Hickory Point Bank & Trust Acquires Shares of 1,064 Invesco QQQ (NASDAQ:QQQ)

Hickory Point Bank & Trust acquired a new stake in shares of Invesco QQQ (NASDAQ:QQQ) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 1,064 shares of the exchange traded fund’s stock, valued at approximately $518,000.

Other large investors have also bought and sold shares of the company. Purkiss Capital Advisors LLC purchased a new position in shares of Invesco QQQ during the fourth quarter valued at approximately $633,000. PCG Asset Management LLC purchased a new position in shares of Invesco QQQ during the fourth quarter valued at approximately $3,784,000. Levin Capital Strategies L.P. lifted its holdings in shares of Invesco QQQ by 1.6% during the fourth quarter. Levin Capital Strategies L.P. now owns 7,659 shares of the exchange traded fund’s stock valued at $3,916,000 after purchasing an additional 117 shares during the last quarter. Duncker Streett & Co. Inc. lifted its holdings in shares of Invesco QQQ by 2.8% during the fourth quarter. Duncker Streett & Co. Inc. now owns 1,842 shares of the exchange traded fund’s stock valued at $942,000 after purchasing an additional 50 shares during the last quarter. Finally, Sharkey Howes & Javer lifted its holdings in shares of Invesco QQQ by 26.7% during the fourth quarter. Sharkey Howes & Javer now owns 2,216 shares of the exchange traded fund’s stock valued at $1,133,000 after purchasing an additional 467 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

QQQ stock opened at $508.30 on Friday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $540.81. The firm has a market capitalization of $320.36 billion, a price-to-earnings ratio of 33.43 and a beta of 1.11. The firm has a 50 day moving average price of $522.05 and a 200-day moving average price of $503.28.

Invesco QQQ Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.8347 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco QQQ

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.