EverSource Wealth Advisors LLC Purchases 1,282 Shares of Invesco QQQ $QQQ

EverSource Wealth Advisors LLC grew its position in Invesco QQQ (NASDAQ:QQQ) by 5.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,875 shares of the exchange traded fund’s stock after acquiring an additional 1,282 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Invesco QQQ were worth $16,510,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Americana Partners LLC lifted its position in shares of Invesco QQQ by 7.6% during the 4th quarter. Americana Partners LLC now owns 17,238 shares of the exchange traded fund’s stock worth $10,590,000 after buying an additional 1,213 shares during the period. Nixon Peabody Trust Co. bought a new position in shares of Invesco QQQ during the 4th quarter worth approximately $820,000. Daviman Financial LLC bought a new position in shares of Invesco QQQ during the 4th quarter worth approximately $691,000. Orange Investment Advisors Inc. lifted its position in shares of Invesco QQQ by 4.6% during the 4th quarter. Orange Investment Advisors Inc. now owns 2,867 shares of the exchange traded fund’s stock worth $1,761,000 after buying an additional 127 shares during the period. Finally, Keudell Morrison Wealth Management bought a new position in shares of Invesco QQQ during the 4th quarter worth approximately $3,847,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Invesco QQQ stock opened at $717.54 on Friday. Invesco QQQ has a one year low of $505.58 and a one year high of $722.12. The business has a 50 day simple moving average of $638.80 and a 200 day simple moving average of $623.07.

Invesco QQQ Cuts Dividend

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

Invesco QQQ News Roundup

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

• Positive Sentiment: Nvidia’s buybacks, dividend increase, and AI growth are putting Nasdaq-heavy ETFs like QQQ in focus, reinforcing demand for large-cap tech exposure. NVIDIA Ramps Up Shareholder Returns: ETFs in Focus
• Positive Sentiment: Semiconductor strength remains a tailwind for QQQ, as the sector’s long-running rally continues to support growth-oriented technology indexes. Is the VanEck Semiconductor ETF the Right ETF to Own as We Head Into June?
• Neutral Sentiment: Some market commentary suggests ETFs are increasingly dominating trading flows, but the article is more thematic than a direct driver for QQQ today. ETF Zoo: Why Rebalancing Killed the ARK Star
• Negative Sentiment: Earlier market coverage pointed to mixed ETF performance and a pullback in U.S. equities, which can weigh on QQQ when traders rotate out of growth stocks. Exchange-Traded Funds Mixed, US Equities Decline After Midday

Invesco QQQ Profile

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.