Wealthspire Advisors LLC Sells 7,368 Shares of Invesco QQQ $QQQ

Wealthspire Advisors LLC decreased its position in Invesco QQQ (NASDAQ:QQQ) by 5.2% during the 4th quarter, HoldingsChannel reports. The fund owned 133,657 shares of the exchange traded fund’s stock after selling 7,368 shares during the quarter. Invesco QQQ comprises about 0.7% of Wealthspire Advisors LLC’s portfolio, making the stock its 28th largest holding. Wealthspire Advisors LLC’s holdings in Invesco QQQ were worth $82,107,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. SG Americas Securities LLC raised its holdings in shares of Invesco QQQ by 120.2% in the fourth quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock valued at $131,292,000 after purchasing an additional 1,270,102 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of Invesco QQQ by 142.4% during the 4th quarter. Bank of Montreal Can now owns 1,431,050 shares of the exchange traded fund’s stock worth $877,406,000 after buying an additional 840,803 shares during the last quarter. Analyst IMS Investment Management Services Ltd. grew its holdings in shares of Invesco QQQ by 68.6% in 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 in the last quarter. Axxcess Wealth Management LLC grew its holdings in shares of Invesco QQQ by 1,216.9% in 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 in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco QQQ by 11.8% in the fourth 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 last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Key Headlines Impacting Invesco QQQ

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

• Positive Sentiment: Short-term liquidity could improve market conditions, which may support growth stocks and the Nasdaq-100 holdings inside QQQ. A Short-Term Liquidity Boost May Be Coming To Markets
• Positive Sentiment: Broad U.S. equities were moving higher during the day, and ETF strength suggests investors were still willing to add exposure to large-cap growth and tech names. Exchange-Traded Funds Rise as US Equities Advance After Midday
• Neutral Sentiment: Some commentary suggests QQQ remains the familiar way to own the Nasdaq-100, but investors are being reminded that cheaper alternatives exist, which may affect fund flows more than near-term performance. Forget QQQ as the Same Company Sells the Same Nasdaq-100 for 17% Less
• Neutral Sentiment: One ETF comparison argued that QQQ has historically outperformed some thematic tech funds, reinforcing its role as a benchmark Nasdaq-100 vehicle rather than a direct catalyst for a move in the fund. ARKQ vs. QQQ: Which Tech Stock ETF is the Better Buy?
• Negative Sentiment: Multiple articles warned that May CPI showed inflation remaining elevated, which could keep the Fed on hold or push it toward a more hawkish stance—typically a headwind for high-valuation tech stocks in QQQ. May CPI Report: War Impact Remains Contained, Allowing The Fed To Stay On Hold
• Negative Sentiment: Several pieces focused on a possible AI bubble, slower token spending, and “cracks” in the AI trade, which could pressure Nasdaq-heavy funds like QQQ if investors rotate out of mega-cap tech. Market Rotation Alert: The AI Bubble Is Showing Cracks

Invesco QQQ Trading Up 0.6%

QQQ opened at $721.34 on Friday. The business’s 50-day simple moving average is $680.91 and its 200 day simple moving average is $635.17. Invesco QQQ has a 52-week low of $523.65 and a 52-week high of $748.65.

Invesco QQQ Cuts Dividend

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

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.