Washington Growth Strategies LLC Purchases 1,120 Shares of Invesco QQQ $QQQ

Washington Growth Strategies LLC grew its position in shares of Invesco QQQ (NASDAQ:QQQ) by 7.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,351 shares of the exchange traded fund’s stock after purchasing an additional 1,120 shares during the period. Invesco QQQ makes up about 6.5% of Washington Growth Strategies LLC’s holdings, making the stock its 2nd largest holding. Washington Growth Strategies LLC’s holdings in Invesco QQQ were worth $10,045,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the company. Steinberganna Wealth Management lifted its stake in Invesco QQQ by 4.6% during the fourth quarter. Steinberganna Wealth Management now owns 36,681 shares of the exchange traded fund’s stock worth $22,534,000 after purchasing an additional 1,613 shares in the last quarter. Grandview Asset Management LLC lifted its stake in Invesco QQQ by 9.7% during the fourth quarter. Grandview Asset Management LLC now owns 31,244 shares of the exchange traded fund’s stock worth $19,194,000 after purchasing an additional 2,752 shares in the last quarter. BCS Wealth Management lifted its stake in Invesco QQQ by 98.4% during the fourth quarter. BCS Wealth Management now owns 13,580 shares of the exchange traded fund’s stock worth $8,342,000 after purchasing an additional 6,735 shares in the last quarter. Code Waechter LLC lifted its stake in Invesco QQQ by 1.8% during the fourth quarter. Code Waechter LLC now owns 2,773 shares of the exchange traded fund’s stock worth $1,704,000 after purchasing an additional 48 shares in the last quarter. Finally, Bridgewater Advisors Inc. lifted its stake in Invesco QQQ by 0.4% during the fourth quarter. Bridgewater Advisors Inc. now owns 44,663 shares of the exchange traded fund’s stock worth $27,525,000 after purchasing an additional 166 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $637.40 on Thursday. The stock’s fifty day moving average is $600.04 and its two-hundred day moving average is $610.11. Invesco QQQ has a 52 week low of $427.93 and a 52 week high of $637.83.

Invesco QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.7328 dividend. This represents a $2.93 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, March 23rd.

Invesco QQQ News Summary

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

• Positive Sentiment: Daily ETF flows show QQQ among the top net inflows, supporting demand for Nasdaq exposure and helping lift the ETF. Daily ETF Flows: QQQ SMH Top The List
• Positive Sentiment: Options flow and unusual activity on QQQ point to institutional accumulation and hedged bets (strangles/straddles); that can amplify moves higher as gamma and delta hedging kicks in. One Member Turned Volatility Into 536% in a Day… Here’s How We Spot the Next Market Meltdown Winner
• Positive Sentiment: Articles note “smart money” deploying fresh capital and pockets of buying in tech — constructive for QQQ given its heavy tech weighting. Smart Money Is Deploying Fresh Capital
• Neutral Sentiment: Market commentary highlights a rebound driven by complacency rather than broad conviction, which can support near?term gains but raises risk of a quick reversal. Market Rebounds As Investor Complacency Reigns
• Negative Sentiment: Geopolitical escalation around the Strait of Hormuz (Iran/Hormuz siege and blockade coverage) increases oil and commodity volatility and tends to push flows away from long-duration tech, pressuring QQQ if tensions persist. Iran: A Game Theory Analysis Of The Hormuz Siege
• Negative Sentiment: Rising PPI and energy-driven inflation spikes raise the odds of sticky inflation, which is negative for growth/tech multiples and could cap QQQ upside. PPI Jumps By Over 6% Month-To-Month Annualized For Third Month In A Row; Energy Price Spike Just Latest Wrinkle
• Negative Sentiment: Federal liquidity risks — focus on Fed balance?sheet shrinkage and warnings of a potential large liquidity shock — are cited as downside macro risks that could increase volatility and hurt risk assets like QQQ. With Warsh Confirmation Pending Focus Reverts To Shrinking Fed Balance Sheet

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.