Circle Wealth Management LLC Has $35.69 Million Stake in Invesco QQQ $QQQ

Circle Wealth Management LLC grew its holdings in Invesco QQQ (NASDAQ:QQQ) by 6.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,091 shares of the exchange traded fund’s stock after buying an additional 3,477 shares during the period. Invesco QQQ accounts for about 0.5% of Circle Wealth Management LLC’s portfolio, making the stock its 15th biggest holding. Circle Wealth Management LLC’s holdings in Invesco QQQ were worth $35,686,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Carrera Capital Advisors boosted its holdings in Invesco QQQ by 99.3% in the fourth quarter. Carrera Capital Advisors now owns 2,316 shares of the exchange traded fund’s stock worth $1,423,000 after acquiring an additional 1,154 shares in the last quarter. Sovran Advisors LLC boosted its holdings in Invesco QQQ by 8.0% in the fourth quarter. Sovran Advisors LLC now owns 18,032 shares of the exchange traded fund’s stock worth $11,212,000 after acquiring an additional 1,340 shares in the last quarter. Corepath Wealth Partners LLC boosted its holdings in Invesco QQQ by 19.7% in the fourth quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock worth $5,471,000 after acquiring an additional 1,436 shares in the last quarter. Cane Capital Partners LLC bought a new position in Invesco QQQ in the fourth quarter worth approximately $715,000. Finally, Coyle Financial Counsel LLC boosted its holdings in Invesco QQQ by 4.9% in the third quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock worth $26,091,000 after acquiring an additional 2,035 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

More Invesco QQQ News

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

• Positive Sentiment: Short-term liquidity could improve market conditions, which may support growth stocks and the Nasdaq-100 holdings inside QQQ. A Short-Term Liquidity Boost May Be Coming To Markets
• Positive Sentiment: Broad U.S. equities were moving higher during the day, and ETF strength suggests investors were still willing to add exposure to large-cap growth and tech names. Exchange-Traded Funds Rise as US Equities Advance After Midday
• Neutral Sentiment: Some commentary suggests QQQ remains the familiar way to own the Nasdaq-100, but investors are being reminded that cheaper alternatives exist, which may affect fund flows more than near-term performance. Forget QQQ as the Same Company Sells the Same Nasdaq-100 for 17% Less
• Neutral Sentiment: One ETF comparison argued that QQQ has historically outperformed some thematic tech funds, reinforcing its role as a benchmark Nasdaq-100 vehicle rather than a direct catalyst for a move in the fund. ARKQ vs. QQQ: Which Tech Stock ETF is the Better Buy?
• Negative Sentiment: Multiple articles warned that May CPI showed inflation remaining elevated, which could keep the Fed on hold or push it toward a more hawkish stance—typically a headwind for high-valuation tech stocks in QQQ. May CPI Report: War Impact Remains Contained, Allowing The Fed To Stay On Hold
• Negative Sentiment: Several pieces focused on a possible AI bubble, slower token spending, and “cracks” in the AI trade, which could pressure Nasdaq-heavy funds like QQQ if investors rotate out of mega-cap tech. Market Rotation Alert: The AI Bubble Is Showing Cracks

Invesco QQQ Trading Up 0.6%

Shares of NASDAQ:QQQ opened at $721.34 on Friday. The business’s 50 day simple moving average is $680.91 and its two-hundred day simple moving average is $635.17. Invesco QQQ has a 52-week low of $523.65 and a 52-week high of $748.65.

Invesco QQQ Cuts Dividend

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

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.