Keudell Morrison Wealth Management Purchases Shares of 6,262 Invesco QQQ $QQQ

Keudell Morrison Wealth Management acquired a new position in Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,262 shares of the exchange traded fund’s stock, valued at approximately $3,847,000. Invesco QQQ makes up 0.8% of Keudell Morrison Wealth Management’s portfolio, making the stock its 27th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco QQQ by 11.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock valued at $2,179,321,000 after purchasing an additional 375,581 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Invesco QQQ by 0.3% in the third quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund’s stock valued at $1,843,749,000 after buying an additional 8,038 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Invesco QQQ by 2.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,986,326 shares of the exchange traded fund’s stock valued at $1,792,901,000 after buying an additional 64,025 shares during the period. Analyst IMS Investment Management Services Ltd. lifted its position in Invesco QQQ by 68.6% during the 4th quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock worth $1,075,091,000 after acquiring an additional 712,026 shares in the last quarter. Finally, US Bancorp DE boosted its holdings in Invesco QQQ by 0.5% in the 3rd quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock worth $827,346,000 after acquiring an additional 7,378 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.2%

QQQ opened at $714.51 on Friday. The firm’s 50 day moving average is $636.60 and its 200-day moving average is $622.40. Invesco QQQ has a 52-week low of $505.58 and a 52-week high of $722.03.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a $0.7328 dividend. 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 Invesco QQQ News

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

• Positive Sentiment: Nvidia’s expanded shareholder returns and strong AI growth are seen as a boost for QQQ because the ETF is heavily weighted toward Nvidia and other mega-cap technology leaders. NVIDIA Ramps Up Shareholder Returns: ETFs in Focus
• Positive Sentiment: Commentary arguing that the AI capex cycle is favoring concentrated Nasdaq exposure suggests QQQ’s structure may continue to outperform equal-weighted tech products if the largest names keep leading. The AI Capex Cycle Is Crushing Equal-Weight NASDAQ. Here’s Why QQQ’s Concentration Bet Is Winning
• Neutral Sentiment: Broader market coverage showed mixed ETF performance and weaker U.S. equities, which may be limiting upside even as tech-specific enthusiasm remains intact. Exchange-Traded Funds Mixed, US Equities Decline After Midday
• Neutral Sentiment: Market commentary on rising inflation risks, cautious sentiment, and stock-market “stalling” points to uncertainty around the near-term path for QQQ. U.S. Growth Nowcast For Q2 Holds Firm As Inflation Risks Mount
• Negative Sentiment: Pre-market weakness in QQQ was tied to a pullback in Nasdaq-linked stocks and broader risk-off trading, suggesting investors were taking profits after the AI-led rally. Why Is Invesco QQQ Trust ETF (QQQ) Falling Today, 5/21/2026?

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.