Ameritas Investment Partners Inc. Reduces Position in Invesco QQQ $QQQ

Ameritas Investment Partners Inc. decreased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 40.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 35,775 shares of the exchange traded fund’s stock after selling 24,733 shares during the quarter. Invesco QQQ accounts for 0.7% of Ameritas Investment Partners Inc.’s portfolio, making the stock its 18th largest position. Ameritas Investment Partners Inc.’s holdings in Invesco QQQ were worth $21,977,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Goodman Advisory Group LLC purchased a new stake in Invesco QQQ during the third quarter valued at about $25,000. Shcp LLC acquired a new position in shares of Invesco QQQ during the third quarter worth about $27,000. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Invesco QQQ by 2,150.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 43 shares in the last quarter. Rachor Investment Advisory Services LLC acquired a new position in shares of Invesco QQQ during the fourth quarter worth about $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Invesco QQQ during the third quarter worth about $40,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of QQQ opened at $693.69 on Thursday. Invesco QQQ has a 12 month low of $523.65 and a 12 month high of $748.65. The stock’s 50-day moving average is $675.37 and its two-hundred day moving average is $633.67.

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 paid a $0.7328 dividend. The ex-dividend date was Monday, March 23rd. This represents a $2.93 annualized dividend and a dividend yield of 0.4%.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: Some market commentary argues the U.S. economy remains resilient and Q2 growth may be accelerating, which supports earnings expectations for large-cap tech holdings. Nowcast Data Suggest U.S. Growth Is Accelerating In Q2
• Positive Sentiment: Several pieces note that the Nasdaq-100 can offer more upside than the S&P 500, reinforcing the long-term appeal of QQQ’s growth-heavy exposure. Should You Invest in the S&P 500 or the Nasdaq-100 Right Now?
• Neutral Sentiment: Articles comparing QQQ with QQQM and VGT are mostly educational, but they keep attention on valuation, index structure, and whether investors prefer a pure tech fund or broader Nasdaq exposure. QQQ vs. QQQM: Same Index, So Which One Should You Actually Buy?
• Neutral Sentiment: Coverage of the SpaceX IPO and possible future Nasdaq-100 inclusion is more of a medium-term index consideration than an immediate driver for QQQ. SpaceX Could Join the Nasdaq-100 Very Soon. Should You Buy the Invesco QQQ Trust Today?
• Negative Sentiment: Hot CPI/inflation headlines are the most relevant near-term drag, since stickier inflation could delay Fed easing and pressure the long-duration tech names that dominate QQQ. CPI Inflation Rate +4.2%: Hottest in 3 Years
• Negative Sentiment: Broader market commentary about a possible market top and stock-market breakdown adds to caution around risk assets, including QQQ. 7 Signs Markets Are Near A Top

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.