ORBA Wealth Advisors L.L.C. Has $3.95 Million Stake in Invesco QQQ $QQQ

ORBA Wealth Advisors L.L.C. decreased its position in Invesco QQQ (NASDAQ:QQQ) by 18.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,424 shares of the exchange traded fund’s stock after selling 1,501 shares during the period. Invesco QQQ accounts for about 3.4% of ORBA Wealth Advisors L.L.C.’s investment portfolio, making the stock its 7th biggest position. ORBA Wealth Advisors L.L.C.’s holdings in Invesco QQQ were worth $3,946,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in Invesco QQQ by 15.0% in the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock worth $19,605,000 after acquiring an additional 4,989 shares during the period. Revolve Wealth Partners LLC increased its position in Invesco QQQ by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after purchasing an additional 176 shares during the period. Jupiter Wealth Management LLC bought a new stake in shares of Invesco QQQ in the 2nd quarter valued at about $290,000. Wealth Group Ltd. raised its holdings in shares of Invesco QQQ by 283.7% in the 2nd quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock valued at $13,587,000 after purchasing an additional 18,210 shares in the last quarter. Finally, Invesco Ltd. lifted its position in shares of Invesco QQQ by 1,057.3% in the 2nd quarter. Invesco Ltd. now owns 33,063 shares of the exchange traded fund’s stock worth $18,239,000 after purchasing an additional 30,206 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.7%

NASDAQ QQQ opened at $719.79 on Friday. The firm’s 50 day moving average price is $626.42 and its 200-day moving average price is $619.64. Invesco QQQ has a 52-week low of $505.58 and a 52-week high of $722.03.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued 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 yield of 0.4%.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: QQQ is benefiting from strength in tech and semiconductors, with the Nasdaq 100 advancing despite hotter inflation data. Stock Market Today: Nasdaq 100 Rises Despite Hot PPI, Nvidia Hits Record High
• Positive Sentiment: Invesco’s QQQ saw a jump in assets under management in April, indicating strong investor demand for the fund and continued capital flowing into Nasdaq-100 exposure. Invesco’s QQQ AUM jumps 18% in April amid market gains
• Positive Sentiment: ETF flow data showed Invesco pulling in billions across its lineup, reinforcing that investors are still allocating heavily to passive equity funds. ETF League Tables: Invesco Pulls In $4.9B
• Neutral Sentiment: Several articles discussed QQQ versus alternatives like QQQM and VOO, reflecting ongoing investor debate about valuation, concentration risk, and whether QQQ remains the best long-term choice. QQQ vs. VOO — Which ETF Should Investors Buy Now?
• Neutral Sentiment: Commentary about a potential SpaceX IPO and broader market plumbing may affect index flows, but it is indirect and not a primary driver of QQQ today. SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.

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.