Invesco QQQ Trust (NASDAQ:QQQ) Shares Sold by Nicolet Bankshares Inc.

Nicolet Bankshares Inc. decreased its holdings in Invesco QQQ Trust (NASDAQ:QQQFree Report) by 5.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,469 shares of the exchange traded fund’s stock after selling 250 shares during the quarter. Nicolet Bankshares Inc.’s holdings in Invesco QQQ Trust were worth $1,601,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of QQQ. Avalon Trust Co acquired a new stake in Invesco QQQ Trust during the second quarter valued at approximately $28,000. VisionPoint Advisory Group LLC acquired a new stake in Invesco QQQ Trust during the second quarter valued at approximately $36,000. Russell Investments Group Ltd. acquired a new stake in Invesco QQQ Trust during the second quarter valued at approximately $44,000. Blume Capital Management Inc. raised its stake in Invesco QQQ Trust by 104.0% during the third quarter. Blume Capital Management Inc. now owns 135 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 3,500 shares in the last quarter. Finally, Buck Wealth Strategies LLC raised its stake in Invesco QQQ Trust by 71.4% during the third quarter. Buck Wealth Strategies LLC now owns 156 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 65 shares in the last quarter. Institutional investors and hedge funds own 43.95% of the company’s stock.

Invesco QQQ Trust Stock Down 0.4 %

Shares of NASDAQ:QQQ traded down $1.60 during trading on Monday, hitting $435.45. 23,215,182 shares of the company traded hands, compared to its average volume of 44,286,090. The business’s fifty day moving average is $410.75 and its 200-day moving average is $384.35. Invesco QQQ Trust has a one year low of $285.19 and a one year high of $439.14.

Invesco QQQ Trust Dividend Announcement

The firm also recently disclosed a None dividend, which was paid on Monday, January 15th. Investors of record on Thursday, December 28th were issued a $0.2158 dividend. The ex-dividend date of this dividend was Wednesday, December 27th.

Invesco QQQ Trust 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.

Recommended 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 Trust (NASDAQ:QQQFree Report).

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

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