Wealthquest Corp Makes New Investment in Invesco QQQ $QQQ

Wealthquest Corp acquired a new position in Invesco QQQ (NASDAQ:QQQ) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,479 shares of the exchange traded fund’s stock, valued at approximately $1,523,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Kuhn & Co Investment Counsel bought a new position in Invesco QQQ in the fourth quarter worth $265,000. Atticus Wealth Management LLC grew its stake in shares of Invesco QQQ by 5.5% in the fourth quarter. Atticus Wealth Management LLC now owns 10,627 shares of the exchange traded fund’s stock worth $6,529,000 after acquiring an additional 556 shares during the last quarter. First National Trust Co grew its stake in shares of Invesco QQQ by 5.0% in the fourth quarter. First National Trust Co now owns 7,808 shares of the exchange traded fund’s stock worth $4,797,000 after acquiring an additional 373 shares during the last quarter. Praxis Capital Management LLC purchased a new stake in shares of Invesco QQQ in the fourth quarter worth $3,010,000. Finally, Summit Asset Management LLC grew its stake in shares of Invesco QQQ by 1.0% in the fourth quarter. Summit Asset Management LLC now owns 4,969 shares of the exchange traded fund’s stock worth $3,052,000 after acquiring an additional 47 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ News Roundup

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

• Positive Sentiment: Nvidia’s buybacks, dividend increase, and AI growth are putting Nasdaq-heavy ETFs like QQQ in focus, reinforcing demand for large-cap tech exposure. NVIDIA Ramps Up Shareholder Returns: ETFs in Focus
• Positive Sentiment: Semiconductor strength remains a tailwind for QQQ, as the sector’s long-running rally continues to support growth-oriented technology indexes. Is the VanEck Semiconductor ETF the Right ETF to Own as We Head Into June?
• Neutral Sentiment: Some market commentary suggests ETFs are increasingly dominating trading flows, but the article is more thematic than a direct driver for QQQ today. ETF Zoo: Why Rebalancing Killed the ARK Star
• Negative Sentiment: Earlier market coverage pointed to mixed ETF performance and a pullback in U.S. equities, which can weigh on QQQ when traders rotate out of growth stocks. Exchange-Traded Funds Mixed, US Equities Decline After Midday

Invesco QQQ Price Performance

NASDAQ QQQ opened at $717.54 on Monday. Invesco QQQ has a 12 month low of $505.58 and a 12 month high of $722.12. The stock’s fifty day moving average price is $638.80 and its 200-day moving average price is $623.00.

Invesco QQQ Cuts Dividend

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, March 23rd.

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.