Invesco QQQ $QQQ Shares Sold by Tsfg LLC

Tsfg LLC reduced its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 4.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,515 shares of the exchange traded fund’s stock after selling 887 shares during the period. Invesco QQQ accounts for about 1.6% of Tsfg LLC’s portfolio, making the stock its 18th largest holding. Tsfg LLC’s holdings in Invesco QQQ were worth $10,760,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the stock. HORAN Wealth LLC acquired a new position in shares of Invesco QQQ during the 4th quarter worth approximately $1,503,000. Concentrum Wealth Management boosted its holdings in shares of Invesco QQQ by 10.2% during the 4th quarter. Concentrum Wealth Management now owns 22,548 shares of the exchange traded fund’s stock worth $13,852,000 after purchasing an additional 2,081 shares during the last quarter. KLCM Advisors Inc. purchased a new stake in shares of Invesco QQQ during the 4th quarter valued at approximately $4,681,000. Blackhawk Capital Partners LLC raised its position in shares of Invesco QQQ by 12.4% during the 4th quarter. Blackhawk Capital Partners LLC now owns 2,111 shares of the exchange traded fund’s stock valued at $1,297,000 after buying an additional 233 shares during the period. Finally, Trek Financial LLC raised its position in shares of Invesco QQQ by 98.5% during the 4th quarter. Trek Financial LLC now owns 26,896 shares of the exchange traded fund’s stock valued at $16,523,000 after buying an additional 13,344 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 0.3%

QQQ stock opened at $713.29 on Tuesday. The firm’s 50 day moving average price is $619.92 and its 200-day moving average price is $617.47. Invesco QQQ has a one year low of $501.48 and a one year high of $714.59.

Invesco QQQ Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a dividend of $0.7328 per share. This represents a $2.93 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, March 23rd.

More Invesco QQQ News

Here are the key news stories impacting Invesco QQQ this week:

• Positive Sentiment: QQQ extended its rally as easing Middle East tensions, AI momentum, and upbeat earnings supported a sixth straight winning week for the S&P 500, reinforcing demand for mega-cap tech exposure. Article Title
• Positive Sentiment: Broad market commentary continues to highlight AI enthusiasm and a renewed appetite for risk, which is typically supportive for QQQ’s heavy weighting in technology and semiconductor names. Article Title
• Positive Sentiment: QQQ reached a new 12-month high, signaling continued strong momentum in the ETF’s underlying Nasdaq 100 holdings. Article Title
• Neutral Sentiment: Some market commentary notes that QQQ’s recent strength is concentrated in the hottest AI and chip names, which can help near term but also leaves the ETF more exposed if semiconductor momentum cools.
• Neutral Sentiment: One article compared QQQ with lower-fee alternatives like QQQM, but this is more of a long-term fund choice discussion than a direct catalyst for today’s move. Article Title
• Negative Sentiment: Several pieces warn that the rally may be getting stretched, with concerns about valuation, concentration in a small group of tech leaders, and sensitivity to macro shocks such as inflation or bond yield spikes.

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.