Stock Yards Bank & Trust Co. Has $6.02 Million Stock Position in Invesco QQQ (NASDAQ:QQQ)

Stock Yards Bank & Trust Co. decreased its holdings in Invesco QQQ (NASDAQ:QQQ) by 10.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,782 shares of the exchange traded fund’s stock after selling 1,360 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in Invesco QQQ were worth $6,023,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Hoese & Co LLP grew its position in shares of Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares during the last quarter. Legacy Bridge LLC boosted its holdings in shares of Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares in the last quarter. BNP Paribas acquired a new stake in shares of Invesco QQQ in the 3rd quarter valued at $62,000. Brooklyn Investment Group bought a new position in shares of Invesco QQQ in the 4th quarter valued at $69,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its stake in shares of Invesco QQQ by 75.9% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after acquiring an additional 63 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of QQQ opened at $522.29 on Monday. The stock has a 50-day moving average of $519.55 and a 200-day moving average of $494.12. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15.

Invesco QQQ Announces Dividend

The business also recently declared 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 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.