Peak Retirement Planning Inc. Grows Stake in Invesco QQQ $QQQ

Peak Retirement Planning Inc. grew its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 2,090.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,463 shares of the exchange traded fund’s stock after buying an additional 37,661 shares during the period. Invesco QQQ accounts for about 5.7% of Peak Retirement Planning Inc.’s investment portfolio, making the stock its 2nd biggest holding. Peak Retirement Planning Inc.’s holdings in Invesco QQQ were worth $24,243,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco QQQ by 11.8% during 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 period. PNC Financial Services Group Inc. increased its stake in shares of Invesco QQQ by 0.3% during 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 period. Envestnet Asset Management Inc. increased its stake in shares of Invesco QQQ by 2.2% during the third quarter. Envestnet Asset Management Inc. now owns 2,986,326 shares of the exchange traded fund’s stock valued at $1,792,901,000 after acquiring an additional 64,025 shares during the period. Analyst IMS Investment Management Services Ltd. increased its stake in shares of 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 valued at $1,075,091,000 after acquiring an additional 712,026 shares during the period. Finally, US Bancorp DE increased its stake in shares of 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 valued at $827,346,000 after acquiring an additional 7,378 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.5%

NASDAQ QQQ opened at $746.33 on Wednesday. Invesco QQQ has a 12 month low of $522.66 and a 12 month high of $746.44. The company’s 50 day simple moving average is $655.03 and its 200 day simple moving average is $627.83.

Invesco QQQ Cuts Dividend

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

Invesco QQQ News Summary

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

• Positive Sentiment: AI enthusiasm remains a key tailwind for the Nasdaq-100, helping support QQQ as leading tech stocks and semiconductors continue to post strong gains. Article Title
• Positive Sentiment: Market commentary suggests the broader AI trade is still attracting buyers, with sentiment around growth ETFs staying constructive despite some volatility in the tape. Article Title
• Neutral Sentiment: QQQ’s strong 12-month performance is keeping the fund in focus, and a June rebalance in the Nasdaq-100 ETF complex may slightly reshape holdings, but the near-term impact appears limited. Article Title
• Neutral Sentiment: Broader market tone remains mixed, with futures and ETFs reacting to Middle East headlines and shifting risk appetite, which may create short-term noise for QQQ but does not yet change the longer-term growth narrative. Article Title
• Negative Sentiment: Several analysts are cautioning that the AI rally could be overextended, with some arguing that speculation, high valuations, and rising yields could pressure richly valued tech-heavy funds like QQQ if sentiment cools. Article Title

About Invesco QQQ

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.