United Community Bank Sells 50 Shares of Invesco QQQ (NASDAQ:QQQ)

United Community Bank trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 14.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 290 shares of the exchange traded fund’s stock after selling 50 shares during the quarter. United Community Bank’s holdings in Invesco QQQ were worth $148,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Proficio Capital Partners LLC grew its stake in shares of Invesco QQQ by 51,292.3% during the 4th quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund’s stock worth $5,879,434,000 after acquiring an additional 11,478,188 shares in the last quarter. Toronto Dominion Bank grew its stake in shares of Invesco QQQ by 13.0% during the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock worth $2,080,052,000 after acquiring an additional 488,815 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in shares of Invesco QQQ by 47,853.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock worth $2,103,184,000 after acquiring an additional 4,105,389 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Invesco QQQ by 0.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,116,706 shares of the exchange traded fund’s stock worth $1,593,354,000 after acquiring an additional 27,115 shares in the last quarter. Finally, CHURCHILL MANAGEMENT Corp grew its stake in shares of Invesco QQQ by 0.8% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock worth $940,676,000 after acquiring an additional 13,772 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Up 0.7 %

Shares of QQQ opened at $491.79 on Monday. The stock has a market capitalization of $309.95 billion, a P/E ratio of 33.43 and a beta of 1.11. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $540.81. The company has a 50 day moving average of $518.84 and a 200-day moving average of $504.14.

Invesco QQQ Dividend Announcement

The business also recently disclosed 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 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.