Canandaigua National Trust Co of Florida Has $731,000 Position in Invesco QQQ (NASDAQ:QQQ)

Canandaigua National Trust Co of Florida boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 14.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,430 shares of the exchange traded fund’s stock after purchasing an additional 184 shares during the period. Canandaigua National Trust Co of Florida’s holdings in Invesco QQQ were worth $731,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Legacy Bridge LLC raised its holdings in shares of Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares in the last quarter. BNP Paribas bought a new position in Invesco QQQ during the third quarter valued at about $62,000. Ritter Daniher Financial Advisory LLC DE lifted its position in shares of Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after buying an additional 63 shares during the last quarter. Providence Capital Advisors LLC acquired a new position in shares of Invesco QQQ during the 2nd quarter valued at about $76,000. Finally, Ashton Thomas Securities LLC acquired a new stake in Invesco QQQ in the 3rd quarter worth approximately $91,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 1.1 %

Invesco QQQ stock traded up $5.96 during trading hours on Monday, reaching $524.54. 35,109,512 shares of the company were exchanged, compared to its average volume of 32,209,734. Invesco QQQ has a 12 month low of $397.84 and a 12 month high of $539.15. The stock has a 50-day moving average of $512.63 and a 200 day moving average of $489.84.

Invesco QQQ Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid 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.