Invesco QQQ (NASDAQ:QQQ) Shares Bought by Canandaigua National Bank & Trust Co.

Canandaigua National Bank & Trust Co. boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 0.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 15,165 shares of the exchange traded fund’s stock after buying an additional 26 shares during the period. Invesco QQQ comprises 0.8% of Canandaigua National Bank & Trust Co.’s portfolio, making the stock its 28th biggest holding. Canandaigua National Bank & Trust Co.’s holdings in Invesco QQQ were worth $7,753,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Legacy Bridge LLC raised its stake in Invesco QQQ by 60.0% in 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 during the last quarter. BNP Paribas acquired a new stake in shares of Invesco QQQ in the third quarter valued at about $62,000. Ritter Daniher Financial Advisory LLC DE lifted its stake 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 in the last quarter. Providence Capital Advisors LLC acquired a new position in Invesco QQQ during the second quarter worth about $76,000. Finally, Ashton Thomas Securities LLC purchased a new stake in Invesco QQQ during the 3rd quarter valued at about $91,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.1 %

QQQ traded up $5.96 during trading on Monday, reaching $524.54. The company’s stock had a trading volume of 35,109,512 shares, compared to its average volume of 32,209,734. Invesco QQQ has a 1 year low of $397.84 and a 1 year high of $539.15. The firm has a fifty day simple moving average of $512.63 and a two-hundred day simple moving average of $489.84.

Invesco QQQ Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders 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.