2,751 Shares in Invesco QQQ $QQQ Purchased by Blueline Advisors LLC

Blueline Advisors LLC bought a new position in Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,751 shares of the exchange traded fund’s stock, valued at approximately $1,690,000. Invesco QQQ accounts for approximately 1.4% of Blueline Advisors LLC’s investment portfolio, making the stock its 21st biggest holding.

Several other large investors have also added to or reduced their stakes in QQQ. Fiducient Advisors LLC raised its holdings in shares of Invesco QQQ by 4.9% in the 4th quarter. Fiducient Advisors LLC now owns 15,975 shares of the exchange traded fund’s stock valued at $9,813,000 after acquiring an additional 744 shares in the last quarter. Operose Advisors LLC increased its stake in Invesco QQQ by 10.9% in the 4th quarter. Operose Advisors LLC now owns 286 shares of the exchange traded fund’s stock worth $176,000 after purchasing an additional 28 shares during the period. Basepoint Wealth LLC purchased a new position in shares of Invesco QQQ during the fourth quarter valued at approximately $175,000. Garde Capital Inc. increased its stake in shares of Invesco QQQ by 60.6% during the fourth quarter. Garde Capital Inc. now owns 42,662 shares of the exchange traded fund’s stock valued at $26,208,000 after buying an additional 16,094 shares during the period. Finally, Savant Capital LLC increased its stake in shares of Invesco QQQ by 27.8% during the fourth quarter. Savant Capital LLC now owns 57,093 shares of the exchange traded fund’s stock valued at $35,073,000 after buying an additional 12,418 shares during the period. Institutional investors own 44.58% of the company’s stock.

Key Headlines Impacting Invesco QQQ

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

• Positive Sentiment: Tech and Nasdaq futures have been firm, with AI-driven strength offsetting geopolitical worries and supporting the Nasdaq 100, which QQQ tracks. S&P 500, Nasdaq, Dow Futures Rise As AI-Driven Tech Rally Overpowers ‘Defensive’ Iran Strikes: ONDS, NBIS, RCAT, SNOW In Focus
• Positive Sentiment: Market commentary points to ongoing institutional buying in technology, which can continue to benefit broad tech ETFs like Invesco QQQ Trust (QQQ). Institutional Order Flows Expand As Technology And Aerospace Drive Market Activity
• Neutral Sentiment: Short-interest data showed no meaningful short position in QQQ, so there is no major bearish positioning signal driving the fund today.
• Neutral Sentiment: Several market pieces discussed the broader shift toward value ETFs and ETF growth overall, but these were mostly general commentary and not a direct negative for QQQ. Vanguard’s Value ETF May Soon Outperform Your Tech Holdings as “The Great Migration” Accelerates
• Negative Sentiment: Some commentary noted that Nasdaq strength has been uneven at times, with weakness in chips and caution around market breadth, which could temper gains for QQQ if tech leadership narrows. Dow Closes At Record Highs On Iran Truce Optimism, While Nasdaq Snaps Four-Day Win Streak On Weak Chip Stocks

Invesco QQQ Price Performance

QQQ opened at $735.60 on Friday. The stock’s 50 day moving average price is $649.16 and its 200-day moving average price is $626.16. Invesco QQQ has a 52-week low of $511.93 and a 52-week high of $736.60.

Invesco QQQ Cuts Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, March 23rd.

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.