Plus Group Wealth Advisors LLC Takes Position in Invesco QQQ $QQQ

Plus Group Wealth Advisors LLC acquired a new stake in shares of Invesco QQQ (NASDAQ:QQQ) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 18,364 shares of the exchange traded fund’s stock, valued at approximately $11,281,000. Invesco QQQ accounts for about 12.5% of Plus Group Wealth Advisors LLC’s investment portfolio, making the stock its largest position.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Stephens Inc. AR increased its holdings in Invesco QQQ by 3.6% in the 4th quarter. Stephens Inc. AR now owns 267,960 shares of the exchange traded fund’s stock valued at $164,610,000 after acquiring an additional 9,378 shares during the last quarter. Kropog Financial Group LLC increased its holdings in Invesco QQQ by 0.6% in the 4th quarter. Kropog Financial Group LLC now owns 31,195 shares of the exchange traded fund’s stock valued at $19,163,000 after acquiring an additional 185 shares during the last quarter. AlphaCore Capital LLC increased its holdings in Invesco QQQ by 80.0% in the 4th quarter. AlphaCore Capital LLC now owns 33,392 shares of the exchange traded fund’s stock valued at $20,513,000 after acquiring an additional 14,846 shares during the last quarter. Kapstone Financial Advisors LLC increased its holdings in Invesco QQQ by 1.5% in the 4th quarter. Kapstone Financial Advisors LLC now owns 7,064 shares of the exchange traded fund’s stock valued at $4,339,000 after acquiring an additional 107 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Invesco QQQ by 11.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock valued at $2,179,321,000 after acquiring an additional 375,581 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ News Roundup

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

• Positive Sentiment: QQQ-related coverage highlighted that the ETF has still been attracting attention from investors, and Invesco pulled in $4.9 billion in ETF inflows, signaling continued demand for the firm’s products. ETF League Tables: Invesco Pulls In $4.9B
• Positive Sentiment: A pre-market market update noted U.S.-China meeting optimism and broad ETF/futures gains, which can support QQQ because it tracks the Nasdaq 100. Exchange-Traded Funds, Equity Futures Advance Pre-Bell Thursday Amid US-China Meeting
• Neutral Sentiment: Some commentary argued the market rally remains supported despite hot inflation prints and that stocks are not crashing because of AI skepticism alone, suggesting mixed but not clearly negative conditions for QQQ. Why Stocks Refuse To Crash (It’s Not AI)
• Neutral Sentiment: Several articles discussed market breadth, sentiment, and index mechanics, including the upcoming SpaceX IPO possibly forcing index-related buying, which could be a technical tailwind for Nasdaq-linked funds but is still speculative. SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.
• Negative Sentiment: Multiple pieces warned that Treasury yields are breaking out, stagflation odds are rising, the job market is weakening, and recession risk is increasing. Higher yields and slowing growth are typically negative for QQQ’s high-duration tech holdings. Treasury Rates Are Breaking Out Of A Multi-Year Consolidation
• Negative Sentiment: Additional bearish commentary flagged “market bloodshed,” a Hindenburg Omen warning sign, and an overextended rally due for correction, all of which reinforce risk-off sentiment toward QQQ. The New Fed Chair’s Balance Sheet Erasure And Market Bloodshed

Invesco QQQ Trading Down 1.5%

Shares of NASDAQ QQQ opened at $708.93 on Friday. The firm’s fifty day moving average is $628.38 and its two-hundred day moving average is $620.26. Invesco QQQ has a 52-week low of $505.58 and a 52-week high of $722.03.

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 issued a $0.7328 dividend. This represents a $2.93 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, March 23rd.

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.