Thomasville National Bank Grows Stake in Invesco QQQ (NASDAQ:QQQ)

Thomasville National Bank boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 27.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 765 shares of the exchange traded fund’s stock after buying an additional 167 shares during the quarter. Thomasville National Bank’s holdings in Invesco QQQ were worth $391,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Legacy Bridge LLC lifted its position in shares of Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares in the last quarter. BNP Paribas acquired a new stake in Invesco QQQ during the 3rd quarter worth $62,000. Ritter Daniher Financial Advisory LLC DE grew its holdings in shares of 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 buying an additional 63 shares in the last quarter. Providence Capital Advisors LLC acquired a new stake in shares of Invesco QQQ in the second quarter valued at about $76,000. Finally, Ashton Thomas Securities LLC purchased a new position in shares of Invesco QQQ in the third quarter worth about $91,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

QQQ opened at $505.56 on Tuesday. Invesco QQQ has a twelve month low of $402.92 and a twelve month high of $539.15. The firm’s 50-day moving average price is $515.32 and its 200 day moving average price is $491.29.

Invesco QQQ Announces Dividend

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