Invesco QQQ $QQQ is Tucker Asset Management LLC’s 2nd Largest Position

Tucker Asset Management LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 3.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 67,249 shares of the exchange traded fund’s stock after purchasing an additional 2,421 shares during the quarter. Invesco QQQ makes up about 12.0% of Tucker Asset Management LLC’s investment portfolio, making the stock its 2nd biggest position. Tucker Asset Management LLC’s holdings in Invesco QQQ were worth $41,312,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Well Done LLC boosted its holdings in 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 acquiring an additional 16 shares in the last quarter. Investment Management Corp VA ADV lifted its holdings in shares of Invesco QQQ by 1.6% during the third quarter. Investment Management Corp VA ADV now owns 1,110 shares of the exchange traded fund’s stock worth $667,000 after purchasing an additional 17 shares during the period. Tenon Financial LLC lifted its holdings in shares of Invesco QQQ by 2.2% during the fourth quarter. Tenon Financial LLC now owns 805 shares of the exchange traded fund’s stock worth $494,000 after purchasing an additional 17 shares during the period. SJS Investment Consulting Inc. lifted its holdings in shares of Invesco QQQ by 1.7% during the fourth quarter. SJS Investment Consulting Inc. now owns 1,017 shares of the exchange traded fund’s stock worth $625,000 after purchasing an additional 17 shares during the period. Finally, Cascade Investment Group Inc. lifted its holdings in shares of Invesco QQQ by 4.6% during the fourth quarter. Cascade Investment Group Inc. now owns 388 shares of the exchange traded fund’s stock worth $238,000 after purchasing an additional 17 shares during the period. Institutional investors own 44.58% of the company’s stock.

More Invesco QQQ News

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

• Positive Sentiment: QQQ-related coverage highlighted that the ETF has still been attracting attention from investors, and Invesco pulled in $4.9 billion in ETF inflows, signaling continued demand for the firm’s products. ETF League Tables: Invesco Pulls In $4.9B
• Positive Sentiment: A pre-market market update noted U.S.-China meeting optimism and broad ETF/futures gains, which can support QQQ because it tracks the Nasdaq 100. Exchange-Traded Funds, Equity Futures Advance Pre-Bell Thursday Amid US-China Meeting
• Neutral Sentiment: Some commentary argued the market rally remains supported despite hot inflation prints and that stocks are not crashing because of AI skepticism alone, suggesting mixed but not clearly negative conditions for QQQ. Why Stocks Refuse To Crash (It’s Not AI)
• Neutral Sentiment: Several articles discussed market breadth, sentiment, and index mechanics, including the upcoming SpaceX IPO possibly forcing index-related buying, which could be a technical tailwind for Nasdaq-linked funds but is still speculative. SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.
• Negative Sentiment: Multiple pieces warned that Treasury yields are breaking out, stagflation odds are rising, the job market is weakening, and recession risk is increasing. Higher yields and slowing growth are typically negative for QQQ’s high-duration tech holdings. Treasury Rates Are Breaking Out Of A Multi-Year Consolidation
• Negative Sentiment: Additional bearish commentary flagged “market bloodshed,” a Hindenburg Omen warning sign, and an overextended rally due for correction, all of which reinforce risk-off sentiment toward QQQ. The New Fed Chair’s Balance Sheet Erasure And Market Bloodshed

Invesco QQQ Price Performance

Invesco QQQ stock opened at $708.93 on Monday. Invesco QQQ has a 52 week low of $505.58 and a 52 week high of $722.03. The stock has a 50-day moving average price of $628.38 and a 200 day moving average price of $620.21.

Invesco QQQ Cuts Dividend

The company also recently announced 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. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.4%.

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.