4,910 Shares in Invesco QQQ (NASDAQ:QQQ) Bought by Saxon Interests Inc.

Saxon Interests Inc. bought a new position in shares of Invesco QQQ (NASDAQ:QQQ) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,910 shares of the exchange traded fund’s stock, valued at approximately $2,011,000. Invesco QQQ accounts for about 1.0% of Saxon Interests Inc.’s portfolio, making the stock its 24th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sandbox Financial Partners LLC increased its holdings in Invesco QQQ by 611.2% in the 4th quarter. Sandbox Financial Partners LLC now owns 10,818 shares of the exchange traded fund’s stock valued at $4,430,000 after buying an additional 9,297 shares during the period. Alterity Financial Group LLC bought a new stake in Invesco QQQ in the 4th quarter valued at $240,000. Austin Private Wealth LLC increased its holdings in Invesco QQQ by 285.5% in the 4th quarter. Austin Private Wealth LLC now owns 2,604 shares of the exchange traded fund’s stock valued at $1,067,000 after buying an additional 4,008 shares during the period. Peak Financial Management Inc. increased its holdings in Invesco QQQ by 11.3% in the 4th quarter. Peak Financial Management Inc. now owns 1,779 shares of the exchange traded fund’s stock valued at $729,000 after buying an additional 180 shares during the period. Finally, Yarger Wealth Strategies LLC increased its holdings in Invesco QQQ by 9.0% in the 4th quarter. Yarger Wealth Strategies LLC now owns 1,169 shares of the exchange traded fund’s stock valued at $479,000 after buying an additional 97 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.2 %

Shares of Invesco QQQ stock traded down $0.82 during mid-day trading on Thursday, reaching $444.01. 36,607,437 shares of the stock were exchanged, compared to its average volume of 44,988,266. The firm has a 50-day simple moving average of $433.84 and a 200 day simple moving average of $399.66. Invesco QQQ has a fifty-two week low of $309.89 and a fifty-two week high of $449.34.

Invesco QQQ Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th will be issued a $0.5735 dividend. This represents a $2.29 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date is Monday, March 18th.

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.