Country Club Bank Has $1.62 Million Stock Position in Invesco QQQ (NASDAQ:QQQ)

Country Club Bank lowered its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 4.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,139 shares of the exchange traded fund’s stock after selling 162 shares during the quarter. Country Club Bank’s holdings in Invesco QQQ were worth $1,618,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Hoese & Co LLP raised its holdings in Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 20 shares during the last quarter. Legacy Bridge LLC raised its stake in shares of Invesco QQQ by 60.0% during the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 45 shares during the last quarter. BNP Paribas acquired a new position in Invesco QQQ in the third quarter valued at approximately $62,000. Brooklyn Investment Group acquired a new position in Invesco QQQ in the fourth quarter valued at approximately $69,000. Finally, Pacifica Partners Inc. bought a new position in Invesco QQQ in the fourth quarter valued at approximately $73,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.5 %

Shares of Invesco QQQ stock opened at $526.85 on Thursday. The firm has a fifty day moving average of $520.08 and a two-hundred day moving average of $494.82. 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 disclosed 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.

About Invesco QQQ

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.