Town & Country Bank & Trust CO dba First Bankers Trust CO Has $355,000 Stock Position in Invesco QQQ (NASDAQ:QQQ)

Town & Country Bank & Trust CO dba First Bankers Trust CO reduced its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 49.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 758 shares of the exchange traded fund's stock after selling 746 shares during the quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO's holdings in Invesco QQQ were worth $355,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. AdvisorNet Financial Inc lifted its position in shares of Invesco QQQ by 7.1% during the 1st quarter. AdvisorNet Financial Inc now owns 22,429 shares of the exchange traded fund's stock worth $10,518,000 after buying an additional 1,479 shares during the period. Bath Savings Trust Co increased its holdings in Invesco QQQ by 10.1% during the 1st quarter. Bath Savings Trust Co now owns 732 shares of the exchange traded fund's stock valued at $343,000 after purchasing an additional 67 shares in the last quarter. Webster Bank N. A. increased its stake in shares of Invesco QQQ by 29.0% in the first quarter. Webster Bank N. A. now owns 16,422 shares of the exchange traded fund's stock valued at $7,701,000 after buying an additional 3,688 shares in the last quarter. First Citizens Financial Corp increased its stake in shares of Invesco QQQ by 3.5% in the first quarter. First Citizens Financial Corp now owns 4,416 shares of the exchange traded fund's stock valued at $2,071,000 after buying an additional 150 shares in the last quarter. Finally, Marcum Wealth LLC increased its stake in shares of Invesco QQQ by 0.5% in the first quarter. Marcum Wealth LLC now owns 19,661 shares of the exchange traded fund's stock valued at $9,219,000 after buying an additional 95 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ traded up $1.29 during midday trading on Monday, reaching $520.40. The company's stock had a trading volume of 25,085,849 shares, compared to its average volume of 37,626,278. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $540.81. The company has a market capitalization of $326.11 billion, a P/E ratio of 30.62 and a beta of 1.11. The business's fifty day simple moving average is $478.06 and its 200-day simple moving average is $500.97.

Invesco QQQ Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 24th were paid a $0.7157 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.