Eclectic Associates Inc. ADV lowered its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 24.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,461 shares of the exchange traded fund’s stock after selling 1,471 shares during the quarter. Eclectic Associates Inc. ADV’s holdings in Invesco QQQ were worth $2,741,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Goodman Advisory Group LLC purchased a new stake in Invesco QQQ in the third quarter worth $25,000. Shcp LLC purchased a new position in Invesco QQQ during the 3rd quarter valued at $27,000. Rachor Investment Advisory Services LLC purchased a new position in Invesco QQQ during the 4th quarter valued at $29,000. Measured Wealth Private Client Group LLC bought a new position in Invesco QQQ in the 3rd quarter worth $40,000. Finally, Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Invesco QQQ in the 3rd quarter worth about $42,000. 44.58% of the stock is currently owned by institutional investors.
Key Stories Impacting Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Large, rapid inflows into QQQ — about $10B over the last 21 days — are creating direct buying pressure on the ETF and its underlying Nasdaq-100 holdings, a primary reason shares are higher today. Nasdaq 100 ETF QQQ Records Third-Largest 21-Day Inflows Ever As Investors Rush Back Into US Stocks
- Positive Sentiment: Invesco’s recent quarterly results topped forecasts on the back of ETF inflows, reinforcing confidence in the firm’s ETF franchise and supporting demand for QQQ. Invesco Q1 results edge past forecasts on ETF inflows
- Positive Sentiment: Options-market activity shows bullish positioning around QQQ (call buying and breakout continuation trades), signaling traders expect further upside and helping lift the ETF’s price. QQQ Cannot Be Stopped: How Options Traders Are Reacting
- Neutral Sentiment: Broad-market ETF demand is rising alongside equities, which helps QQQ but is not unique to the Nasdaq-100; the move may reflect sector rotation and broader risk-on flows. Exchange-Traded Funds Rise as US Equities Climb After Midday
- Neutral Sentiment: ETF inflows into U.S. funds picked up in April ($174B reported), providing macro tailwinds for equity ETFs like QQQ but also signaling broad demand across many funds. ETF inflows surge: U.S. funds pull in $174B in April as equity demand accelerates
- Negative Sentiment: Some alternative ETFs (including high-dividend and equal-weight Nasdaq products) have recently outpaced or drawn investor attention away from QQQ, highlighting potential competition for flows if rotation continues. This ETF Is Are Outpacing Tech Stocks While Paying High Dividends
- Negative Sentiment: Today’s trading volume is below the ETF’s 3-month average, which could indicate less conviction behind the move and increase the risk of short-term reversals.
Invesco QQQ Stock Up 2.1%
Invesco QQQ Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a $0.7328 dividend. The ex-dividend date was Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.4%.
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.
See Also
Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ – Free Report).
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