JW Asset Management LLC Buys New Position in Invesco QQQ $QQQ

JW Asset Management LLC bought a new stake in shares of Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,000 shares of the exchange traded fund’s stock, valued at approximately $614,000. Invesco QQQ accounts for approximately 0.2% of JW Asset Management LLC’s investment portfolio, making the stock its 16th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Goodman Advisory Group LLC bought a new stake in Invesco QQQ during the 3rd quarter valued at approximately $25,000. Shcp LLC bought a new stake in Invesco QQQ during the 3rd quarter valued at approximately $27,000. Rachor Investment Advisory Services LLC bought a new stake in shares of Invesco QQQ in the 4th quarter worth approximately $29,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Invesco QQQ in the 3rd quarter worth approximately $40,000. Finally, Morgan Dempsey Capital Management LLC lifted its position in shares of Invesco QQQ by 45.5% in the 3rd quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 25 shares during the period. Institutional investors own 44.58% of the company’s stock.

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 Trading Up 0.2%

Shares of QQQ stock opened at $714.51 on Friday. The stock has a 50 day moving average of $636.60 and a two-hundred day moving average of $622.40. Invesco QQQ has a 12 month low of $505.58 and a 12 month high of $722.03.

Invesco QQQ Cuts Dividend

The company also recently disclosed 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 was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.4%.

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.