Invesco QQQ $QQQ Shares Acquired by Savant Capital LLC

Savant Capital LLC lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 27.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 57,093 shares of the exchange traded fund’s stock after buying an additional 12,418 shares during the period. Savant Capital LLC’s holdings in Invesco QQQ were worth $35,073,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in QQQ. SG Americas Securities LLC lifted its stake in shares of Invesco QQQ by 120.2% during the fourth quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock worth $131,292,000 after buying an additional 1,270,102 shares during the period. Analyst IMS Investment Management Services Ltd. lifted its stake in Invesco QQQ by 68.6% during the 4th quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock valued at $1,075,091,000 after acquiring an additional 712,026 shares during the period. Axxcess Wealth Management LLC lifted its stake in Invesco QQQ by 1,216.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 561,706 shares of the exchange traded fund’s stock valued at $345,070,000 after acquiring an additional 519,051 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco QQQ by 11.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock valued at $2,179,321,000 after acquiring an additional 375,581 shares during the period. Finally, NorthRock Partners LLC lifted its stake in Invesco QQQ by 1,355.6% during the 3rd quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock valued at $183,024,000 after acquiring an additional 283,909 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $735.60 on Friday. Invesco QQQ has a 12 month low of $511.93 and a 12 month high of $736.60. The company has a 50 day simple moving average of $649.16 and a two-hundred day simple moving average of $626.16.

Invesco QQQ Cuts Dividend

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

More Invesco QQQ News

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

• Positive Sentiment: Tech and Nasdaq futures have been firm, with AI-driven strength offsetting geopolitical worries and supporting the Nasdaq 100, which QQQ tracks. S&P 500, Nasdaq, Dow Futures Rise As AI-Driven Tech Rally Overpowers ‘Defensive’ Iran Strikes: ONDS, NBIS, RCAT, SNOW In Focus
• Positive Sentiment: Market commentary points to ongoing institutional buying in technology, which can continue to benefit broad tech ETFs like Invesco QQQ Trust (QQQ). Institutional Order Flows Expand As Technology And Aerospace Drive Market Activity
• Neutral Sentiment: Short-interest data showed no meaningful short position in QQQ, so there is no major bearish positioning signal driving the fund today.
• Neutral Sentiment: Several market pieces discussed the broader shift toward value ETFs and ETF growth overall, but these were mostly general commentary and not a direct negative for QQQ. Vanguard’s Value ETF May Soon Outperform Your Tech Holdings as “The Great Migration” Accelerates
• Negative Sentiment: Some commentary noted that Nasdaq strength has been uneven at times, with weakness in chips and caution around market breadth, which could temper gains for QQQ if tech leadership narrows. Dow Closes At Record Highs On Iran Truce Optimism, While Nasdaq Snaps Four-Day Win Streak On Weak Chip Stocks

Invesco QQQ Company 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.