Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Sandbox Financial Partners LLC

Sandbox Financial Partners LLC increased its holdings in Invesco QQQ (NASDAQ:QQQ) by 8.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,189 shares of the exchange traded fund’s stock after purchasing an additional 1,124 shares during the period. Invesco QQQ accounts for 2.4% of Sandbox Financial Partners LLC’s investment portfolio, making the stock its 12th biggest position. Sandbox Financial Partners LLC’s holdings in Invesco QQQ were worth $7,254,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in QQQ. Vanguard Personalized Indexing Management LLC grew its position in Invesco QQQ by 9.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,491 shares of the exchange traded fund’s stock valued at $714,000 after acquiring an additional 125 shares during the period. Benjamin Edwards Inc. grew its holdings in shares of Invesco QQQ by 10.3% during the 2nd quarter. Benjamin Edwards Inc. now owns 740 shares of the exchange traded fund’s stock worth $355,000 after purchasing an additional 69 shares during the period. Bridges Investment Management Inc. acquired a new stake in Invesco QQQ during the 2nd quarter worth approximately $388,000. King Luther Capital Management Corp raised its holdings in Invesco QQQ by 2.1% in the second quarter. King Luther Capital Management Corp now owns 8,372 shares of the exchange traded fund’s stock valued at $4,011,000 after buying an additional 172 shares during the period. Finally, Thrivent Financial for Lutherans lifted its position in Invesco QQQ by 101.3% during the second quarter. Thrivent Financial for Lutherans now owns 208,255 shares of the exchange traded fund’s stock valued at $99,778,000 after buying an additional 104,797 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 1.7 %

QQQ opened at $521.74 on Monday. The company has a 50 day moving average of $515.94 and a two-hundred day moving average of $492.11. Invesco QQQ has a 52-week low of $409.16 and a 52-week high of $539.15.

Invesco QQQ Announces Dividend

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