Invesco QQQ (NASDAQ:QQQ) Shares Sold by Busey Bank

Busey Bank lessened its position in shares of Invesco QQQ (NASDAQ:QQQ) by 4.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,916 shares of the exchange traded fund’s stock after selling 469 shares during the period. Busey Bank’s holdings in Invesco QQQ were worth $5,581,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Hoese & Co LLP boosted its stake in Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares in the last quarter. Legacy Bridge LLC lifted its holdings in shares of Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares during the last quarter. BNP Paribas acquired a new stake in shares of Invesco QQQ in the 3rd quarter valued at about $62,000. Brooklyn Investment Group purchased a new position in Invesco QQQ during the 4th quarter worth approximately $69,000. Finally, Pacifica Partners Inc. acquired a new position in Invesco QQQ during the fourth quarter worth approximately $73,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.4 %

Shares of NASDAQ QQQ opened at $523.05 on Friday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15. The stock has a 50 day moving average of $518.86 and a two-hundred day moving average of $493.75.

Invesco QQQ Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors 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.