Signet Private Wealth LLC Invests $1.61 Million in Invesco QQQ $QQQ

Signet Private Wealth LLC acquired a new position in Invesco QQQ (NASDAQ:QQQ) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,628 shares of the exchange traded fund’s stock, valued at approximately $1,614,000. Invesco QQQ makes up about 1.5% of Signet Private Wealth LLC’s investment portfolio, making the stock its 15th biggest position.

Other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position 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 worth $2,179,321,000 after buying an additional 375,581 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Invesco QQQ by 0.3% in the third quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund’s stock valued at $1,843,749,000 after acquiring an additional 8,038 shares during the last quarter. Analyst IMS Investment Management Services Ltd. raised its holdings in Invesco QQQ by 68.6% during the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock worth $1,075,091,000 after acquiring an additional 712,026 shares in the last quarter. US Bancorp DE raised its holdings in Invesco QQQ by 0.5% during the third quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock worth $827,346,000 after acquiring an additional 7,378 shares in the last quarter. Finally, Maxi Investments CY Ltd boosted its position in Invesco QQQ by 8.1% during the third quarter. Maxi Investments CY Ltd now owns 1,235,000 shares of the exchange traded fund’s stock valued at $741,457,000 after purchasing an additional 92,700 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

QQQ stock opened at $693.69 on Thursday. The business has a 50 day moving average price of $675.37 and a two-hundred day moving average price of $633.67. Invesco QQQ has a twelve month low of $523.65 and a twelve month high of $748.65.

Invesco QQQ Cuts Dividend

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

More Invesco QQQ News

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

• Positive Sentiment: Some market commentary argues the U.S. economy remains resilient and Q2 growth may be accelerating, which supports earnings expectations for large-cap tech holdings. Nowcast Data Suggest U.S. Growth Is Accelerating In Q2
• Positive Sentiment: Several pieces note that the Nasdaq-100 can offer more upside than the S&P 500, reinforcing the long-term appeal of QQQ’s growth-heavy exposure. Should You Invest in the S&P 500 or the Nasdaq-100 Right Now?
• Neutral Sentiment: Articles comparing QQQ with QQQM and VGT are mostly educational, but they keep attention on valuation, index structure, and whether investors prefer a pure tech fund or broader Nasdaq exposure. QQQ vs. QQQM: Same Index, So Which One Should You Actually Buy?
• Neutral Sentiment: Coverage of the SpaceX IPO and possible future Nasdaq-100 inclusion is more of a medium-term index consideration than an immediate driver for QQQ. SpaceX Could Join the Nasdaq-100 Very Soon. Should You Buy the Invesco QQQ Trust Today?
• Negative Sentiment: Hot CPI/inflation headlines are the most relevant near-term drag, since stickier inflation could delay Fed easing and pressure the long-duration tech names that dominate QQQ. CPI Inflation Rate +4.2%: Hottest in 3 Years
• Negative Sentiment: Broader market commentary about a possible market top and stock-market breakdown adds to caution around risk assets, including QQQ. 7 Signs Markets Are Near A Top

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.