Invesco QQQ $QQQ Stock Position Reduced by Arrowroot Family Office LLC

Arrowroot Family Office LLC lessened its position in shares of Invesco QQQ (NASDAQ:QQQ) by 8.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 9,254 shares of the exchange traded fund’s stock after selling 886 shares during the quarter. Invesco QQQ comprises about 2.1% of Arrowroot Family Office LLC’s investment portfolio, making the stock its 12th largest position. Arrowroot Family Office LLC’s holdings in Invesco QQQ were worth $5,685,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in QQQ. SG Americas Securities LLC lifted its holdings in shares of Invesco QQQ by 120.2% in the 4th quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock worth $131,292,000 after purchasing an additional 1,270,102 shares during the last quarter. Analyst IMS Investment Management Services Ltd. grew its holdings in shares of Invesco QQQ by 68.6% in the 4th quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock worth $1,075,091,000 after acquiring an additional 712,026 shares during the last quarter. Axxcess Wealth Management LLC grew its holdings in shares of Invesco QQQ by 1,216.9% in the 4th quarter. Axxcess Wealth Management LLC now owns 561,706 shares of the exchange traded fund’s stock worth $345,070,000 after acquiring an additional 519,051 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco QQQ by 11.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock worth $2,179,321,000 after acquiring an additional 375,581 shares during the last quarter. Finally, NorthRock Partners LLC grew its holdings in shares of Invesco QQQ by 1,355.6% in the 3rd quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock worth $183,024,000 after acquiring an additional 283,909 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 4.8%

Shares of Invesco QQQ stock opened at $705.06 on Friday. The business has a fifty day simple moving average of $666.91 and a 200-day simple moving average of $631.12. Invesco QQQ has a 12 month low of $523.65 and a 12 month high of $748.65.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued 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.

Key Invesco QQQ News

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

• Positive Sentiment: ETF flow data showed investors continued to pour money into broad large-cap equity funds, especially S&P 500 products, while risk-on interest in growth and tech exposure remained supported by AI optimism and strong recent stock market performance. Large-Cap Core Dominates May ETF Flows
• Positive Sentiment: Coverage highlighting the strength of growth ETFs and the Nasdaq-linked rally reinforces ongoing demand for index products like QQQ, which benefit when investors favor mega-cap tech and growth stocks. 2 Growth ETFs to Buy and Hold for 20 Years
• Positive Sentiment: Articles noting that stock funds surged in May on AI optimism suggest continued enthusiasm for the technology names that dominate QQQ’s holdings. Stock Funds Surge In May On AI Optimism — What’s Next?
• Neutral Sentiment: One article argued that the Nasdaq 100 may soon include SpaceX if it goes public, which would be a structural positive for the index over time, but it is not an immediate driver for QQQ today. What SpaceX’s IPO Means for Index Fund Investors
• Negative Sentiment: Several commentary pieces warned that the market may be overheating, with “AI bubble” and “market top” concerns, while another noted the same warning signs seen before past crashes—sentiment that can weigh on QQQ because of its heavy exposure to richly valued tech stocks. AI Bubble Is Way Bigger Than Dot-Com There Are Signs That A Market Top May Be Forming The Stock Market Is Flashing the Same Two Warning Signals It Did Before Past Crashes

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.