Invesco QQQ (NASDAQ:QQQ) Shares Bought by Fulton Bank N.A.

Fulton Bank N.A. grew its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 13.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,984 shares of the exchange traded fund’s stock after purchasing an additional 235 shares during the quarter. Fulton Bank N.A.’s holdings in Invesco QQQ were worth $812,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. VisionPoint Advisory Group LLC acquired a new position in shares of Invesco QQQ in the 2nd quarter valued at $36,000. Russell Investments Group Ltd. acquired a new position in shares of Invesco QQQ in the 2nd quarter valued at $44,000. Core Wealth Advisors Inc. increased its holdings in shares of Invesco QQQ by 33.3% in the 3rd quarter. Core Wealth Advisors Inc. now owns 120 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 30 shares during the period. Blume Capital Management Inc. increased its holdings in shares of Invesco QQQ by 104.0% in the 3rd quarter. Blume Capital Management Inc. now owns 135 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 3,500 shares during the period. Finally, Buck Wealth Strategies LLC increased its holdings in shares of Invesco QQQ by 71.4% in the 3rd quarter. Buck Wealth Strategies LLC now owns 156 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 65 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.2 %

NASDAQ:QQQ opened at $440.47 on Friday. The firm’s fifty day moving average price is $436.57 and its 200 day moving average price is $403.01. Invesco QQQ has a 1-year low of $309.89 and a 1-year high of $449.34.

Invesco QQQ Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th will be given a $0.5735 dividend. The ex-dividend date of this dividend is Monday, March 18th. This represents a $2.29 dividend on an annualized basis and a yield of 0.52%.

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.