Stonebridge Financial Group LLC MO Takes $1.96 Million Position in Invesco QQQ $QQQ

Stonebridge Financial Group LLC MO purchased a new stake in Invesco QQQ (NASDAQ:QQQ) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,183 shares of the exchange traded fund’s stock, valued at approximately $1,955,000. Invesco QQQ accounts for 1.7% of Stonebridge Financial Group LLC MO’s investment portfolio, making the stock its 13th biggest position.

A number of other large investors also recently made changes to their positions in QQQ. Brighton Jones LLC lifted its stake in shares of Invesco QQQ by 15.0% in the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after purchasing an additional 4,989 shares during the period. Revolve Wealth Partners LLC raised its stake in Invesco QQQ by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock worth $2,687,000 after buying an additional 176 shares during the period. Jupiter Wealth Management LLC acquired a new stake in Invesco QQQ during the 2nd quarter worth $290,000. Wealth Group Ltd. raised its stake in Invesco QQQ by 283.7% during the 2nd quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock worth $13,587,000 after buying an additional 18,210 shares during the period. Finally, Invesco Ltd. raised its stake in Invesco QQQ by 1,057.3% during the 2nd quarter. Invesco Ltd. now owns 33,063 shares of the exchange traded fund’s stock worth $18,239,000 after buying an additional 30,206 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.8%

Shares of Invesco QQQ stock opened at $707.24 on Wednesday. Invesco QQQ has a 12 month low of $505.58 and a 12 month high of $714.59. The stock’s fifty day simple moving average is $621.92 and its 200 day simple moving average is $618.18.

Invesco QQQ Cuts Dividend

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

Invesco QQQ News Roundup

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

• Positive Sentiment: QQQ is benefiting from renewed appetite for AI and semiconductor stocks, with articles noting that chip stocks have been outperforming software and that QQQ offers exposure to both groups. Chip Stocks Have Been Crushing Software. Here’s How to Play Both.
• Positive Sentiment: Market sentiment has improved as cooling geopolitical tensions, resilient employment data, and AI enthusiasm pushed risk assets higher, supporting the Nasdaq and QQQ. The Zacks Analyst Blog QQQ, DIA, DRAM, WGMI, EWY, DIME and BKCH
• Positive Sentiment: Analysts and market commentary also described the broader move as a “risk-on” trade, which tends to favor growth-heavy ETFs like QQQ. Time for Risk-On Trades? ETFs in Focus
• Neutral Sentiment: QQQ reached a new 12-month high, but recent commentary suggests some of the rally is already well-established, which may leave the ETF vulnerable if momentum in megacap tech slows. Invesco QQQ (NASDAQ:QQQ) Sets New 12-Month High – What’s Next?
• Negative Sentiment: Some articles warn that the AI trade is becoming crowded and heavily dependent on semiconductor leadership, meaning QQQ could face sharper pullbacks if chip momentum fades. GPTY Owns The Hottest AI Trade – That’s The Problem

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.