Invesco QQQ $QQQ Shares Acquired by Strategic Advocates LLC

Strategic Advocates LLC grew its position in Invesco QQQ (NASDAQ:QQQ) by 3.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 58,429 shares of the exchange traded fund’s stock after acquiring an additional 1,776 shares during the quarter. Invesco QQQ comprises approximately 9.3% of Strategic Advocates LLC’s portfolio, making the stock its biggest position. Strategic Advocates LLC’s holdings in Invesco QQQ were worth $36,193,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Carrera Capital Advisors lifted its holdings in shares of Invesco QQQ by 99.3% during the fourth quarter. Carrera Capital Advisors now owns 2,316 shares of the exchange traded fund’s stock worth $1,423,000 after purchasing an additional 1,154 shares during the period. Sovran Advisors LLC lifted its holdings in shares of Invesco QQQ by 8.0% during the fourth quarter. Sovran Advisors LLC now owns 18,032 shares of the exchange traded fund’s stock worth $11,212,000 after purchasing an additional 1,340 shares during the period. Corepath Wealth Partners LLC lifted its holdings in shares of Invesco QQQ by 19.7% during the fourth quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock worth $5,471,000 after purchasing an additional 1,436 shares during the period. Cane Capital Partners LLC acquired a new stake in shares of Invesco QQQ during the fourth quarter worth $715,000. Finally, Coyle Financial Counsel LLC lifted its holdings in shares of Invesco QQQ by 4.9% during the third quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock worth $26,091,000 after purchasing an additional 2,035 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Key Invesco QQQ News

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

• Positive Sentiment: QQQ is benefiting from a rebound in chip and large-cap tech stocks, which has helped lift the Nasdaq-100 and supported the ETF after last week’s weakness. Invesco QQQ Trust ETF (QQQ) Rebounds from Last Week’s Slump; What’s Fueling the Rise?
• Positive Sentiment: Investors are still treating big tech as a relative safe haven, which can help sustain demand for the Nasdaq-100 and QQQ if risk-off themes persist. How Big Tech Became The Market’s New Safe Haven
• Neutral Sentiment: Upcoming inflation data and other macro releases could move rates and growth-stock valuations, creating a near-term catalyst but not a clear one-way signal for QQQ. Plenty of Data Ahead of CPI, SPCX
• Neutral Sentiment: News that SpaceX could join the Nasdaq-100 sooner under revised rules is stirring interest in index composition, though the impact on QQQ is still speculative. SpaceX Could Join the Nasdaq-100 Very Soon. Should You Buy the Invesco QQQ Trust Today?
• Negative Sentiment: Several reports warn that mega-IPOs, rising oil prices, and geopolitical risk could pressure the Nasdaq-100’s rally and increase volatility for QQQ. Mega IPOs Pose Leveraged Downside Risk For The Nasdaq 100
• Negative Sentiment: Broader market caution remains after Friday’s tech pullback and renewed Middle East tensions, which could keep pressure on growth and AI-heavy names inside QQQ. The Nasdaq is Rebounding on Monday. But Rising Oil Prices Still Threaten the AI Trade.

Invesco QQQ Stock Down 1.2%

Shares of NASDAQ QQQ opened at $707.83 on Wednesday. The stock has a fifty day moving average price of $672.66 and a 200 day moving average price of $632.91. Invesco QQQ has a 1-year low of $523.65 and a 1-year high of $748.65.

Invesco QQQ Cuts Dividend

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

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.