Williams & Novak LLC Grows Position in Invesco QQQ $QQQ

Williams & Novak LLC increased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 55.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,015 shares of the exchange traded fund’s stock after buying an additional 1,438 shares during the period. Invesco QQQ comprises about 1.9% of Williams & Novak LLC’s portfolio, making the stock its 13th biggest position. Williams & Novak LLC’s holdings in Invesco QQQ were worth $2,466,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in QQQ. Well Done LLC increased its stake in Invesco QQQ by 0.5% in the fourth quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund’s stock valued at $2,113,000 after purchasing an additional 16 shares during the last quarter. Investment Management Corp VA ADV increased its stake in Invesco QQQ by 1.6% in the third quarter. Investment Management Corp VA ADV now owns 1,110 shares of the exchange traded fund’s stock valued at $667,000 after purchasing an additional 17 shares during the last quarter. Tenon Financial LLC increased its stake in Invesco QQQ by 2.2% in the fourth quarter. Tenon Financial LLC now owns 805 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 17 shares during the last quarter. SJS Investment Consulting Inc. increased its stake in Invesco QQQ by 1.7% in the fourth quarter. SJS Investment Consulting Inc. now owns 1,017 shares of the exchange traded fund’s stock valued at $625,000 after purchasing an additional 17 shares during the last quarter. Finally, Cascade Investment Group Inc. increased its stake in Invesco QQQ by 4.6% in the fourth quarter. Cascade Investment Group Inc. now owns 388 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 17 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Trading Up 0.7%

Shares of Invesco QQQ stock opened at $719.79 on Friday. Invesco QQQ has a 52 week low of $505.58 and a 52 week high of $722.03. The firm’s 50 day moving average is $626.42 and its two-hundred day moving average is $619.64.

Invesco QQQ Cuts Dividend

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

Key Headlines Impacting Invesco QQQ

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

• Positive Sentiment: QQQ is benefiting from strength in tech and semiconductors, with the Nasdaq 100 advancing despite hotter inflation data. Stock Market Today: Nasdaq 100 Rises Despite Hot PPI, Nvidia Hits Record High
• Positive Sentiment: Invesco’s QQQ saw a jump in assets under management in April, indicating strong investor demand for the fund and continued capital flowing into Nasdaq-100 exposure. Invesco’s QQQ AUM jumps 18% in April amid market gains
• Positive Sentiment: ETF flow data showed Invesco pulling in billions across its lineup, reinforcing that investors are still allocating heavily to passive equity funds. ETF League Tables: Invesco Pulls In $4.9B
• Neutral Sentiment: Several articles discussed QQQ versus alternatives like QQQM and VOO, reflecting ongoing investor debate about valuation, concentration risk, and whether QQQ remains the best long-term choice. QQQ vs. VOO — Which ETF Should Investors Buy Now?
• Neutral Sentiment: Commentary about a potential SpaceX IPO and broader market plumbing may affect index flows, but it is indirect and not a primary driver of QQQ today. SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.

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.