V. M. Manning & CO. Inc. Makes New $601,000 Investment in Invesco QQQ $QQQ

V. M. Manning & CO. Inc. purchased a new position in Invesco QQQ (NASDAQ:QQQ) during the 4th quarter, HoldingsChannel reports. The firm purchased 979 shares of the exchange traded fund’s stock, valued at approximately $601,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Well Done LLC increased its position in Invesco QQQ by 0.5% in the 4th quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund’s stock worth $2,113,000 after buying an additional 16 shares during the period. Tenon Financial LLC increased its position in Invesco QQQ by 2.2% in the 4th quarter. Tenon Financial LLC now owns 805 shares of the exchange traded fund’s stock worth $494,000 after buying an additional 17 shares during the period. SJS Investment Consulting Inc. increased its position in Invesco QQQ by 1.7% in the 4th quarter. SJS Investment Consulting Inc. now owns 1,017 shares of the exchange traded fund’s stock worth $625,000 after buying an additional 17 shares during the period. Cascade Investment Group Inc. increased its position in Invesco QQQ by 4.6% in the 4th quarter. Cascade Investment Group Inc. now owns 388 shares of the exchange traded fund’s stock worth $238,000 after buying an additional 17 shares during the period. Finally, Keeler & Nadler Financial Planning & Wealth Management increased its position in Invesco QQQ by 3.0% in the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 576 shares of the exchange traded fund’s stock worth $354,000 after buying an additional 17 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Down 0.1%

Shares of NASDAQ QQQ opened at $729.45 on Thursday. The business’s 50 day moving average is $646.52 and its two-hundred day moving average is $625.28. Invesco QQQ has a 12 month low of $511.93 and a 12 month high of $733.32.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a dividend of $0.7328 per share. The ex-dividend date was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.4%.

Invesco QQQ News Roundup

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

• Positive Sentiment: AI-driven buying and strong demand for mega-cap growth stocks have been supporting the Nasdaq-100, which is the core benchmark for Invesco QQQ (QQQ). S&P 500, Nasdaq, Dow Futures Rise As AI-Driven Tech Rally Overpowers ‘Defensive’ Iran Strikes: ONDS, NBIS, RCAT, SNOW In Focus
• Positive Sentiment: Investor positioning remains supportive for broad equity ETFs, with reports of institutional order flow expanding in technology names and other growth sectors that can lift QQQ. Institutional Order Flows Expand As Technology And Aerospace Drive Market Activity
• Neutral Sentiment: Market commentary continues to highlight strong interest in ETFs and index products, which reinforces QQQ’s role as a major vehicle for Nasdaq-100 exposure. There’s now more ETFs than stocks: What investors should know
• Neutral Sentiment: QQQ’s tokenized ETF listing and other ETF-related articles are more structural and product-related than immediate stock drivers. Invesco QQQ ETF (Ondo Tokenized ETF) (QQQON)
• Negative Sentiment: Some recent commentary pointed to a possible pause or volatility in Nasdaq strength due to weaker chip stocks and geopolitical uncertainty, which could temper gains in QQQ. Dow Closes At Record Highs On Iran Truce Optimism, While Nasdaq Snaps Four-Day Win Streak On Weak Chip Stocks — META, BA, AAL, DY, VRRM In Focus
• Negative Sentiment: Analysts also flagged technical risks for Nasdaq-100 ETF investors if major new listings enter the index and affect its balance, adding a potential headwind for QQQ. SpaceX’s IPO Could Create a Hidden Risk for Nasdaq-100 ETF Investors

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.