Odyssey Capital Advisors Inc. Invests $4.37 Million in Invesco QQQ $QQQ

Odyssey Capital Advisors Inc. bought a new position in shares of Invesco QQQ (NASDAQ:QQQ) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 7,109 shares of the exchange traded fund’s stock, valued at approximately $4,367,000. Invesco QQQ accounts for about 3.9% of Odyssey Capital Advisors Inc.’s investment portfolio, making the stock its 4th biggest position.

A number of other institutional investors also recently modified their holdings of the company. Peak Asset Management LLC raised its position in shares of Invesco QQQ by 0.3% during the fourth quarter. Peak Asset Management LLC now owns 19,279 shares of the exchange traded fund’s stock worth $11,843,000 after purchasing an additional 59 shares during the period. CMG Global Holdings LLC raised its position in shares of Invesco QQQ by 3.1% during the fourth quarter. CMG Global Holdings LLC now owns 17,137 shares of the exchange traded fund’s stock worth $10,381,000 after purchasing an additional 508 shares during the period. Tucker Asset Management LLC raised its position in shares of Invesco QQQ by 3.7% during the fourth quarter. Tucker Asset Management LLC now owns 67,249 shares of the exchange traded fund’s stock worth $41,312,000 after purchasing an additional 2,421 shares during the period. Requisite Capital Management LLC acquired a new position in shares of Invesco QQQ during the fourth quarter worth approximately $6,595,000. Finally, RiverFront Investment Group LLC raised its position in Invesco QQQ by 4.2% in the 4th quarter. RiverFront Investment Group LLC now owns 207,243 shares of the exchange traded fund’s stock valued at $127,312,000 after buying an additional 8,408 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: QQQ-related coverage highlighted that the ETF has still been attracting attention from investors, and Invesco pulled in $4.9 billion in ETF inflows, signaling continued demand for the firm’s products. ETF League Tables: Invesco Pulls In $4.9B
• Positive Sentiment: A pre-market market update noted U.S.-China meeting optimism and broad ETF/futures gains, which can support QQQ because it tracks the Nasdaq 100. Exchange-Traded Funds, Equity Futures Advance Pre-Bell Thursday Amid US-China Meeting
• Neutral Sentiment: Some commentary argued the market rally remains supported despite hot inflation prints and that stocks are not crashing because of AI skepticism alone, suggesting mixed but not clearly negative conditions for QQQ. Why Stocks Refuse To Crash (It’s Not AI)
• Neutral Sentiment: Several articles discussed market breadth, sentiment, and index mechanics, including the upcoming SpaceX IPO possibly forcing index-related buying, which could be a technical tailwind for Nasdaq-linked funds but is still speculative. SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.
• Negative Sentiment: Multiple pieces warned that Treasury yields are breaking out, stagflation odds are rising, the job market is weakening, and recession risk is increasing. Higher yields and slowing growth are typically negative for QQQ’s high-duration tech holdings. Treasury Rates Are Breaking Out Of A Multi-Year Consolidation
• Negative Sentiment: Additional bearish commentary flagged “market bloodshed,” a Hindenburg Omen warning sign, and an overextended rally due for correction, all of which reinforce risk-off sentiment toward QQQ. The New Fed Chair’s Balance Sheet Erasure And Market Bloodshed

Invesco QQQ Price Performance

NASDAQ QQQ opened at $708.93 on Monday. The business has a fifty day simple moving average of $628.38 and a 200 day simple moving average of $620.21. Invesco QQQ has a 12 month low of $505.58 and a 12 month high of $722.03.

Invesco QQQ Cuts Dividend

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

Invesco QQQ 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.