Invesco QQQ $QQQ Shares Sold by Linscomb Wealth Inc.

Linscomb Wealth Inc. lessened its holdings in Invesco QQQ (NASDAQ:QQQ) by 8.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,108 shares of the exchange traded fund’s stock after selling 718 shares during the quarter. Linscomb Wealth Inc.’s holdings in Invesco QQQ were worth $4,981,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Goodman Advisory Group LLC acquired a new position in Invesco QQQ in the 3rd quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC grew its position in Invesco QQQ by 2,150.0% during the 4th 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 during the period. Shcp LLC acquired a new stake in Invesco QQQ during the 3rd quarter worth about $27,000. Rachor Investment Advisory Services LLC acquired a new stake in Invesco QQQ during the 4th quarter worth about $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Invesco QQQ during the 3rd quarter worth about $40,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Key Stories Impacting Invesco QQQ

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 Stock Up 0.8%

Shares of QQQ opened at $735.60 on Friday. The business’s 50-day moving average is $649.16 and its two-hundred day moving average is $626.16. Invesco QQQ has a fifty-two week low of $511.93 and a fifty-two week high of $736.60.

Invesco QQQ Cuts Dividend

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

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.