Fulton Bank N.A. Has $2.45 Million Stake in Invesco QQQ (NASDAQ:QQQ)

Fulton Bank N.A. lifted its stake in Invesco QQQ (NASDAQ:QQQ) by 19.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,785 shares of the exchange traded fund’s stock after purchasing an additional 793 shares during the period. Fulton Bank N.A.’s holdings in Invesco QQQ were worth $2,446,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Lantz Financial LLC acquired a new position in Invesco QQQ in the second quarter valued at approximately $214,000. Principal Financial Group Inc. lifted its stake in shares of Invesco QQQ by 4.7% in the 2nd quarter. Principal Financial Group Inc. now owns 8,048 shares of the exchange traded fund’s stock valued at $3,856,000 after purchasing an additional 363 shares during the period. Prudential PLC lifted its stake in shares of Invesco QQQ by 46.4% in the 2nd quarter. Prudential PLC now owns 16,053 shares of the exchange traded fund’s stock valued at $7,691,000 after purchasing an additional 5,087 shares during the period. Balentine LLC boosted its position in shares of Invesco QQQ by 4.3% in the 2nd quarter. Balentine LLC now owns 2,994 shares of the exchange traded fund’s stock worth $1,434,000 after purchasing an additional 123 shares during the last quarter. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH grew its stake in shares of Invesco QQQ by 34.1% during the second quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 2,259 shares of the exchange traded fund’s stock worth $1,082,000 after purchasing an additional 574 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.2 %

NASDAQ QQQ traded down $0.90 on Wednesday, reaching $514.28. The company had a trading volume of 16,039,922 shares, compared to its average volume of 30,658,146. Invesco QQQ has a 52 week low of $401.71 and a 52 week high of $539.15. The stock’s 50 day moving average is $513.51 and its 200-day moving average is $490.39.

Invesco QQQ Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid 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.