Invesco QQQ $QQQ Shares Sold by Valence8 US LP

Valence8 US LP reduced its stake in Invesco QQQ (NASDAQ:QQQ) by 8.2% in the fourth quarter, HoldingsChannel reports. The fund owned 68,788 shares of the exchange traded fund’s stock after selling 6,173 shares during the quarter. Invesco QQQ makes up 12.5% of Valence8 US LP’s holdings, making the stock its 3rd largest holding. Valence8 US LP’s holdings in Invesco QQQ were worth $42,257,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in QQQ. SG Americas Securities LLC lifted its stake in shares of Invesco QQQ by 120.2% in the 4th quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock worth $131,292,000 after acquiring an additional 1,270,102 shares during the period. Analyst IMS Investment Management Services Ltd. lifted its stake in shares of Invesco QQQ by 68.6% in the 4th 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 acquiring an additional 712,026 shares during the period. Axxcess Wealth Management LLC lifted its stake in shares of Invesco QQQ by 1,216.9% in the 4th quarter. Axxcess Wealth Management LLC now owns 561,706 shares of the exchange traded fund’s stock worth $345,070,000 after acquiring an additional 519,051 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of 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 worth $2,179,321,000 after acquiring an additional 375,581 shares during the period. Finally, NorthRock Partners LLC lifted its stake in shares of Invesco QQQ by 1,355.6% in the 3rd quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock worth $183,024,000 after acquiring an additional 283,909 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 0.1%

Shares of NASDAQ:QQQ opened at $729.45 on Thursday. The company has a 50 day moving average of $646.52 and a 200-day moving average of $625.28. Invesco QQQ has a twelve month low of $511.93 and a twelve month high of $733.32.

Invesco QQQ Cuts Dividend

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

Key Invesco QQQ News

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

• Positive Sentiment: AI-driven buying and strong demand for mega-cap growth stocks have been supporting the Nasdaq-100, which is the core benchmark for Invesco QQQ (QQQ). S&P 500, Nasdaq, Dow Futures Rise As AI-Driven Tech Rally Overpowers ‘Defensive’ Iran Strikes: ONDS, NBIS, RCAT, SNOW In Focus
• Positive Sentiment: Investor positioning remains supportive for broad equity ETFs, with reports of institutional order flow expanding in technology names and other growth sectors that can lift QQQ. Institutional Order Flows Expand As Technology And Aerospace Drive Market Activity
• Neutral Sentiment: Market commentary continues to highlight strong interest in ETFs and index products, which reinforces QQQ’s role as a major vehicle for Nasdaq-100 exposure. There’s now more ETFs than stocks: What investors should know
• Neutral Sentiment: QQQ’s tokenized ETF listing and other ETF-related articles are more structural and product-related than immediate stock drivers. Invesco QQQ ETF (Ondo Tokenized ETF) (QQQON)
• Negative Sentiment: Some recent commentary pointed to a possible pause or volatility in Nasdaq strength due to weaker chip stocks and geopolitical uncertainty, which could temper gains in QQQ. Dow Closes At Record Highs On Iran Truce Optimism, While Nasdaq Snaps Four-Day Win Streak On Weak Chip Stocks — META, BA, AAL, DY, VRRM In Focus
• Negative Sentiment: Analysts also flagged technical risks for Nasdaq-100 ETF investors if major new listings enter the index and affect its balance, adding a potential headwind for QQQ. SpaceX’s IPO Could Create a Hidden Risk for Nasdaq-100 ETF Investors

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.