Invesco QQQ $QQQ Shares Acquired by Bell Bank

Bell Bank lifted its position in Invesco QQQ (NASDAQ:QQQFree Report) by 1.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 353,558 shares of the exchange traded fund’s stock after buying an additional 3,431 shares during the quarter. Invesco QQQ accounts for approximately 9.3% of Bell Bank’s portfolio, making the stock its 4th biggest position. Bell Bank’s holdings in Invesco QQQ were worth $217,194,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Camelot Technology Advisors Inc. boosted its holdings in Invesco QQQ by 15.7% during the 4th quarter. Camelot Technology Advisors Inc. now owns 9,359 shares of the exchange traded fund’s stock valued at $5,750,000 after acquiring an additional 1,270 shares during the period. Mirador Capital Partners LP increased its stake in Invesco QQQ by 4.0% during the fourth quarter. Mirador Capital Partners LP now owns 5,093 shares of the exchange traded fund’s stock worth $3,129,000 after purchasing an additional 197 shares during the period. Kaufman Rossin Wealth LLC lifted its position in shares of Invesco QQQ by 10.8% during the fourth quarter. Kaufman Rossin Wealth LLC now owns 727 shares of the exchange traded fund’s stock worth $447,000 after purchasing an additional 71 shares in the last quarter. Fairvoy Private Wealth LLC lifted its position in shares of Invesco QQQ by 2.0% during the fourth quarter. Fairvoy Private Wealth LLC now owns 10,558 shares of the exchange traded fund’s stock worth $6,486,000 after purchasing an additional 209 shares in the last quarter. Finally, Crumly & Associates Inc. boosted its stake in shares of Invesco QQQ by 32.1% in the fourth quarter. Crumly & Associates Inc. now owns 2,978 shares of the exchange traded fund’s stock valued at $1,829,000 after purchasing an additional 724 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ News Summary

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

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $562.58 on Friday. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01. The company has a 50 day moving average price of $606.07 and a 200 day moving average price of $609.61.

Invesco QQQ Cuts Dividend

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

About Invesco QQQ

(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.

Featured Stories

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQFree Report).

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

Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.