City Holding Co. Has $4.12 Million Stock Position in Invesco QQQ (NASDAQ:QQQ)

City Holding Co. raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 10.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,049 shares of the exchange traded fund’s stock after buying an additional 743 shares during the quarter. City Holding Co.’s holdings in Invesco QQQ were worth $4,115,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of QQQ. Vanguard Personalized Indexing Management LLC increased its stake in Invesco QQQ by 9.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,491 shares of the exchange traded fund’s stock valued at $714,000 after acquiring an additional 125 shares during the period. Benjamin Edwards Inc. grew its holdings in shares of Invesco QQQ by 10.3% during the 2nd quarter. Benjamin Edwards Inc. now owns 740 shares of the exchange traded fund’s stock worth $355,000 after purchasing an additional 69 shares in the last quarter. Bridges Investment Management Inc. bought a new stake in shares of Invesco QQQ during the second quarter valued at approximately $388,000. King Luther Capital Management Corp raised its stake in shares of Invesco QQQ by 2.1% in the second quarter. King Luther Capital Management Corp now owns 8,372 shares of the exchange traded fund’s stock valued at $4,011,000 after purchasing an additional 172 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in Invesco QQQ by 101.3% in the second quarter. Thrivent Financial for Lutherans now owns 208,255 shares of the exchange traded fund’s stock worth $99,778,000 after purchasing an additional 104,797 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Price Performance

Shares of Invesco QQQ stock opened at $521.74 on Monday. The company’s fifty day moving average price is $515.94 and its two-hundred day moving average price is $492.11. Invesco QQQ has a 52-week low of $409.16 and a 52-week high of $539.15.

Invesco QQQ Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.8347 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco QQQ

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.