Invesco QQQ $QQQ Shares Sold by Encompass More Asset Management

Encompass More Asset Management reduced its holdings in Invesco QQQ (NASDAQ:QQQ) by 59.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,922 shares of the exchange traded fund’s stock after selling 18,914 shares during the quarter. Invesco QQQ makes up 1.5% of Encompass More Asset Management’s portfolio, making the stock its 18th biggest holding. Encompass More Asset Management’s holdings in Invesco QQQ were worth $7,938,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in QQQ. Goodman Advisory Group LLC acquired a new position in Invesco QQQ in the third quarter valued at $25,000. Shcp LLC acquired a new position in Invesco QQQ in the third quarter valued at $27,000. Rachor Investment Advisory Services LLC acquired a new position in Invesco QQQ in the fourth quarter valued at $29,000. Measured Wealth Private Client Group LLC acquired a new position in Invesco QQQ in the third quarter valued at $40,000. Finally, Barnes Dennig Private Wealth Management LLC acquired a new position in Invesco QQQ in the third quarter valued at $42,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 2.1%

Invesco QQQ stock opened at $695.71 on Thursday. The stock has a fifty day moving average price of $614.21 and a 200 day moving average price of $615.41. Invesco QQQ has a 52 week low of $476.78 and a 52 week high of $695.93.

Invesco QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.7328 dividend. This represents a $2.93 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, March 23rd.

Key Invesco QQQ News

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

• Positive Sentiment: Large, rapid inflows into QQQ — about $10B over the last 21 days — are creating direct buying pressure on the ETF and its underlying Nasdaq-100 holdings, a primary reason shares are higher today. Nasdaq 100 ETF QQQ Records Third-Largest 21-Day Inflows Ever As Investors Rush Back Into US Stocks
• Positive Sentiment: Invesco’s recent quarterly results topped forecasts on the back of ETF inflows, reinforcing confidence in the firm’s ETF franchise and supporting demand for QQQ. Invesco Q1 results edge past forecasts on ETF inflows
• Positive Sentiment: Options-market activity shows bullish positioning around QQQ (call buying and breakout continuation trades), signaling traders expect further upside and helping lift the ETF’s price. QQQ Cannot Be Stopped: How Options Traders Are Reacting
• Neutral Sentiment: Broad-market ETF demand is rising alongside equities, which helps QQQ but is not unique to the Nasdaq-100; the move may reflect sector rotation and broader risk-on flows. Exchange-Traded Funds Rise as US Equities Climb After Midday
• Neutral Sentiment: ETF inflows into U.S. funds picked up in April ($174B reported), providing macro tailwinds for equity ETFs like QQQ but also signaling broad demand across many funds. ETF inflows surge: U.S. funds pull in $174B in April as equity demand accelerates
• Negative Sentiment: Some alternative ETFs (including high-dividend and equal-weight Nasdaq products) have recently outpaced or drawn investor attention away from QQQ, highlighting potential competition for flows if rotation continues. This ETF Is Are Outpacing Tech Stocks While Paying High Dividends
• Negative Sentiment: Today’s trading volume is below the ETF’s 3-month average, which could indicate less conviction behind the move and increase the risk of short-term reversals.

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.