Thomasville National Bank acquired a new stake in Invesco QQQ Trust (NASDAQ:QQQ) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,088 shares of the exchange traded fund’s stock, valued at approximately $207,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Inspire Advisors LLC bought a new stake in Invesco QQQ Trust in the fourth quarter valued at $26,000. Claudia M.P. Batlle CRP R LLC bought a new stake in Invesco QQQ Trust in the third quarter valued at $28,000. Costello Asset Management INC boosted its holdings in shares of Invesco QQQ Trust by 119.0% during the 4th quarter. Costello Asset Management INC now owns 92 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 50 shares in the last quarter. Wells Financial Advisors INC bought a new stake in shares of Invesco QQQ Trust during the 4th quarter valued at $29,000. Finally, Clark Financial Advisors bought a new stake in shares of Invesco QQQ Trust during the 4th quarter valued at $31,000. 47.01% of the stock is currently owned by institutional investors and hedge funds.

Shares of QQQ stock opened at $334.53 on Thursday. Invesco QQQ Trust has a 12 month low of $196.17 and a 12 month high of $338.19. The company’s fifty day moving average price is $318.32 and its 200-day moving average price is $311.09.

The company also recently declared a quarterly dividend, which will be paid on Friday, April 30th. Investors of record on Tuesday, March 23rd will be paid a $0.395 dividend. This represents a $1.58 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date is Monday, March 22nd.

Invesco QQQ Trust Company 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.

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

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