Zions Bancorporation N.A. Sells 42 Shares of Invesco QQQ (NASDAQ:QQQ)

Zions Bancorporation N.A. reduced its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 1.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 3,806 shares of the exchange traded fund’s stock after selling 42 shares during the period. Zions Bancorporation N.A.’s holdings in Invesco QQQ were worth $1,946,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Proficio Capital Partners LLC lifted its holdings in Invesco QQQ by 51,292.3% during the fourth quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund’s stock worth $5,879,434,000 after buying an additional 11,478,188 shares during the period. Toronto Dominion Bank raised its position in shares of Invesco QQQ by 13.0% in the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock worth $2,080,052,000 after acquiring an additional 488,815 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of Invesco QQQ by 47,853.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock worth $2,103,184,000 after purchasing an additional 4,105,389 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Invesco QQQ by 0.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,116,706 shares of the exchange traded fund’s stock valued at $1,593,354,000 after purchasing an additional 27,115 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in Invesco QQQ by 2.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,425,300 shares of the exchange traded fund’s stock valued at $1,239,886,000 after purchasing an additional 52,235 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.6 %

Shares of Invesco QQQ stock opened at $493.46 on Wednesday. The company has a market cap of $311.00 billion, a P/E ratio of 30.74 and a beta of 1.11. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $540.81. The firm’s 50 day moving average price is $510.77 and its 200-day moving average price is $504.97.

Invesco QQQ Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 24th will be given a $0.7157 dividend. The ex-dividend date of this dividend is Monday, March 24th.

Invesco QQQ 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.