West Bancorporation Inc. Acquires 2,353 Shares of Invesco QQQ $QQQ

West Bancorporation Inc. boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 224.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,403 shares of the exchange traded fund’s stock after buying an additional 2,353 shares during the quarter. Invesco QQQ makes up approximately 1.1% of West Bancorporation Inc.’s investment portfolio, making the stock its 21st biggest holding. West Bancorporation Inc.’s holdings in Invesco QQQ were worth $2,043,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Morgan Dempsey Capital Management LLC purchased a new position in shares of Invesco QQQ in the 2nd quarter valued at $30,000. Navigoe LLC lifted its stake in shares of Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 45 shares during the last quarter. Marshall & Sullivan Inc. WA bought a new stake in Invesco QQQ during the second quarter valued at about $41,000. PayPay Securities Corp boosted its position in Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 30 shares in the last quarter. Finally, Moser Wealth Advisors LLC grew its stake in Invesco QQQ by 930.0% in the second quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 93 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

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Invesco QQQ Trading Up 0.1%

Shares of Invesco QQQ stock opened at $624.19 on Thursday. The company has a 50-day simple moving average of $616.15 and a two-hundred day simple moving average of $591.86. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01.

Invesco QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were paid a dividend of $0.7941 per share. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date was Monday, December 22nd. This represents a $3.18 annualized dividend and a dividend yield of 0.5%.

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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