Town & Country Bank & Trust CO dba First Bankers Trust CO Decreases Position in Invesco QQQ (NASDAQ:QQQ)

Town & Country Bank & Trust CO dba First Bankers Trust CO reduced its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 3.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,504 shares of the exchange traded fund’s stock after selling 49 shares during the quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Invesco QQQ were worth $769,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Joseph P. Lucia & Associates LLC lifted its holdings in Invesco QQQ by 4.7% in the 4th quarter. Joseph P. Lucia & Associates LLC now owns 10,002 shares of the exchange traded fund’s stock worth $5,113,000 after buying an additional 452 shares in the last quarter. Legacy Bridge LLC increased its position in shares of Invesco QQQ by 36.7% during the fourth quarter. Legacy Bridge LLC now owns 164 shares of the exchange traded fund’s stock worth $84,000 after acquiring an additional 44 shares during the last quarter. Mattern Wealth Management LLC lifted its stake in shares of Invesco QQQ by 2.5% in the fourth quarter. Mattern Wealth Management LLC now owns 29,892 shares of the exchange traded fund’s stock worth $15,282,000 after acquiring an additional 738 shares in the last quarter. FSC Wealth Advisors LLC boosted its holdings in Invesco QQQ by 3,803.7% in the fourth quarter. FSC Wealth Advisors LLC now owns 6,285 shares of the exchange traded fund’s stock valued at $3,213,000 after purchasing an additional 6,124 shares during the last quarter. Finally, Altus Wealth Management LLC grew its stake in Invesco QQQ by 0.6% during the 4th quarter. Altus Wealth Management LLC now owns 69,330 shares of the exchange traded fund’s stock valued at $35,444,000 after purchasing an additional 424 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

QQQ stock opened at $521.88 on Wednesday. The stock’s 50 day moving average is $518.14 and its two-hundred day moving average is $493.37. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15.

Invesco QQQ Dividend Announcement

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 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.