Proactive Wealth Strategies LLC Grows Stock Position in Invesco QQQ $QQQ

Proactive Wealth Strategies LLC increased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 13.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,429 shares of the exchange traded fund’s stock after buying an additional 899 shares during the quarter. Invesco QQQ comprises approximately 1.8% of Proactive Wealth Strategies LLC’s portfolio, making the stock its 13th largest position. Proactive Wealth Strategies LLC’s holdings in Invesco QQQ were worth $4,564,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QQQ. Goodman Advisory Group LLC purchased a new stake in Invesco QQQ in the third quarter valued at approximately $25,000. Shcp LLC purchased a new stake in Invesco QQQ in the third quarter valued at approximately $27,000. Rachor Investment Advisory Services LLC purchased a new stake in Invesco QQQ in the fourth quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC purchased a new stake in Invesco QQQ in the third quarter valued at approximately $40,000. Finally, Morgan Dempsey Capital Management LLC raised its position in Invesco QQQ by 45.5% in 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 during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ opened at $714.71 on Thursday. Invesco QQQ has a 52-week low of $505.58 and a 52-week high of $716.65. The business’s 50 day moving average is $624.06 and its two-hundred day moving average is $618.92.

Invesco QQQ Cuts Dividend

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

Key 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

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.