Beese Fulmer Investment Management Inc. Has $476,000 Position in Invesco QQQ (NASDAQ:QQQ)

Beese Fulmer Investment Management Inc. lessened its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 6.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 931 shares of the exchange traded fund’s stock after selling 62 shares during the period. Beese Fulmer Investment Management Inc.’s holdings in Invesco QQQ were worth $476,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in QQQ. O Connor Financial Group LLC grew its position in shares of Invesco QQQ by 6.2% during the 3rd quarter. O Connor Financial Group LLC now owns 17,065 shares of the exchange traded fund’s stock worth $8,329,000 after buying an additional 1,000 shares during the period. Marcum Wealth LLC grew its stake in Invesco QQQ by 1.7% in the third quarter. Marcum Wealth LLC now owns 18,961 shares of the exchange traded fund’s stock valued at $9,254,000 after acquiring an additional 308 shares during the period. Wedmont Private Capital increased its holdings in shares of Invesco QQQ by 0.7% in the third quarter. Wedmont Private Capital now owns 18,848 shares of the exchange traded fund’s stock worth $9,087,000 after acquiring an additional 140 shares in the last quarter. Sanibel Captiva Trust Company Inc. raised its position in shares of Invesco QQQ by 11.2% during the third quarter. Sanibel Captiva Trust Company Inc. now owns 5,483 shares of the exchange traded fund’s stock worth $2,676,000 after purchasing an additional 553 shares during the period. Finally, Patten Group Inc. increased its stake in Invesco QQQ by 3.3% during the 3rd quarter. Patten Group Inc. now owns 1,539 shares of the exchange traded fund’s stock worth $751,000 after purchasing an additional 49 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.5 %

Shares of QQQ opened at $529.60 on Friday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15. The firm’s 50 day moving average price is $520.51 and its two-hundred day moving average price is $495.05.

Invesco QQQ Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a dividend of $0.8347 per share. The ex-dividend date was Monday, December 23rd.

Invesco QQQ Company 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.