Rathbones Group PLC Raises Stock Position in Invesco QQQ $QQQ

Rathbones Group PLC grew its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,226 shares of the exchange traded fund’s stock after purchasing an additional 1,588 shares during the period. Rathbones Group PLC’s holdings in Invesco QQQ were worth $18,568,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Goodman Advisory Group LLC purchased a new stake in shares of Invesco QQQ during the third quarter worth approximately $25,000. Shcp LLC purchased a new stake in shares of Invesco QQQ during the third quarter worth approximately $27,000. Rachor Investment Advisory Services LLC purchased a new stake in shares of Invesco QQQ during the fourth quarter worth approximately $29,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Invesco QQQ during the third quarter worth approximately $40,000. Finally, Morgan Dempsey Capital Management LLC increased its stake in shares of Invesco QQQ by 45.5% during the third quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 25 shares during the period. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Invesco QQQ

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?

Invesco QQQ Stock Performance

QQQ stock opened at $714.51 on Friday. The company’s 50 day moving average price is $636.60 and its 200 day moving average price is $622.40. 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 company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, March 23rd.

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.