Invesco QQQ $QQQ Shares Bought by Rathbones Group PLC

Rathbones Group PLC raised its stake in Invesco QQQ (NASDAQ:QQQ) by 5.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,226 shares of the exchange traded fund’s stock after buying an additional 1,588 shares during the quarter. Rathbones Group PLC’s holdings in Invesco QQQ were worth $18,568,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Goodman Advisory Group LLC acquired a new position in Invesco QQQ in the third quarter valued at about $25,000. Shcp LLC acquired a new position in Invesco QQQ in the third quarter valued at about $27,000. Rachor Investment Advisory Services LLC acquired a new position in Invesco QQQ in the fourth quarter valued at about $29,000. Measured Wealth Private Client Group LLC acquired a new position in Invesco QQQ in the third quarter valued at about $40,000. Finally, Morgan Dempsey Capital Management LLC lifted its position in Invesco QQQ by 45.5% in the third quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 25 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.2%

Shares of NASDAQ:QQQ opened at $714.51 on Friday. The firm’s 50-day moving average is $636.60 and its two-hundred day moving average is $622.40. Invesco QQQ has a 1 year low of $505.58 and a 1 year high of $722.03.

Invesco QQQ Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid 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 yield of 0.4%.

Invesco QQQ News Roundup

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

• Positive Sentiment: NVIDIA’s shareholder returns and AI growth are lifting sentiment toward Nvidia-heavy ETFs such as QQQ, which could help the fund as investors continue to favor large-cap tech exposure. NVIDIA Ramps Up Shareholder Returns: ETFs in Focus
• Positive Sentiment: Market commentary suggested QQQ’s concentration in leaders like NVIDIA, Apple, and Microsoft has been a tailwind during the AI spending boom, reinforcing the ETF’s appeal versus equal-weight Nasdaq products. The AI Capex Cycle Is Crushing Equal-Weight NASDAQ. Here’s Why QQQ’s Concentration Bet Is Winning
• Neutral Sentiment: Broader market articles noted mixed ETF performance and a midday pullback in U.S. equities, which may be limiting upside for QQQ even as growth stocks remain in focus. Exchange-Traded Funds Mixed, US Equities Decline After Midday
• Neutral Sentiment: Several market-commentary pieces pointed to investor caution ahead of key macro and earnings catalysts, suggesting sentiment toward QQQ remains mixed rather than broadly bearish. Dow Jones, Nasdaq And S&P 500 Intraday Levels – Stock Markets Stall, Too Early For The Deal?

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.