Mesirow Financial Investment Management Inc. Decreases Stock Position in Invesco QQQ $QQQ

Mesirow Financial Investment Management Inc. lowered its stake in Invesco QQQ (NASDAQ:QQQ) by 9.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,559 shares of the exchange traded fund’s stock after selling 3,021 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Invesco QQQ were worth $18,162,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Well Done LLC increased its holdings in shares of Invesco QQQ by 0.5% in the fourth quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund’s stock worth $2,113,000 after buying an additional 16 shares during the period. Investment Management Corp VA ADV increased its holdings in shares of Invesco QQQ by 1.6% in the third quarter. Investment Management Corp VA ADV now owns 1,110 shares of the exchange traded fund’s stock worth $667,000 after buying an additional 17 shares during the period. Tenon Financial LLC increased its holdings in shares of Invesco QQQ by 2.2% in the fourth quarter. Tenon Financial LLC now owns 805 shares of the exchange traded fund’s stock worth $494,000 after buying an additional 17 shares during the period. SJS Investment Consulting Inc. increased its holdings in shares of Invesco QQQ by 1.7% in the fourth quarter. SJS Investment Consulting Inc. now owns 1,017 shares of the exchange traded fund’s stock worth $625,000 after buying an additional 17 shares during the period. Finally, Cascade Investment Group Inc. increased its holdings in shares of Invesco QQQ by 4.6% in the fourth quarter. Cascade Investment Group Inc. now owns 388 shares of the exchange traded fund’s stock worth $238,000 after buying an additional 17 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.1%

QQQ opened at $714.71 on Thursday. The business’s 50-day moving average price is $624.06 and its 200-day moving average price is $618.92. Invesco QQQ has a 12 month low of $505.58 and a 12 month high of $716.65.

Invesco QQQ Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a 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: Invesco reported that QQQ’s assets under management jumped 18% in April as broad market gains lifted the fund’s value. Invesco’s QQQ AUM jumps 18% in April amid market gains
• Positive Sentiment: Tech stocks, especially semiconductors, rallied despite a hotter-than-expected PPI report, showing investors are still willing to buy growth names tied to the AI trade. Stock Market Today: Nasdaq 100 Rises Despite Hot PPI, Nvidia Hits Record High
• Neutral Sentiment: Several market commentaries focused on inflation data, Fed expectations, and valuation concerns, which may keep volatility elevated but do not directly change QQQ’s underlying holdings. CPI Inflation Blows Past Fed Rates As Core Services, Gasoline, Electricity, And Food Spike; Fed’s ‘Real’ Rates Are Now Negative
• Neutral Sentiment: Analysts also highlighted QQQ’s role as a core exposure vehicle for both chip and software leaders, reinforcing its appeal to investors seeking continued AI and mega-cap tech exposure. QQQ vs. VOO — Which ETF Should Investors Buy Now?
• Negative Sentiment: Hot inflation readings have revived concerns that the Fed may stay restrictive longer, which could pressure growth stocks and make high-valuation tech shares harder to justify. Producer Price Inflation Explodes As The Services PPI Blows Out On Top Of The Energy Price Spike

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.