.39. Invesco QQQ has a 52 week low of $397.84 and a 52 week high of $539.15.

Invesco QQQ Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

Invesco QQQ 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.