Crews Bank & Trust Purchases New Holdings in Invesco QQQ (NASDAQ:QQQ)

Crews Bank & Trust purchased a new stake in Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 10,793 shares of the exchange traded fund’s stock, valued at approximately $5,518,000. Invesco QQQ accounts for approximately 0.9% of Crews Bank & Trust’s holdings, making the stock its 21st largest holding.

Several other institutional investors have also made changes to their positions in the stock. International Assets Investment Management LLC raised its position in Invesco QQQ by 46,491.6% during the third quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock valued at $15,904,322,000 after purchasing an additional 32,516,210 shares in the last quarter. Toronto Dominion Bank raised its position in Invesco QQQ by 13.0% during the third quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after purchasing an additional 488,815 shares in the last quarter. Empirical Asset Management LLC raised its position in Invesco QQQ by 15,676.3% during the fourth quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock valued at $103,720,000 after purchasing an additional 201,597 shares in the last quarter. Main Management ETF Advisors LLC raised its position in Invesco QQQ by 33.5% during the third quarter. Main Management ETF Advisors LLC now owns 731,920 shares of the exchange traded fund’s stock valued at $357,228,000 after purchasing an additional 183,550 shares in the last quarter. Finally, Meridian Wealth Management LLC acquired a new position in Invesco QQQ during the third quarter valued at approximately $77,091,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Performance

Shares of QQQ opened at $523.05 on Friday. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15. The firm has a 50 day simple moving average of $518.86 and a two-hundred day simple moving average of $493.75.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a dividend of $0.8347 per share. The ex-dividend date was Monday, December 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.