Redhawk Wealth Advisors Inc. Acquires 2,339 Shares of Invesco QQQ $QQQ

Redhawk Wealth Advisors Inc. increased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 12.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 21,198 shares of the exchange traded fund’s stock after purchasing an additional 2,339 shares during the period. Invesco QQQ makes up approximately 1.5% of Redhawk Wealth Advisors Inc.’s holdings, making the stock its 11th largest position. Redhawk Wealth Advisors Inc.’s holdings in Invesco QQQ were worth $13,022,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QQQ. Fifth Third Securities Inc. increased its position in shares of Invesco QQQ by 2.6% during the 3rd quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock worth $65,959,000 after purchasing an additional 2,822 shares in the last quarter. SK Wealth Management LLC acquired a new position in Invesco QQQ in the third quarter valued at about $803,000. Great Point Wealth Advisors LLC bought a new stake in Invesco QQQ during the third quarter worth about $507,000. Strengthening Families & Communities LLC bought a new stake in Invesco QQQ during the third quarter worth about $10,771,000. Finally, Coyle Financial Counsel LLC increased its holdings in shares of Invesco QQQ by 4.9% during the third quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock worth $26,091,000 after buying an additional 2,035 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $562.58 on Monday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The firm has a 50 day moving average of $606.07 and a 200-day moving average of $609.81.

Invesco QQQ Cuts Dividend

The firm also recently disclosed 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 0.5%.

More Invesco QQQ News

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

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.