Investment Advisory Services Group LLC Makes New $856,000 Investment in Invesco QQQ $QQQ

Investment Advisory Services Group LLC acquired a new position in shares of Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,393 shares of the exchange traded fund’s stock, valued at approximately $856,000. Invesco QQQ comprises 0.8% of Investment Advisory Services Group LLC’s portfolio, making the stock its 22nd largest holding.

Several other hedge funds have also recently bought and sold shares of QQQ. Goodman Advisory Group LLC acquired a new stake in Invesco QQQ during the third quarter worth approximately $25,000. Shcp LLC acquired a new stake in Invesco QQQ during the third quarter worth approximately $27,000. Rachor Investment Advisory Services LLC acquired a new stake in Invesco QQQ during the fourth quarter worth approximately $29,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Invesco QQQ in the third quarter valued at approximately $40,000. Finally, Morgan Dempsey Capital Management LLC raised its position in shares of Invesco QQQ by 45.5% in the third quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 25 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Down 0.8%

NASDAQ QQQ opened at $707.24 on Wednesday. Invesco QQQ has a 1-year low of $505.58 and a 1-year high of $714.59. The company has a 50 day moving average of $621.92 and a 200-day moving average of $618.18.

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 given 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 was Monday, March 23rd.

Invesco QQQ News Roundup

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

• Positive Sentiment: QQQ is benefiting from renewed appetite for AI and semiconductor stocks, with articles noting that chip stocks have been outperforming software and that QQQ offers exposure to both groups. Chip Stocks Have Been Crushing Software. Here’s How to Play Both.
• Positive Sentiment: Market sentiment has improved as cooling geopolitical tensions, resilient employment data, and AI enthusiasm pushed risk assets higher, supporting the Nasdaq and QQQ. The Zacks Analyst Blog QQQ, DIA, DRAM, WGMI, EWY, DIME and BKCH
• Positive Sentiment: Analysts and market commentary also described the broader move as a “risk-on” trade, which tends to favor growth-heavy ETFs like QQQ. Time for Risk-On Trades? ETFs in Focus
• Neutral Sentiment: QQQ reached a new 12-month high, but recent commentary suggests some of the rally is already well-established, which may leave the ETF vulnerable if momentum in megacap tech slows. Invesco QQQ (NASDAQ:QQQ) Sets New 12-Month High – What’s Next?
• Negative Sentiment: Some articles warn that the AI trade is becoming crowded and heavily dependent on semiconductor leadership, meaning QQQ could face sharper pullbacks if chip momentum fades. GPTY Owns The Hottest AI Trade – That’s The Problem

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.