Invesco QQQ $QQQ Shares Purchased by Mosaic Family Wealth Partners LLC

Mosaic Family Wealth Partners LLC boosted its holdings in Invesco QQQ (NASDAQ:QQQ) by 219.6% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 4,088 shares of the exchange traded fund’s stock after buying an additional 2,809 shares during the period. Mosaic Family Wealth Partners LLC’s holdings in Invesco QQQ were worth $2,359,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of QQQ. Ibex Wealth Advisors raised its stake in shares of Invesco QQQ by 0.6% in the 1st quarter. Ibex Wealth Advisors now owns 13,295 shares of the exchange traded fund’s stock valued at $7,674,000 after acquiring an additional 76 shares during the period. North Capital Inc. increased its holdings in Invesco QQQ by 1.4% in the 1st quarter. North Capital Inc. now owns 4,621 shares of the exchange traded fund’s stock valued at $2,666,000 after purchasing an additional 63 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. purchased a new position in Invesco QQQ in the first quarter valued at about $9,518,000. Griffith & Werner Inc. lifted its stake in shares of Invesco QQQ by 3.3% during the first quarter. Griffith & Werner Inc. now owns 1,580 shares of the exchange traded fund’s stock worth $912,000 after purchasing an additional 51 shares in the last quarter. Finally, WPG Advisers LLC lifted its stake in shares of Invesco QQQ by 4.8% during the first quarter. WPG Advisers LLC now owns 18,262 shares of the exchange traded fund’s stock worth $10,540,000 after purchasing an additional 843 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 1.7%

QQQ stock opened at $723.23 on Friday. Invesco QQQ has a 1 year low of $551.56 and a 1 year high of $748.65. The stock has a 50-day simple moving average of $717.13 and a 200-day simple moving average of $649.53.

Invesco QQQ Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Monday, June 22nd will be paid a $0.8135 dividend. This represents a $3.25 annualized dividend and a dividend yield of 0.4%. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.73. The ex-dividend date is Monday, June 22nd.

More Invesco QQQ News

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

• Positive Sentiment: Investors are still viewing QQQ as a go-to way to buy the tech-heavy Nasdaq-100, with multiple articles highlighting it as a strong dip-buying vehicle and noting heavy recent trading activity in the ETF. Article Title
• Positive Sentiment: Supportive market coverage around the Nasdaq-100 and QQQ suggests continued demand for large-cap growth exposure, which can help the ETF when tech stocks stabilize. Article Title
• Neutral Sentiment: BlackRock launched a cheaper Nasdaq-100 rival, iShares Nasdaq 100 ETF (IQQ), directly challenging Invesco QQQ and potentially pressuring fee-sensitive investor flows over time. Article Title
• Neutral Sentiment: Several pieces noted rising competition in the Nasdaq-100 ETF space and the index’s growing concentration in mega-cap tech, reinforcing QQQ’s dominance while also underscoring valuation and concentration risks. Article Title
• Negative Sentiment: Commentary warning that the AI and Nasdaq-100 trade may be overheating could weigh on sentiment if investors start rotating out of high-growth tech exposure. Article Title

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.