Invesco QQQ (NASDAQ:QQQ) Stock Holdings Increased by Canandaigua National Trust Co of Florida

Canandaigua National Trust Co of Florida raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 14.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,430 shares of the exchange traded fund’s stock after buying an additional 184 shares during the period. Canandaigua National Trust Co of Florida’s holdings in Invesco QQQ were worth $731,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in QQQ. Legacy Bridge LLC raised its holdings in Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 45 shares during the period. BNP Paribas purchased a new position in shares of Invesco QQQ in the third quarter worth approximately $62,000. Ritter Daniher Financial Advisory LLC DE raised its holdings in shares of Invesco QQQ by 75.9% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after acquiring an additional 63 shares during the period. Providence Capital Advisors LLC purchased a new stake in shares of Invesco QQQ in the 2nd quarter valued at approximately $76,000. Finally, Ashton Thomas Securities LLC acquired a new position in Invesco QQQ in the 3rd quarter worth approximately $91,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ:QQQ traded up $5.96 during trading hours on Monday, hitting $524.54. 35,109,512 shares of the stock traded hands, compared to its average volume of 32,209,734. The firm has a 50 day moving average price of $512.63 and a 200 day moving average price of $489.84. Invesco QQQ has a fifty-two week low of $397.84 and a fifty-two week high of $539.15.

Invesco QQQ Announces Dividend

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