Invesco QQQ $QQQ Shares Acquired by Cherrydale Wealth Management LLC

Cherrydale Wealth Management LLC lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 18.5% during the fourth quarter, Holdings Channel reports. The fund owned 16,516 shares of the exchange traded fund’s stock after acquiring an additional 2,580 shares during the period. Invesco QQQ comprises 3.1% of Cherrydale Wealth Management LLC’s investment portfolio, making the stock its 9th largest position. Cherrydale Wealth Management LLC’s holdings in Invesco QQQ were worth $10,146,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Adamsbrown Wealth Consultants LLC grew its stake in Invesco QQQ by 23.1% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 6,181 shares of the exchange traded fund’s stock worth $3,797,000 after purchasing an additional 1,159 shares in the last quarter. Avaii Wealth Management LLC increased its holdings in Invesco QQQ by 0.5% during the 4th quarter. Avaii Wealth Management LLC now owns 9,552 shares of the exchange traded fund’s stock worth $5,868,000 after purchasing an additional 43 shares during the period. Shearwater Capital LLC raised its position in Invesco QQQ by 5.0% in the 4th quarter. Shearwater Capital LLC now owns 530 shares of the exchange traded fund’s stock valued at $326,000 after purchasing an additional 25 shares in the last quarter. Mather Group LLC. increased its stake in shares of Invesco QQQ by 9.9% during the fourth quarter. Mather Group LLC. now owns 24,422 shares of the exchange traded fund’s stock worth $15,003,000 after buying an additional 2,191 shares during the period. Finally, Granite Group Advisors LLC purchased a new stake in shares of Invesco QQQ during the fourth quarter worth approximately $928,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ News Roundup

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

• Positive Sentiment: Hyperscaler and AI optimism supports large-cap tech names that dominate QQQ, providing a demand tailwind for the ETF. Hyperscalers Are Bullish on AI’s Future
• Neutral Sentiment: Global X launched the NYSE 100 ETF (NYSX), giving investors another large‑cap tech alternative to QQQ; could modestly affect flows over time but not an immediate disruption. Tech Growth Reimagined: Inside Global X’s Launch of NYSX
• Neutral Sentiment: Coverage and analyst pieces continue to highlight QQQ as a core way to get Nasdaq‑100 exposure; that keeps it on investor radars even amid volatility. Should Invesco QQQ (QQQ) Be on Your Investing Radar?
• Neutral Sentiment: Short-term trading ideas (options) tied to Invesco corporate moves have surfaced, which can increase volume and volatility in QQQ but are not a directional guarantee. Use options to play a potential Invesco runup after Janus Henderson deal
• Negative Sentiment: Rising oil prices and renewed Iran‑related geopolitical risk are prompting risk‑off moves that pressure growth/tech‑heavy ETFs like QQQ. Oil Prices Rise +80% Since December – When Will It End?
• Negative Sentiment: Broad ETF selling and midday weakness in US equities pulled major ETFs lower, contributing to downward pressure on QQQ. Exchange-Traded Funds Fall as US Equities Decline After Midday
• Negative Sentiment: Invesco’s launch of an equal‑weight QQQ product (QEW) and other new ETF entrants could reallocate flows away from cap‑weighted QQQ over time. A New ETF Right for These Times

Invesco QQQ Stock Down 2.0%

Shares of NASDAQ:QQQ opened at $562.58 on Friday. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01. The firm’s 50 day moving average price is $606.07 and its 200 day moving average price is $609.40.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors 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 dividend on an annualized basis and a dividend yield of 0.5%.

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.