Steel Grove Capital Advisors LLC Sells 3,835 Shares of Invesco QQQ $QQQ

Steel Grove Capital Advisors LLC trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ) by 1.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 258,365 shares of the exchange traded fund’s stock after selling 3,835 shares during the quarter. Invesco QQQ accounts for 16.5% of Steel Grove Capital Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Steel Grove Capital Advisors LLC’s holdings in Invesco QQQ were worth $158,716,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. TrustBank acquired a new position in shares of Invesco QQQ during the fourth quarter worth approximately $21,262,000. Cypress Capital Management LLC WY raised its position in shares of Invesco QQQ by 8.3% during the fourth quarter. Cypress Capital Management LLC WY now owns 341 shares of the exchange traded fund’s stock worth $209,000 after purchasing an additional 26 shares during the period. Roundview Capital LLC raised its position in shares of Invesco QQQ by 1.8% during the fourth quarter. Roundview Capital LLC now owns 57,144 shares of the exchange traded fund’s stock worth $35,104,000 after purchasing an additional 990 shares during the period. Flputnam Investment Management Co. raised its position in shares of Invesco QQQ by 3.5% during the fourth quarter. Flputnam Investment Management Co. now owns 46,432 shares of the exchange traded fund’s stock worth $28,524,000 after purchasing an additional 1,553 shares during the period. Finally, M3 Wealth Management LLC acquired a new position in shares of Invesco QQQ during the fourth quarter worth approximately $1,262,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: Broad market ETFs were higher in afternoon trading, suggesting ongoing support for large-cap growth and index funds like QQQ. Exchange-Traded Funds Rise, US Equities Mixed After Midday
• Positive Sentiment: Commentary highlighted QQQ’s recent strength, noting that the ETF has been trending upward over the past several sessions and remains a focal point for investors seeking exposure to Nasdaq-100 leaders. Why Is Invesco QQQ Trust ETF (QQQ) Rising Today, 5/26/26?
• Neutral Sentiment: Multiple articles simply recapped QQQ’s structure and performance profile, reinforcing its role as a core large-cap growth ETF but not pointing to any new catalyst. Should Invesco QQQ (QQQ) Be on Your Investing Radar?
• Negative Sentiment: One report warned that a potential fast-track inclusion of SpaceX in the Nasdaq-100 could create technical rebalancing risk for QQQ, which may pressure the ETF if index changes force large adjustments. SpaceX’s IPO Could Create a Hidden Risk for Nasdaq-100 ETF Investors

Invesco QQQ Price Performance

NASDAQ QQQ opened at $730.28 on Wednesday. The business has a fifty day simple moving average of $643.93 and a 200 day simple moving average of $624.45. Invesco QQQ has a 12 month low of $511.93 and a 12 month high of $731.17.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a $0.7328 dividend. This represents a $2.93 dividend on an annualized basis 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.