TrustBank Takes $21.26 Million Position in Invesco QQQ $QQQ

TrustBank bought a new position in Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 34,612 shares of the exchange traded fund’s stock, valued at approximately $21,262,000. Invesco QQQ makes up 8.9% of TrustBank’s portfolio, making the stock its 3rd largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QQQ. Goodman Advisory Group LLC purchased a new position in Invesco QQQ in the third quarter worth $25,000. Shcp LLC purchased a new position in Invesco QQQ in the third quarter worth $27,000. Annis Gardner Whiting Capital Advisors LLC grew its position in Invesco QQQ by 2,150.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 43 shares in the last quarter. Rachor Investment Advisory Services LLC purchased a new position in Invesco QQQ in the fourth quarter worth $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in Invesco QQQ in the third quarter worth $40,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Trading Up 1.8%

Shares of NASDAQ:QQQ opened at $730.28 on Wednesday. Invesco QQQ has a 52-week low of $511.93 and a 52-week high of $731.17. The firm has a fifty day moving average of $643.93 and a 200 day moving average of $624.45.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors 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 annualized dividend and a yield of 0.4%.

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: Broad market ETFs were higher in afternoon trading, suggesting ongoing support for large-cap growth and index funds like QQQ. Exchange-Traded Funds Rise, US Equities Mixed After Midday
• Positive Sentiment: Commentary highlighted QQQ’s recent strength, noting that the ETF has been trending upward over the past several sessions and remains a focal point for investors seeking exposure to Nasdaq-100 leaders. Why Is Invesco QQQ Trust ETF (QQQ) Rising Today, 5/26/26?
• Neutral Sentiment: Multiple articles simply recapped QQQ’s structure and performance profile, reinforcing its role as a core large-cap growth ETF but not pointing to any new catalyst. Should Invesco QQQ (QQQ) Be on Your Investing Radar?
• Negative Sentiment: One report warned that a potential fast-track inclusion of SpaceX in the Nasdaq-100 could create technical rebalancing risk for QQQ, which may pressure the ETF if index changes force large adjustments. SpaceX’s IPO Could Create a Hidden Risk for Nasdaq-100 ETF Investors

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.