Coldstream Capital Management Inc. Has $18.55 Million Position in Invesco QQQ $QQQ

Coldstream Capital Management Inc. raised its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 55.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 30,192 shares of the exchange traded fund’s stock after purchasing an additional 10,708 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Invesco QQQ were worth $18,547,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Goodman Advisory Group LLC acquired a new position in shares of Invesco QQQ during the 3rd quarter worth about $25,000. Shcp LLC acquired a new position in shares of Invesco QQQ during the 3rd quarter worth about $27,000. Rachor Investment Advisory Services LLC acquired a new position in shares of Invesco QQQ during the 4th quarter worth about $29,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Invesco QQQ during the 3rd quarter worth about $40,000. Finally, Morgan Dempsey Capital Management LLC grew its position in shares of Invesco QQQ by 45.5% during the 3rd quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 25 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

More Invesco QQQ News

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

• Positive Sentiment: Nvidia’s buybacks, dividend increase, and AI growth are putting Nasdaq-heavy ETFs like QQQ in focus, reinforcing demand for large-cap tech exposure. NVIDIA Ramps Up Shareholder Returns: ETFs in Focus
• Positive Sentiment: Semiconductor strength remains a tailwind for QQQ, as the sector’s long-running rally continues to support growth-oriented technology indexes. Is the VanEck Semiconductor ETF the Right ETF to Own as We Head Into June?
• Neutral Sentiment: Some market commentary suggests ETFs are increasingly dominating trading flows, but the article is more thematic than a direct driver for QQQ today. ETF Zoo: Why Rebalancing Killed the ARK Star
• Negative Sentiment: Earlier market coverage pointed to mixed ETF performance and a pullback in U.S. equities, which can weigh on QQQ when traders rotate out of growth stocks. Exchange-Traded Funds Mixed, US Equities Decline After Midday

Invesco QQQ Stock Performance

Invesco QQQ stock opened at $717.54 on Friday. Invesco QQQ has a 1 year low of $505.58 and a 1 year high of $722.12. The business has a 50-day moving average of $638.80 and a 200-day moving average of $623.07.

Invesco QQQ Cuts Dividend

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

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.