Soltis Investment Advisors LLC Has $13.17 Million Stake in Invesco QQQ $QQQ

Soltis Investment Advisors LLC boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 18.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,443 shares of the exchange traded fund’s stock after acquiring an additional 3,372 shares during the period. Invesco QQQ accounts for 0.9% of Soltis Investment Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Soltis Investment Advisors LLC’s holdings in Invesco QQQ were worth $13,173,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 last quarter. PNC Financial Services Group Inc. raised its position in shares of 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 last quarter. Envestnet Asset Management Inc. raised its position in shares of 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 last quarter. Analyst IMS Investment Management Services Ltd. raised its position in shares of 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 last quarter. Finally, US Bancorp DE raised its position in shares of 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 last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

More Invesco QQQ News

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

• Positive Sentiment: QQQ-related coverage highlighted that the ETF has still been attracting attention from investors, and Invesco pulled in $4.9 billion in ETF inflows, signaling continued demand for the firm’s products. ETF League Tables: Invesco Pulls In $4.9B
• Positive Sentiment: A pre-market market update noted U.S.-China meeting optimism and broad ETF/futures gains, which can support QQQ because it tracks the Nasdaq 100. Exchange-Traded Funds, Equity Futures Advance Pre-Bell Thursday Amid US-China Meeting
• Neutral Sentiment: Some commentary argued the market rally remains supported despite hot inflation prints and that stocks are not crashing because of AI skepticism alone, suggesting mixed but not clearly negative conditions for QQQ. Why Stocks Refuse To Crash (It’s Not AI)
• Neutral Sentiment: Several articles discussed market breadth, sentiment, and index mechanics, including the upcoming SpaceX IPO possibly forcing index-related buying, which could be a technical tailwind for Nasdaq-linked funds but is still speculative. SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.
• Negative Sentiment: Multiple pieces warned that Treasury yields are breaking out, stagflation odds are rising, the job market is weakening, and recession risk is increasing. Higher yields and slowing growth are typically negative for QQQ’s high-duration tech holdings. Treasury Rates Are Breaking Out Of A Multi-Year Consolidation
• Negative Sentiment: Additional bearish commentary flagged “market bloodshed,” a Hindenburg Omen warning sign, and an overextended rally due for correction, all of which reinforce risk-off sentiment toward QQQ. The New Fed Chair’s Balance Sheet Erasure And Market Bloodshed

Invesco QQQ Stock Down 1.5%

Shares of QQQ opened at $708.93 on Friday. The company has a 50-day simple moving average of $628.38 and a 200-day simple moving average of $620.26. Invesco QQQ has a 52 week low of $505.58 and a 52 week high of $722.03.

Invesco QQQ Cuts Dividend

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

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.