OLD National Bancorp IN Boosts Holdings in Invesco QQQ $QQQ

OLD National Bancorp IN boosted its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 26.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,950 shares of the exchange traded fund’s stock after buying an additional 1,236 shares during the quarter. OLD National Bancorp IN’s holdings in Invesco QQQ were worth $3,655,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Well Done LLC raised its position in Invesco QQQ by 0.5% in the 4th quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund’s stock worth $2,113,000 after buying an additional 16 shares during the last quarter. IFS Advisors LLC raised its position in Invesco QQQ by 4.1% in the 3rd quarter. IFS Advisors LLC now owns 431 shares of the exchange traded fund’s stock worth $259,000 after buying an additional 17 shares during the last quarter. Mezzasalma Advisors LLC raised its position in Invesco QQQ by 0.5% in the 3rd quarter. Mezzasalma Advisors LLC now owns 3,312 shares of the exchange traded fund’s stock worth $1,988,000 after buying an additional 17 shares during the last quarter. TCV Trust & Wealth Management Inc. raised its position in Invesco QQQ by 1.4% in the 3rd quarter. TCV Trust & Wealth Management Inc. now owns 1,246 shares of the exchange traded fund’s stock worth $748,000 after buying an additional 17 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its position in Invesco QQQ by 1.2% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,421 shares of the exchange traded fund’s stock worth $853,000 after buying an additional 17 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

More Invesco QQQ News

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ opened at $651.42 on Friday. Invesco QQQ has a fifty-two week low of $455.83 and a fifty-two week high of $656.92. The business has a 50-day simple moving average of $604.85 and a two-hundred day simple moving average of $611.96.

Invesco QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.7328 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a yield of 0.4%.

Invesco QQQ Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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