Invesco QQQ $QQQ Shares Purchased by UNIVEST FINANCIAL Corp

UNIVEST FINANCIAL Corp boosted its holdings in Invesco QQQ (NASDAQ:QQQ) by 33.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,820 shares of the exchange traded fund’s stock after buying an additional 947 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in Invesco QQQ were worth $2,346,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in QQQ. SG Americas Securities LLC grew its position in Invesco QQQ by 120.2% in the fourth quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock worth $131,292,000 after buying an additional 1,270,102 shares during the last quarter. Analyst IMS Investment Management Services Ltd. grew its position in 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 worth $1,075,091,000 after buying an additional 712,026 shares during the last quarter. Japan Science & Technology Agency acquired a new position in Invesco QQQ in the third quarter worth approximately $179,311,000. NorthRock Partners LLC grew its position in Invesco QQQ by 1,355.6% in the third quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock worth $183,024,000 after buying an additional 283,909 shares during the last quarter. Finally, BXM Wealth LLC grew its position in Invesco QQQ by 1,744.9% in the fourth quarter. BXM Wealth LLC now owns 219,962 shares of the exchange traded fund’s stock worth $135,125,000 after buying an additional 208,039 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Invesco QQQ stock opened at $710.93 on Monday. Invesco QQQ has a 1 year low of $486.20 and a 1 year high of $711.23. The firm’s 50 day moving average price is $615.95 and its two-hundred day moving average price is $616.05.

Invesco QQQ Cuts Dividend

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

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: QQQ is benefiting from a fresh Nasdaq-100 record, with large-cap tech and AI-related stocks driving the index higher and reinforcing bullish momentum. Nasdaq-100 record fuels QQQ debate on long-term gains
• Positive Sentiment: Market commentary highlights AI as a leading theme, which supports QQQ because of its heavy exposure to top technology and AI beneficiaries. 3 Market Themes Driving Stocks Right Now: AI, Alt Energy and Commodities
• Positive Sentiment: Broad market gains and stronger U.S. stock indexes are lifting index ETFs, adding support for QQQ alongside other equity funds. Exchange-Traded Funds Rise as US Equities Gain Midday
• Positive Sentiment: QQQ has seen significant inflows as investors buy the Nasdaq-100 rebound, indicating continued demand for the ETF. QQQ sees $10B inflow in 21 days as Nasdaq 100 rebounds
• Neutral Sentiment: Several articles debate whether QQQ is still attractive after the Nasdaq-100’s record run, which reflects investor interest but does not point to a clear near-term catalyst. VOO vs. QQQ: Which Index Fund Is the Better Buy Right Now?
• Neutral Sentiment: Other coverage focuses on market structure, sentiment, and index comparisons, which may influence trading interest but are less likely to move QQQ directly. QQQ vs. IWM: Is Large-Cap Growth or Small-Cap Diversification the Better Choice for Investors?
• Negative Sentiment: Some commentary warns that the rally could be getting stretched, and a potential summer drawdown could pressure high-growth Nasdaq ETFs like QQQ if sentiment cools. A Significant Drawdown Is Likely This Summer

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.