First Citizens Financial Corp Buys 203 Shares of Invesco QQQ (NASDAQ:QQQ)

First Citizens Financial Corp lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 5.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,266 shares of the exchange traded fund’s stock after buying an additional 203 shares during the period. Invesco QQQ makes up about 1.2% of First Citizens Financial Corp’s portfolio, making the stock its 24th largest position. First Citizens Financial Corp’s holdings in Invesco QQQ were worth $2,181,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also bought and sold shares of QQQ. Legacy Bridge LLC raised its stake in shares of Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 45 shares during the period. BNP Paribas purchased a new position in Invesco QQQ during the 3rd quarter valued at about $62,000. Ritter Daniher Financial Advisory LLC DE grew its stake in Invesco QQQ by 75.9% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after acquiring an additional 63 shares in the last quarter. Providence Capital Advisors LLC bought a new stake in Invesco QQQ during the second quarter worth about $76,000. Finally, Ashton Thomas Securities LLC bought a new stake in Invesco QQQ in the 3rd quarter worth approximately $91,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

Shares of QQQ stock traded up $7.30 on Friday, hitting $517.53. 13,033,301 shares of the company’s stock traded hands, compared to its average volume of 24,068,555. The company’s fifty day simple moving average is $512.17 and its 200 day simple moving average is $489.54. Invesco QQQ has a one year low of $395.34 and a one year high of $539.15.

Invesco QQQ Announces Dividend

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

Invesco QQQ 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.