Invesco QQQ $QQQ Shares Bought by Home Federal Bank of Tennessee

Home Federal Bank of Tennessee raised its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 16.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,335 shares of the exchange traded fund’s stock after purchasing an additional 1,188 shares during the quarter. Invesco QQQ accounts for approximately 1.3% of Home Federal Bank of Tennessee’s investment portfolio, making the stock its 10th biggest position. Home Federal Bank of Tennessee’s holdings in Invesco QQQ were worth $5,120,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in QQQ. Goodman Advisory Group LLC bought a new position in Invesco QQQ in the 3rd quarter valued at approximately $25,000. Shcp LLC acquired a new position in Invesco QQQ in the third quarter valued at $27,000. Navigoe LLC lifted its stake in shares of Invesco QQQ by 300.0% in the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 45 shares during the period. Measured Wealth Private Client Group LLC bought a new position in shares of Invesco QQQ during the 3rd quarter worth approximately $40,000. Finally, PayPay Securities Corp boosted its stake in Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 30 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of Invesco QQQ stock opened at $584.98 on Monday. The stock has a 50 day moving average price of $602.08 and a two-hundred day moving average price of $609.43. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.7328 dividend. This represents a $2.93 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, March 23rd.

Invesco QQQ News Roundup

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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