OLD Second National Bank of Aurora Has $380,000 Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

OLD Second National Bank of Aurora boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 3.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 779 shares of the exchange traded fund’s stock after buying an additional 29 shares during the quarter. OLD Second National Bank of Aurora’s holdings in Invesco QQQ were worth $380,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. New Covenant Trust Company N.A. acquired a new stake in Invesco QQQ during the first quarter valued at $28,000. Mechanics Financial Corp acquired a new stake in shares of Invesco QQQ during the 2nd quarter valued at about $30,000. Chelsea Counsel Co. bought a new stake in shares of Invesco QQQ in the 1st quarter valued at approximately $40,000. CGC Financial Services LLC increased its holdings in Invesco QQQ by 736.4% in the second quarter. CGC Financial Services LLC now owns 92 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 81 shares during the last quarter. Finally, PFG Private Wealth Management LLC raised its position in Invesco QQQ by 572.2% during the second quarter. PFG Private Wealth Management LLC now owns 121 shares of the exchange traded fund’s stock valued at $58,000 after acquiring an additional 103 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Trading Down 0.0 %

NASDAQ QQQ opened at $512.84 on Wednesday. The company has a 50 day moving average price of $486.39 and a two-hundred day moving average price of $473.15. Invesco QQQ has a 12-month low of $382.66 and a 12-month high of $515.58.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 23rd were paid a $0.677 dividend. This represents a $2.71 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend was Monday, September 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.