Dash Acquisitions Inc. Sells 2,150 Shares of Invesco QQQ $QQQ

Dash Acquisitions Inc. decreased its holdings in Invesco QQQ (NASDAQ:QQQ) by 33.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 4,324 shares of the exchange traded fund’s stock after selling 2,150 shares during the period. Dash Acquisitions Inc.’s holdings in Invesco QQQ were worth $2,619,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of QQQ. SG Americas Securities LLC increased its stake in shares of Invesco QQQ by 120.2% in the 4th quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock valued at $131,292,000 after purchasing an additional 1,270,102 shares during the last quarter. Analyst IMS Investment Management Services Ltd. increased its stake in shares of Invesco QQQ by 68.6% in the 4th quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock valued at $1,075,091,000 after purchasing an additional 712,026 shares during the last quarter. Japan Science & Technology Agency bought a new position in shares of Invesco QQQ in the 3rd quarter valued at $179,311,000. NorthRock Partners LLC increased its stake in shares of Invesco QQQ by 1,355.6% in the 3rd quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock valued at $183,024,000 after purchasing an additional 283,909 shares during the last quarter. Finally, BXM Wealth LLC increased its stake in shares of Invesco QQQ by 1,744.9% in the 4th quarter. BXM Wealth LLC now owns 219,962 shares of the exchange traded fund’s stock valued at $135,125,000 after purchasing an additional 208,039 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.7%

Shares of QQQ opened at $719.79 on Friday. Invesco QQQ has a 52-week low of $505.58 and a 52-week high of $722.03. The business’s fifty day moving average is $626.42 and its 200-day moving average is $619.64.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors 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 yield of 0.4%.

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: QQQ is benefiting from strength in tech and semiconductors, with the Nasdaq 100 advancing despite hotter inflation data. Stock Market Today: Nasdaq 100 Rises Despite Hot PPI, Nvidia Hits Record High
• Positive Sentiment: Invesco’s QQQ saw a jump in assets under management in April, indicating strong investor demand for the fund and continued capital flowing into Nasdaq-100 exposure. Invesco’s QQQ AUM jumps 18% in April amid market gains
• Positive Sentiment: ETF flow data showed Invesco pulling in billions across its lineup, reinforcing that investors are still allocating heavily to passive equity funds. ETF League Tables: Invesco Pulls In $4.9B
• Neutral Sentiment: Several articles discussed QQQ versus alternatives like QQQM and VOO, reflecting ongoing investor debate about valuation, concentration risk, and whether QQQ remains the best long-term choice. QQQ vs. VOO — Which ETF Should Investors Buy Now?
• Neutral Sentiment: Commentary about a potential SpaceX IPO and broader market plumbing may affect index flows, but it is indirect and not a primary driver of QQQ today. SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.

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.