Invesco QQQ $QQQ is Hazlett Burt & Watson Inc.’s 2nd Largest Position

Hazlett Burt & Watson Inc. boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 11.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 24,517 shares of the exchange traded fund’s stock after acquiring an additional 2,534 shares during the period. Invesco QQQ accounts for about 4.8% of Hazlett Burt & Watson Inc.’s investment portfolio, making the stock its 2nd largest position. Hazlett Burt & Watson Inc.’s holdings in Invesco QQQ were worth $15,068,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Goodman Advisory Group LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter valued at $25,000. Shcp LLC purchased a new position in shares of Invesco QQQ during the 3rd quarter valued at $27,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Invesco QQQ by 2,150.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 43 shares during the period. Rachor Investment Advisory Services LLC bought a new position in Invesco QQQ in the 4th quarter worth $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in Invesco QQQ in the 3rd quarter worth $40,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $738.31 on Friday. The business’s 50-day simple moving average is $652.03 and its two-hundred day simple moving average is $626.95. Invesco QQQ has a 52 week low of $511.93 and a 52 week high of $741.63.

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 given a dividend of $0.7328 per share. The ex-dividend date was Monday, March 23rd. This represents a $2.93 annualized dividend and a dividend yield of 0.4%.

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: Tech leadership remains intact, with market coverage noting that AI-driven stocks are helping push broader indexes and Nasdaq futures higher despite geopolitical noise and softer trading volume. S&P 500, Nasdaq, Dow Futures Rise As AI-Driven Tech Rally Overpowers ‘Defensive’ Iran Strikes: ONDS, NBIS, RCAT, SNOW In Focus
• Positive Sentiment: A separate market note said pre-market trading was mostly up, suggesting continued support for risk assets and large-cap growth exposure like QQQ. Pre-Markets Mostly Up on Lower Volume, Trade & Inventory Reports
• Neutral Sentiment: Consumer sentiment hit a record low, but the same report argued the broader economy remains solid, which could keep investors focused on growth stocks rather than a sharp recession trade-off. Consumer Sentiment Hits Record Low – Economy Stays Solid
• Neutral Sentiment: Several commentary pieces warned about stretched valuations, “liquidity bubble” concerns, and the possibility that value stocks or other global ETFs could outperform tech, which may temper enthusiasm for QQQ if sentiment turns. This Global ETF Beat the Nasdaq-100 for Most of the Past Year. Should You Buy It? The AI Black Box: SpaceX, Hyperscalers, And The Liquidity Bubble Beneath The Rally
• Negative Sentiment: Higher-for-longer interest-rate commentary and inflation concerns could pressure growth multiples, especially for the large-cap tech names that dominate QQQ. The Fed Needs To Invert The Yield Curve And Hike To Above 5 Percent PCE Inflation Surges Further Away From Fed’s Target, Now Nearly Double The Fed’s Target, And 5+ Years Above Target
• Negative Sentiment: Coverage on weak chip stocks and talk that the Nasdaq recently lagged due to semiconductor softness highlights a risk to QQQ’s biggest holdings if AI and semiconductor momentum fades. 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

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.