5,109 Shares in Invesco QQQ $QQQ Purchased by Carroll Advisory Group LLC

Carroll Advisory Group LLC purchased a new position in Invesco QQQ (NASDAQ:QQQ) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 5,109 shares of the exchange traded fund’s stock, valued at approximately $3,138,000. Invesco QQQ makes up 1.4% of Carroll Advisory Group LLC’s investment portfolio, making the stock its 21st largest holding.

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

Invesco QQQ Stock Performance

QQQ opened at $717.54 on Friday. The company’s 50-day simple moving average is $638.80 and its two-hundred day simple moving average is $623.07. Invesco QQQ has a 52-week low of $505.58 and a 52-week high of $722.12.

Invesco QQQ Cuts Dividend

The business also recently announced 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. The ex-dividend date was Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.4%.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: Nvidia’s buybacks, dividend increase, and AI growth are putting Nasdaq-heavy ETFs like QQQ in focus, reinforcing demand for large-cap tech exposure. NVIDIA Ramps Up Shareholder Returns: ETFs in Focus
• Positive Sentiment: Semiconductor strength remains a tailwind for QQQ, as the sector’s long-running rally continues to support growth-oriented technology indexes. Is the VanEck Semiconductor ETF the Right ETF to Own as We Head Into June?
• Neutral Sentiment: Some market commentary suggests ETFs are increasingly dominating trading flows, but the article is more thematic than a direct driver for QQQ today. ETF Zoo: Why Rebalancing Killed the ARK Star
• Negative Sentiment: Earlier market coverage pointed to mixed ETF performance and a pullback in U.S. equities, which can weigh on QQQ when traders rotate out of growth stocks. Exchange-Traded Funds Mixed, US Equities Decline After Midday

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.