Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Greenfield Savings Bank

Greenfield Savings Bank boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 5.7% in the 4th quarter, HoldingsChannel reports. The fund owned 7,487 shares of the exchange traded fund’s stock after acquiring an additional 406 shares during the period. Invesco QQQ accounts for about 1.8% of Greenfield Savings Bank’s portfolio, making the stock its 14th biggest holding. Greenfield Savings Bank’s holdings in Invesco QQQ were worth $3,828,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Brown Brothers Harriman & Co. boosted its holdings in Invesco QQQ by 23.5% in the second quarter. Brown Brothers Harriman & Co. now owns 14,557 shares of the exchange traded fund’s stock valued at $6,974,000 after purchasing an additional 2,768 shares in the last quarter. Moors & Cabot Inc. lifted its position in shares of Invesco QQQ by 5.2% during the 2nd quarter. Moors & Cabot Inc. now owns 22,618 shares of the exchange traded fund’s stock worth $10,837,000 after buying an additional 1,123 shares during the last quarter. Capstone Wealth Management Group LLC boosted its holdings in shares of Invesco QQQ by 2.2% in the 2nd quarter. Capstone Wealth Management Group LLC now owns 13,393 shares of the exchange traded fund’s stock valued at $6,417,000 after buying an additional 286 shares in the last quarter. Madison Wealth Partners Inc grew its position in shares of Invesco QQQ by 9.6% in the 2nd quarter. Madison Wealth Partners Inc now owns 14,839 shares of the exchange traded fund’s stock valued at $7,110,000 after buying an additional 1,303 shares during the last quarter. Finally, EPIQ Capital Group LLC grew its position in shares of Invesco QQQ by 1.1% in the 2nd quarter. EPIQ Capital Group LLC now owns 5,139 shares of the exchange traded fund’s stock valued at $2,466,000 after buying an additional 54 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

Shares of QQQ opened at $505.08 on Wednesday. Invesco QQQ has a 1-year low of $402.92 and a 1-year high of $539.15. The firm has a fifty day moving average price of $515.57 and a 200 day moving average price of $491.47.

Invesco QQQ Announces Dividend

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

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.