Invesco QQQ $QQQ Shares Purchased by Fiducient Advisors LLC

Fiducient Advisors LLC boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,975 shares of the exchange traded fund’s stock after buying an additional 744 shares during the quarter. Invesco QQQ makes up 1.2% of Fiducient Advisors LLC’s holdings, making the stock its 20th biggest position. Fiducient Advisors LLC’s holdings in Invesco QQQ were worth $9,813,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in Invesco QQQ by 11.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock valued at $2,179,321,000 after buying an additional 375,581 shares during the period. PNC Financial Services Group Inc. grew its position in Invesco QQQ by 0.3% during the third quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund’s stock valued at $1,843,749,000 after buying an additional 8,038 shares during the period. Envestnet Asset Management Inc. grew its position in Invesco QQQ by 2.2% during the third quarter. Envestnet Asset Management Inc. now owns 2,986,326 shares of the exchange traded fund’s stock valued at $1,792,901,000 after buying an additional 64,025 shares during the period. Analyst IMS Investment Management Services Ltd. grew its position in Invesco QQQ by 68.6% during the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock valued at $1,075,091,000 after buying an additional 712,026 shares during the period. Finally, US Bancorp DE grew its position in Invesco QQQ by 0.5% during the third quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock valued at $827,346,000 after buying an additional 7,378 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

QQQ stock opened at $735.60 on Friday. The firm’s fifty day moving average is $649.16 and its 200 day moving average is $626.16. Invesco QQQ has a one year low of $511.93 and a one year high of $736.60.

Invesco QQQ Cuts Dividend

The company 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 annualized dividend and a 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: 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 Company 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.