Garde Capital Inc. Grows Stock Position in Invesco QQQ $QQQ

Garde Capital Inc. raised its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 60.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 42,662 shares of the exchange traded fund’s stock after buying an additional 16,094 shares during the period. Invesco QQQ comprises about 1.6% of Garde Capital Inc.’s portfolio, making the stock its 18th largest holding. Garde Capital Inc.’s holdings in Invesco QQQ were worth $26,208,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Savant Capital LLC raised its stake in shares of Invesco QQQ by 27.8% during the 4th 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 last quarter. EagleClaw Capital Managment LLC raised its stake in shares of Invesco QQQ by 19.5% during the 4th quarter. EagleClaw Capital Managment LLC now owns 735 shares of the exchange traded fund’s stock valued at $452,000 after buying an additional 120 shares during the last quarter. Investment Partners LTD. raised its stake in shares of Invesco QQQ by 28.9% during the 4th quarter. Investment Partners LTD. now owns 3,546 shares of the exchange traded fund’s stock valued at $2,179,000 after buying an additional 796 shares during the last quarter. Novak & Powell Financial Services Inc. raised its stake in shares of Invesco QQQ by 4.3% during the 4th quarter. Novak & Powell Financial Services Inc. now owns 20,629 shares of the exchange traded fund’s stock valued at $12,672,000 after buying an additional 859 shares during the last quarter. Finally, Foundations Investment Advisors LLC raised its stake in shares of Invesco QQQ by 25.5% during the 4th quarter. Foundations Investment Advisors LLC now owns 147,134 shares of the exchange traded fund’s stock valued at $90,386,000 after buying an additional 29,942 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.8%

NASDAQ QQQ opened at $735.60 on Friday. Invesco QQQ has a fifty-two week low of $511.93 and a fifty-two week high of $736.60. The stock has a 50-day simple moving average of $649.16 and a two-hundred day simple moving average of $626.16.

Invesco QQQ Cuts Dividend

The firm also recently announced 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 was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.4%.

More Invesco QQQ News

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.