Invesco QQQ $QQQ Shares Acquired by Fiducient Advisors LLC

Fiducient Advisors LLC grew its stake in Invesco QQQ (NASDAQ:QQQ) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,975 shares of the exchange traded fund’s stock after purchasing an additional 744 shares during the quarter. Invesco QQQ makes up 1.2% of Fiducient Advisors LLC’s holdings, making the stock its 20th biggest position. Fiducient Advisors LLC’s holdings in Invesco QQQ were worth $9,813,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco QQQ by 11.8% in the fourth 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 during the period. PNC Financial Services Group Inc. grew its position 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 purchasing an additional 8,038 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Invesco QQQ by 2.2% in the third 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 purchasing an additional 64,025 shares during the period. Analyst IMS Investment Management Services Ltd. grew its position in shares of Invesco QQQ by 68.6% in the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock valued at $1,075,091,000 after purchasing an additional 712,026 shares during the period. Finally, US Bancorp DE grew its position in shares of Invesco QQQ by 0.5% in the third quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock valued at $827,346,000 after purchasing an additional 7,378 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Key Invesco QQQ News

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

• Positive Sentiment: Tech and Nasdaq futures have been firm, with AI-driven strength offsetting geopolitical worries and supporting the Nasdaq 100, which QQQ tracks. S&P 500, Nasdaq, Dow Futures Rise As AI-Driven Tech Rally Overpowers ‘Defensive’ Iran Strikes: ONDS, NBIS, RCAT, SNOW In Focus
• Positive Sentiment: Market commentary points to ongoing institutional buying in technology, which can continue to benefit broad tech ETFs like Invesco QQQ Trust (QQQ). Institutional Order Flows Expand As Technology And Aerospace Drive Market Activity
• Neutral Sentiment: Short-interest data showed no meaningful short position in QQQ, so there is no major bearish positioning signal driving the fund today.
• Neutral Sentiment: Several market pieces discussed the broader shift toward value ETFs and ETF growth overall, but these were mostly general commentary and not a direct negative for QQQ. Vanguard’s Value ETF May Soon Outperform Your Tech Holdings as “The Great Migration” Accelerates
• Negative Sentiment: Some commentary noted that Nasdaq strength has been uneven at times, with weakness in chips and caution around market breadth, which could temper gains for QQQ if tech leadership narrows. Dow Closes At Record Highs On Iran Truce Optimism, While Nasdaq Snaps Four-Day Win Streak On Weak Chip Stocks

Invesco QQQ Trading Up 0.8%

Shares of NASDAQ QQQ opened at $735.60 on Friday. The company’s 50-day simple moving average is $649.16 and its 200-day simple moving average is $626.16. Invesco QQQ has a 52-week low of $511.93 and a 52-week high of $736.60.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders 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 annualized dividend and a dividend yield of 0.4%.

About Invesco QQQ

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.