Invesco QQQ $QQQ Position Increased by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC raised its position in Invesco QQQ (NASDAQ:QQQ) by 392.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,241 shares of the exchange traded fund’s stock after purchasing an additional 1,786 shares during the quarter. Prevail Innovative Wealth Advisors LLC’s holdings in Invesco QQQ were worth $1,377,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of QQQ. Sovran Advisors LLC increased its stake in shares of Invesco QQQ by 8.0% in the fourth quarter. Sovran Advisors LLC now owns 18,032 shares of the exchange traded fund’s stock worth $11,212,000 after purchasing an additional 1,340 shares during the period. Corepath Wealth Partners LLC increased its position in Invesco QQQ by 19.7% in the 4th quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock worth $5,471,000 after buying an additional 1,436 shares during the period. Strengthening Families & Communities LLC acquired a new position in shares of Invesco QQQ during the third quarter worth approximately $10,771,000. Cane Capital Partners LLC acquired a new position in shares of Invesco QQQ during the fourth quarter worth approximately $715,000. Finally, Coyle Financial Counsel LLC boosted its position in shares of Invesco QQQ by 4.9% in the third quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock valued at $26,091,000 after acquiring an additional 2,035 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 0.2%

Shares of QQQ stock opened at $714.51 on Friday. Invesco QQQ has a 1 year low of $505.58 and a 1 year high of $722.03. The firm’s fifty day simple moving average is $636.60 and its 200 day simple moving average is $622.40.

Invesco QQQ Cuts Dividend

The company 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 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: NVIDIA’s shareholder returns and AI growth are lifting sentiment toward Nvidia-heavy ETFs such as QQQ, which could help the fund as investors continue to favor large-cap tech exposure. NVIDIA Ramps Up Shareholder Returns: ETFs in Focus
• Positive Sentiment: Market commentary suggested QQQ’s concentration in leaders like NVIDIA, Apple, and Microsoft has been a tailwind during the AI spending boom, reinforcing the ETF’s appeal versus equal-weight Nasdaq products. The AI Capex Cycle Is Crushing Equal-Weight NASDAQ. Here’s Why QQQ’s Concentration Bet Is Winning
• Neutral Sentiment: Broader market articles noted mixed ETF performance and a midday pullback in U.S. equities, which may be limiting upside for QQQ even as growth stocks remain in focus. Exchange-Traded Funds Mixed, US Equities Decline After Midday
• Neutral Sentiment: Several market-commentary pieces pointed to investor caution ahead of key macro and earnings catalysts, suggesting sentiment toward QQQ remains mixed rather than broadly bearish. Dow Jones, Nasdaq And S&P 500 Intraday Levels – Stock Markets Stall, Too Early For The Deal?

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.