Northwestern Mutual Wealth Management Co. Buys 375,581 Shares of Invesco QQQ $QQQ

Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 11.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,547,591 shares of the exchange traded fund’s stock after purchasing an additional 375,581 shares during the period. Invesco QQQ accounts for approximately 1.1% of Northwestern Mutual Wealth Management Co.’s holdings, making the stock its 16th biggest position. Northwestern Mutual Wealth Management Co. owned 0.54% of Invesco QQQ worth $2,179,321,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in QQQ. USAdvisors Wealth Management LLC raised its position in shares of Invesco QQQ by 0.4% during the 4th quarter. USAdvisors Wealth Management LLC now owns 32,242 shares of the exchange traded fund’s stock valued at $19,806,000 after buying an additional 142 shares in the last quarter. Panoramic Investment Advisors LLC grew its position in Invesco QQQ by 1.1% in the fourth quarter. Panoramic Investment Advisors LLC now owns 5,567 shares of the exchange traded fund’s stock worth $3,420,000 after acquiring an additional 62 shares in the last quarter. 1ST Source Bank increased its stake in Invesco QQQ by 0.3% during the fourth quarter. 1ST Source Bank now owns 5,000 shares of the exchange traded fund’s stock worth $3,072,000 after acquiring an additional 17 shares during the last quarter. WHI TRUST Co LLC purchased a new stake in Invesco QQQ during the fourth quarter valued at approximately $307,000. Finally, Bessemer Group Inc. raised its position in Invesco QQQ by 10.9% during the fourth quarter. Bessemer Group Inc. now owns 53,912 shares of the exchange traded fund’s stock valued at $33,119,000 after purchasing an additional 5,310 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ News Summary

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

• Positive Sentiment: QQQ-related coverage highlighted that the ETF has still been attracting attention from investors, and Invesco pulled in $4.9 billion in ETF inflows, signaling continued demand for the firm’s products. ETF League Tables: Invesco Pulls In $4.9B
• Positive Sentiment: A pre-market market update noted U.S.-China meeting optimism and broad ETF/futures gains, which can support QQQ because it tracks the Nasdaq 100. Exchange-Traded Funds, Equity Futures Advance Pre-Bell Thursday Amid US-China Meeting
• Neutral Sentiment: Some commentary argued the market rally remains supported despite hot inflation prints and that stocks are not crashing because of AI skepticism alone, suggesting mixed but not clearly negative conditions for QQQ. Why Stocks Refuse To Crash (It’s Not AI)
• Neutral Sentiment: Several articles discussed market breadth, sentiment, and index mechanics, including the upcoming SpaceX IPO possibly forcing index-related buying, which could be a technical tailwind for Nasdaq-linked funds but is still speculative. SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.
• Negative Sentiment: Multiple pieces warned that Treasury yields are breaking out, stagflation odds are rising, the job market is weakening, and recession risk is increasing. Higher yields and slowing growth are typically negative for QQQ’s high-duration tech holdings. Treasury Rates Are Breaking Out Of A Multi-Year Consolidation
• Negative Sentiment: Additional bearish commentary flagged “market bloodshed,” a Hindenburg Omen warning sign, and an overextended rally due for correction, all of which reinforce risk-off sentiment toward QQQ. The New Fed Chair’s Balance Sheet Erasure And Market Bloodshed

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $708.93 on Friday. The stock’s fifty day moving average is $628.38 and its 200 day moving average is $620.26. Invesco QQQ has a fifty-two week low of $505.58 and a fifty-two week high of $722.03.

Invesco QQQ Cuts Dividend

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

Invesco QQQ 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.