Invesco QQQ $QQQ is Fox Financial Inc’s 4th Largest Position

Fox Financial Inc trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 3.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,284 shares of the exchange traded fund’s stock after selling 1,088 shares during the period. Invesco QQQ comprises approximately 15.3% of Fox Financial Inc’s portfolio, making the stock its 4th largest position. Fox Financial Inc’s holdings in Invesco QQQ were worth $19,218,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in QQQ. SG Americas Securities LLC boosted its position in Invesco QQQ by 120.2% during the fourth quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock valued at $131,292,000 after buying an additional 1,270,102 shares during the period. Analyst IMS Investment Management Services Ltd. boosted its holdings in shares of Invesco QQQ by 68.6% during the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock worth $1,075,091,000 after purchasing an additional 712,026 shares during the period. Axxcess Wealth Management LLC boosted its holdings in shares of Invesco QQQ by 1,216.9% during the fourth quarter. Axxcess Wealth Management LLC now owns 561,706 shares of the exchange traded fund’s stock worth $345,070,000 after purchasing an additional 519,051 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco QQQ by 11.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock worth $2,179,321,000 after purchasing an additional 375,581 shares during the period. Finally, NorthRock Partners LLC lifted its holdings in Invesco QQQ by 1,355.6% in the third quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock worth $183,024,000 after buying an additional 283,909 shares during the period. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

More Invesco QQQ News

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

• Positive Sentiment: Nvidia’s buybacks, dividend increase, and AI growth are putting Nasdaq-heavy ETFs like QQQ in focus, reinforcing demand for large-cap tech exposure. NVIDIA Ramps Up Shareholder Returns: ETFs in Focus
• Positive Sentiment: Semiconductor strength remains a tailwind for QQQ, as the sector’s long-running rally continues to support growth-oriented technology indexes. Is the VanEck Semiconductor ETF the Right ETF to Own as We Head Into June?
• Neutral Sentiment: Some market commentary suggests ETFs are increasingly dominating trading flows, but the article is more thematic than a direct driver for QQQ today. ETF Zoo: Why Rebalancing Killed the ARK Star
• Negative Sentiment: Earlier market coverage pointed to mixed ETF performance and a pullback in U.S. equities, which can weigh on QQQ when traders rotate out of growth stocks. Exchange-Traded Funds Mixed, US Equities Decline After Midday

Invesco QQQ Stock Performance

Shares of QQQ opened at $717.54 on Friday. Invesco QQQ has a one year low of $505.58 and a one year high of $722.12. The company has a 50-day simple moving average of $638.80 and a two-hundred day simple moving average of $623.07.

Invesco QQQ Cuts Dividend

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