Steel Grove Capital Advisors LLC Cuts Position in Invesco QQQ $QQQ

Steel Grove Capital Advisors LLC trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 1.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 258,365 shares of the exchange traded fund’s stock after selling 3,835 shares during the period. Invesco QQQ makes up 16.5% of Steel Grove Capital Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Steel Grove Capital Advisors LLC’s holdings in Invesco QQQ were worth $158,716,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of QQQ. Goodman Advisory Group LLC bought a new position in shares of Invesco QQQ during the 3rd quarter worth approximately $25,000. Shcp LLC bought a new position in shares of Invesco QQQ during the 3rd quarter worth approximately $27,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Invesco QQQ by 2,150.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 43 shares in the last quarter. Rachor Investment Advisory Services LLC bought a new position in shares of Invesco QQQ during the 4th quarter worth approximately $29,000. Finally, Measured Wealth Private Client Group LLC bought a new position in shares of Invesco QQQ during the 3rd quarter worth approximately $40,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Performance

Invesco QQQ stock 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 stock’s 50 day moving average price is $643.93 and its two-hundred day moving average price is $624.45.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, March 23rd.

Invesco QQQ News Roundup

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

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.