Bank Julius Baer & Co. Ltd Zurich Trims Stock Position in Invesco QQQ $QQQ

Bank Julius Baer & Co. Ltd Zurich lessened its holdings in Invesco QQQ (NASDAQ:QQQ) by 22.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 325,454 shares of the exchange traded fund’s stock after selling 93,655 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Invesco QQQ were worth $199,930,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Unconventional Investor LLC acquired a new position in shares of Invesco QQQ in the fourth quarter valued at approximately $422,000. Western Wealth Management LLC raised its position in shares of Invesco QQQ by 0.9% in the fourth quarter. Western Wealth Management LLC now owns 129,938 shares of the exchange traded fund’s stock valued at $79,822,000 after buying an additional 1,217 shares during the last quarter. Atlas Private Wealth Advisors raised its position in shares of Invesco QQQ by 5.5% in the fourth quarter. Atlas Private Wealth Advisors now owns 26,946 shares of the exchange traded fund’s stock valued at $16,553,000 after buying an additional 1,398 shares during the last quarter. Bayshore Capital Advisors LLC acquired a new position in shares of Invesco QQQ in the fourth quarter valued at approximately $1,089,000. Finally, SFE Investment Counsel raised its position in shares of Invesco QQQ by 10.8% in the fourth quarter. SFE Investment Counsel now owns 399 shares of the exchange traded fund’s stock valued at $245,000 after buying an additional 39 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $714.71 on Thursday. The firm has a 50 day simple moving average of $624.06 and a 200-day simple moving average of $618.92. Invesco QQQ has a 1-year low of $505.58 and a 1-year high of $716.65.

Invesco QQQ Cuts Dividend

The business also recently declared 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 of this dividend was Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.4%.

Key Invesco QQQ News

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

• Positive Sentiment: Invesco reported that QQQ’s assets under management jumped 18% in April as broad market gains lifted the fund’s value. Invesco’s QQQ AUM jumps 18% in April amid market gains
• Positive Sentiment: Tech stocks, especially semiconductors, rallied despite a hotter-than-expected PPI report, showing investors are still willing to buy growth names tied to the AI trade. Stock Market Today: Nasdaq 100 Rises Despite Hot PPI, Nvidia Hits Record High
• Neutral Sentiment: Several market commentaries focused on inflation data, Fed expectations, and valuation concerns, which may keep volatility elevated but do not directly change QQQ’s underlying holdings. CPI Inflation Blows Past Fed Rates As Core Services, Gasoline, Electricity, And Food Spike; Fed’s ‘Real’ Rates Are Now Negative
• Neutral Sentiment: Analysts also highlighted QQQ’s role as a core exposure vehicle for both chip and software leaders, reinforcing its appeal to investors seeking continued AI and mega-cap tech exposure. QQQ vs. VOO — Which ETF Should Investors Buy Now?
• Negative Sentiment: Hot inflation readings have revived concerns that the Fed may stay restrictive longer, which could pressure growth stocks and make high-valuation tech shares harder to justify. Producer Price Inflation Explodes As The Services PPI Blows Out On Top Of The Energy Price Spike

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.