Invesco QQQ $QQQ is Fusion Family Wealth LLC’s 9th Largest Position

Fusion Family Wealth LLC decreased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 1.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 99,579 shares of the exchange traded fund’s stock after selling 1,781 shares during the period. Invesco QQQ accounts for approximately 4.6% of Fusion Family Wealth LLC’s holdings, making the stock its 9th biggest holding. Fusion Family Wealth LLC’s holdings in Invesco QQQ were worth $61,172,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. PNC Financial Services Group Inc. grew its stake in shares of Invesco QQQ by 0.3% during the third quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund’s stock worth $1,843,749,000 after acquiring an additional 8,038 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Invesco QQQ by 2.2% during the third quarter. Envestnet Asset Management Inc. now owns 2,986,326 shares of the exchange traded fund’s stock worth $1,792,901,000 after acquiring an additional 64,025 shares during the last quarter. Analyst IMS Investment Management Services Ltd. grew its stake in shares of Invesco QQQ by 68.6% during 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 acquiring an additional 712,026 shares during the last quarter. US Bancorp DE grew its stake in shares of Invesco QQQ by 0.5% during the third quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock worth $827,346,000 after acquiring an additional 7,378 shares during the last quarter. Finally, Maxi Investments CY Ltd grew its stake in shares of Invesco QQQ by 8.1% during the third quarter. Maxi Investments CY Ltd now owns 1,235,000 shares of the exchange traded fund’s stock worth $741,457,000 after acquiring an additional 92,700 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $710.93 on Monday. Invesco QQQ has a fifty-two week low of $486.20 and a fifty-two week high of $711.23. The stock’s 50-day simple moving average is $615.95 and its 200-day simple moving average is $616.05.

Invesco QQQ Cuts Dividend

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

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

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.