Novak & Powell Financial Services Inc. Raises Stake in Invesco QQQ $QQQ

Novak & Powell Financial Services Inc. raised its position in Invesco QQQ (NASDAQ:QQQ) by 4.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,629 shares of the exchange traded fund’s stock after buying an additional 859 shares during the quarter. Invesco QQQ comprises about 6.6% of Novak & Powell Financial Services Inc.’s holdings, making the stock its 2nd largest position. Novak & Powell Financial Services Inc.’s holdings in Invesco QQQ were worth $12,672,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in QQQ. Goodman Advisory Group LLC bought a new stake in shares of Invesco QQQ in the third quarter valued at $25,000. Shcp LLC bought a new stake in shares of Invesco QQQ in the third quarter valued at $27,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Invesco QQQ by 2,150.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 43 shares during the period. Rachor Investment Advisory Services LLC bought a new stake in shares of Invesco QQQ during the 4th quarter valued at $29,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter valued at $40,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Trading Down 0.1%

NASDAQ:QQQ opened at $729.45 on Thursday. Invesco QQQ has a 52-week low of $511.93 and a 52-week high of $733.32. The business’s fifty day moving average is $646.52 and its 200 day moving average is $625.28.

Invesco QQQ Cuts Dividend

The business also recently disclosed 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 News Roundup

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

• Positive Sentiment: QQQ has been rising alongside strength in technology stocks and broader Nasdaq 100 momentum, with market commentary noting institutional order flows favoring tech-related names. Institutional Order Flows Expand As Technology And Aerospace Drive Market Activity
• Positive Sentiment: ETF-focused coverage highlighted that QQQ was already higher in pre-market trading, reflecting continued investor demand for Nasdaq-100 exposure. Why Is Invesco QQQ Trust ETF (QQQ) Rising Today, 5/27/26?
• Positive Sentiment: Market commentary suggested the broader U.S. stock market and Nasdaq 100 were pressing near highs, which typically supports QQQ because it tracks the index’s biggest growth and tech names. Short Sellers Are Betting Record Amounts Against Stocks. But the Market is Rallying On a Potential Deal Between Trump and Iran.
• Neutral Sentiment: Several articles focused on ETF growth, market structure, and comparisons with other growth ETFs rather than on QQQ-specific fundamentals, so their direct impact on the fund is limited. There’s now more ETFs than stocks: What investors should know
• Negative Sentiment: One report flagged a potential structural risk if SpaceX were rapidly added to the Nasdaq-100, which could create index rebalancing pressure and volatility for QQQ holders. SpaceX’s IPO Could Create a Hidden Risk for Nasdaq-100 ETF Investors

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.