Greenwich Wealth Management LLC boosted its position in Invesco QQQ (NASDAQ:QQQ – Free Report) by 12.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 55,647 shares of the exchange traded fund’s stock after purchasing an additional 6,357 shares during the period. Invesco QQQ accounts for approximately 1.5% of Greenwich Wealth Management LLC’s portfolio, making the stock its 10th biggest position. Greenwich Wealth Management LLC’s holdings in Invesco QQQ were worth $34,185,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently bought and sold shares of the company. Well Done LLC boosted its position in Invesco QQQ by 0.5% in the fourth quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund’s stock valued at $2,113,000 after buying an additional 16 shares during the last quarter. Tenon Financial LLC boosted its position in Invesco QQQ by 2.2% in the fourth quarter. Tenon Financial LLC now owns 805 shares of the exchange traded fund’s stock valued at $494,000 after buying an additional 17 shares during the last quarter. SJS Investment Consulting Inc. boosted its position in Invesco QQQ by 1.7% in the fourth quarter. SJS Investment Consulting Inc. now owns 1,017 shares of the exchange traded fund’s stock valued at $625,000 after buying an additional 17 shares during the last quarter. Cascade Investment Group Inc. boosted its position in Invesco QQQ by 4.6% in the fourth quarter. Cascade Investment Group Inc. now owns 388 shares of the exchange traded fund’s stock valued at $238,000 after buying an additional 17 shares during the last quarter. Finally, Keeler & Nadler Financial Planning & Wealth Management boosted its position in Invesco QQQ by 3.0% in the fourth quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 576 shares of the exchange traded fund’s stock valued at $354,000 after buying an additional 17 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.
More Invesco QQQ News
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: AI enthusiasm remains a key tailwind for the Nasdaq-100, helping support QQQ as leading tech stocks and semiconductors continue to post strong gains. Article Title
- Positive Sentiment: Market commentary suggests the broader AI trade is still attracting buyers, with sentiment around growth ETFs staying constructive despite some volatility in the tape. Article Title
- Neutral Sentiment: QQQ’s strong 12-month performance is keeping the fund in focus, and a June rebalance in the Nasdaq-100 ETF complex may slightly reshape holdings, but the near-term impact appears limited. Article Title
- Neutral Sentiment: Broader market tone remains mixed, with futures and ETFs reacting to Middle East headlines and shifting risk appetite, which may create short-term noise for QQQ but does not yet change the longer-term growth narrative. Article Title
- Negative Sentiment: Several analysts are cautioning that the AI rally could be overextended, with some arguing that speculation, high valuations, and rising yields could pressure richly valued tech-heavy funds like QQQ if sentiment cools. Article Title
Invesco QQQ Trading Up 0.5%
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 given 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%.
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.
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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ – Free Report).
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