Invesco QQQ $QQQ Stock Holdings Increased by Wellspring Financial Advisors LLC

Wellspring Financial Advisors LLC raised its position in shares of Invesco QQQ (NASDAQ:QQQ) by 0.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,437,073 shares of the exchange traded fund’s stock after acquiring an additional 824 shares during the period. Invesco QQQ makes up approximately 12.2% of Wellspring Financial Advisors LLC’s holdings, making the stock its 2nd biggest holding. Wellspring Financial Advisors LLC’s holdings in Invesco QQQ were worth $882,808,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of QQQ. Goodman Advisory Group LLC bought a new position in shares of Invesco QQQ during the 3rd quarter valued at approximately $25,000. Shcp LLC bought a new position in shares of Invesco QQQ during the 3rd quarter valued at approximately $27,000. Annis Gardner Whiting Capital Advisors LLC grew its position in Invesco QQQ by 2,150.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 43 shares during the last quarter. Rachor Investment Advisory Services LLC bought a new position in Invesco QQQ in the 4th quarter valued at $29,000. Finally, Measured Wealth Private Client Group LLC bought a new position in Invesco QQQ in the 3rd quarter valued at $40,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ News Roundup

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

• Negative Sentiment: Hot May CPI data reinforced worries that inflation is sticky, increasing the odds that the Federal Reserve stays restrictive for longer, which can pressure growth stocks. CPI Inflation Rate +4.2%: Hottest in 3 Years
• Negative Sentiment: Multiple market commentaries warned that inflation and geopolitical tensions are pushing equities toward the downside, a backdrop that can hit the Nasdaq-100 more than the broader market. Markets Turn To The Downside Amid Geopolitical Tensions And Rising Inflation
• Neutral Sentiment: Several pieces compared QQQ with other tech ETFs and the Nasdaq-100 versus the S&P 500, highlighting that investors are actively debating whether to stay in concentrated tech exposure or rotate to more diversified funds. Should You Invest in the S&P 500 or the Nasdaq-100 Right Now?
• Neutral Sentiment: Articles about SpaceX, OpenAI, and other mega-IPO activity suggest capital may rotate within growth and innovation trades rather than broadly supporting QQQ itself. ARKQ vs. QQQ: Which Tech Stock ETF is the Better Buy?

Invesco QQQ Stock Down 2.0%

Shares of Invesco QQQ stock opened at $693.69 on Thursday. The stock’s fifty day moving average is $675.37 and its two-hundred day moving average is $633.67. Invesco QQQ has a 52 week low of $523.65 and a 52 week high of $748.65.

Invesco QQQ Cuts Dividend

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

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.