Walser Wealth Management Company A Ltd Liability Co Purchases Shares of 1,267 Invesco QQQ $QQQ

Walser Wealth Management Company A Ltd Liability Co purchased a new stake in shares of Invesco QQQ (NASDAQ:QQQ) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,267 shares of the exchange traded fund’s stock, valued at approximately $778,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Well Done LLC boosted its stake in Invesco QQQ by 0.5% during the fourth quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund’s stock valued at $2,113,000 after buying an additional 16 shares in the last quarter. Tenon Financial LLC grew its holdings in Invesco QQQ by 2.2% during the fourth quarter. Tenon Financial LLC now owns 805 shares of the exchange traded fund’s stock worth $494,000 after acquiring an additional 17 shares during the period. SJS Investment Consulting Inc. raised its position in Invesco QQQ by 1.7% in the fourth quarter. SJS Investment Consulting Inc. now owns 1,017 shares of the exchange traded fund’s stock worth $625,000 after acquiring an additional 17 shares in the last quarter. Cascade Investment Group Inc. raised its position in Invesco QQQ by 4.6% in the fourth quarter. Cascade Investment Group Inc. now owns 388 shares of the exchange traded fund’s stock worth $238,000 after acquiring an additional 17 shares in the last quarter. Finally, Keeler & Nadler Financial Planning & Wealth Management lifted its holdings in Invesco QQQ by 3.0% in the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 576 shares of the exchange traded fund’s stock valued at $354,000 after acquiring an additional 17 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ opened at $740.62 on Friday. Invesco QQQ has a twelve month low of $523.65 and a twelve month high of $748.65. The firm has a 50-day moving average of $692.71 and a two-hundred day moving average of $638.77.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 22nd will be issued a $0.8135 dividend. This represents a $3.25 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Monday, June 22nd. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.73.

Key Headlines Impacting Invesco QQQ

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

• Positive Sentiment: Broad U.S. equity ETFs were higher or stable in intraday trading, suggesting some support for risk assets and large-cap growth exposure. Exchange-Traded Funds, US Equities Higher After Midday
• Positive Sentiment: Market discussion around semiconductors and AI remains a potential tailwind for QQQ because those sectors are key index holdings. Semiconductor Stocks May Be Creating A Stock Market Misalignment
• Neutral Sentiment: ETFs saw unusual volume and investors are watching flows, but the article does not point to a clear QQQ-specific catalyst. 2 ETFs to Watch for Outsized Volume on US Treasury & Dividend
• Neutral Sentiment: Some commentary continues to debate QQQ’s valuation and whether there are cheaper ways to get tech exposure, but this is more of a long-term positioning argument than an immediate stock driver. VOO vs. QQQ — Which Strong Buy-Rated ETF Should You Choose Now?
• Negative Sentiment: Multiple Fed-related articles point to a hawkish policy shift, which could weigh on QQQ by raising discount-rate pressure on high-multiple tech stocks. Fed Chair Warsh in the Spotlight: Will He Advocate Rate Cuts?
• Negative Sentiment: Articles warning that the Fed may not provide forward guidance and could be moving toward rate hikes are a negative backdrop for growth-oriented ETFs like QQQ. New Era for the Fed: Kevin Warsh at the FOMC

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.