Bell Bank lifted its position in Invesco QQQ (NASDAQ:QQQ – Free Report) by 1.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 353,558 shares of the exchange traded fund’s stock after buying an additional 3,431 shares during the quarter. Invesco QQQ accounts for approximately 9.3% of Bell Bank’s portfolio, making the stock its 4th biggest position. Bell Bank’s holdings in Invesco QQQ were worth $217,194,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently bought and sold shares of the company. Camelot Technology Advisors Inc. boosted its holdings in Invesco QQQ by 15.7% during the 4th quarter. Camelot Technology Advisors Inc. now owns 9,359 shares of the exchange traded fund’s stock valued at $5,750,000 after acquiring an additional 1,270 shares during the period. Mirador Capital Partners LP increased its stake in Invesco QQQ by 4.0% during the fourth quarter. Mirador Capital Partners LP now owns 5,093 shares of the exchange traded fund’s stock worth $3,129,000 after purchasing an additional 197 shares during the period. Kaufman Rossin Wealth LLC lifted its position in shares of Invesco QQQ by 10.8% during the fourth quarter. Kaufman Rossin Wealth LLC now owns 727 shares of the exchange traded fund’s stock worth $447,000 after purchasing an additional 71 shares in the last quarter. Fairvoy Private Wealth LLC lifted its position in shares of Invesco QQQ by 2.0% during the fourth quarter. Fairvoy Private Wealth LLC now owns 10,558 shares of the exchange traded fund’s stock worth $6,486,000 after purchasing an additional 209 shares in the last quarter. Finally, Crumly & Associates Inc. boosted its stake in shares of Invesco QQQ by 32.1% in the fourth quarter. Crumly & Associates Inc. now owns 2,978 shares of the exchange traded fund’s stock valued at $1,829,000 after purchasing an additional 724 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.
Invesco QQQ News Summary
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 Performance
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 paid a $0.7328 dividend. The ex-dividend date was Monday, March 23rd. This represents a $2.93 annualized dividend 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.
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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ – Free Report).
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