Money Concepts Capital Corp Invests $42.52 Million in Invesco QQQ $QQQ

Money Concepts Capital Corp purchased a new position in shares of Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 69,207 shares of the exchange traded fund’s stock, valued at approximately $42,515,000. Invesco QQQ makes up approximately 2.4% of Money Concepts Capital Corp’s portfolio, making the stock its 7th biggest position.

Several other large investors also recently made changes to their positions in the stock. HORAN Wealth LLC bought a new stake in shares of Invesco QQQ during the 4th quarter worth about $1,503,000. Concentrum Wealth Management lifted its position in shares of Invesco QQQ by 10.2% during the 4th quarter. Concentrum Wealth Management now owns 22,548 shares of the exchange traded fund’s stock worth $13,852,000 after purchasing an additional 2,081 shares during the last quarter. KLCM Advisors Inc. acquired a new position in shares of Invesco QQQ during the 4th quarter worth about $4,681,000. Blackhawk Capital Partners LLC lifted its position in shares of Invesco QQQ by 12.4% during the 4th quarter. Blackhawk Capital Partners LLC now owns 2,111 shares of the exchange traded fund’s stock worth $1,297,000 after purchasing an additional 233 shares during the last quarter. Finally, Trek Financial LLC lifted its position in shares of Invesco QQQ by 98.5% during the 4th quarter. Trek Financial LLC now owns 26,896 shares of the exchange traded fund’s stock worth $16,523,000 after purchasing an additional 13,344 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $713.29 on Tuesday. Invesco QQQ has a twelve month low of $501.48 and a twelve month high of $714.59. The stock has a 50-day simple moving average of $619.92 and a 200 day simple moving average of $617.47.

Invesco QQQ Cuts Dividend

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

Key Invesco QQQ News

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

• Positive Sentiment: Investors are rotating back into risk assets as cooling Middle East tensions, resilient jobs data, and AI momentum lift sentiment for tech-heavy ETFs like Invesco QQQ Trust (QQQ). Time for Risk-On Trades? ETFs in Focus
• Positive Sentiment: Market coverage highlighted that broad market ETFs were moving higher and that the Nasdaq/tech complex was holding up well, which is constructive for QQQ because it tracks the Nasdaq 100. Exchange-Traded Funds Higher, US Equities Mixed After Midday
• Positive Sentiment: Commentary on “5 ETF Winners of Last Week” pointed to AI euphoria and strong momentum in tech-adjacent markets, a favorable backdrop for QQQ’s large growth-stock exposure. 5 ETF Winners of Last Week
• Neutral Sentiment: Short-interest data showed 0 shares short, offering little meaningful trading signal for QQQ and suggesting no notable bearish pressure from this report.
• Neutral Sentiment: Several market commentaries focused on intraday levels, rally conditions, and cautious optimism, but did not point to a specific company-level catalyst for QQQ.
• Negative Sentiment: One article argued that Asia-linked ETFs are attracting AI-driven flows away from U.S. mega-cap funds such as QQQ, implying some competition for investor attention. Forget SPY and QQQ — these Asia-linked ETFs are stealing the AI mania
• Negative Sentiment: Concerns about a hot CPI print and warnings about “irrational exuberance” could pressure growth stocks if inflation data pushes rates higher or cools risk appetite. A Hot CPI Report May Trigger A Major Market Shift

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.