Mesirow Financial Investment Management Inc. Lowers Position in Invesco QQQ $QQQ

Mesirow Financial Investment Management Inc. decreased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 9.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,559 shares of the exchange traded fund’s stock after selling 3,021 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Invesco QQQ were worth $18,162,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in QQQ. Goodman Advisory Group LLC purchased a new stake in Invesco QQQ during the third quarter valued at about $25,000. Shcp LLC purchased a new stake in Invesco QQQ during the third quarter valued at about $27,000. Rachor Investment Advisory Services LLC purchased a new stake in Invesco QQQ during the fourth quarter valued at about $29,000. Measured Wealth Private Client Group LLC purchased a new stake in Invesco QQQ during the third quarter valued at about $40,000. Finally, Morgan Dempsey Capital Management LLC raised its position in Invesco QQQ by 45.5% during the third quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

More Invesco QQQ News

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

• Positive Sentiment: Invesco reported that QQQ’s assets under management jumped 18% in April as broad market gains lifted the fund’s value. Invesco’s QQQ AUM jumps 18% in April amid market gains
• Positive Sentiment: Tech stocks, especially semiconductors, rallied despite a hotter-than-expected PPI report, showing investors are still willing to buy growth names tied to the AI trade. Stock Market Today: Nasdaq 100 Rises Despite Hot PPI, Nvidia Hits Record High
• Neutral Sentiment: Several market commentaries focused on inflation data, Fed expectations, and valuation concerns, which may keep volatility elevated but do not directly change QQQ’s underlying holdings. CPI Inflation Blows Past Fed Rates As Core Services, Gasoline, Electricity, And Food Spike; Fed’s ‘Real’ Rates Are Now Negative
• Neutral Sentiment: Analysts also highlighted QQQ’s role as a core exposure vehicle for both chip and software leaders, reinforcing its appeal to investors seeking continued AI and mega-cap tech exposure. QQQ vs. VOO — Which ETF Should Investors Buy Now?
• Negative Sentiment: Hot inflation readings have revived concerns that the Fed may stay restrictive longer, which could pressure growth stocks and make high-valuation tech shares harder to justify. Producer Price Inflation Explodes As The Services PPI Blows Out On Top Of The Energy Price Spike

Invesco QQQ Stock Performance

NASDAQ QQQ opened at $714.71 on Thursday. The stock’s 50-day simple moving average is $624.06 and its two-hundred day simple moving average is $618.92. Invesco QQQ has a twelve month low of $505.58 and a twelve month high of $716.65.

Invesco QQQ Cuts Dividend

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