TrustBank Makes New $21.26 Million Investment in Invesco QQQ $QQQ

TrustBank purchased a new position in Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 34,612 shares of the exchange traded fund’s stock, valued at approximately $21,262,000. Invesco QQQ comprises about 8.9% of TrustBank’s investment portfolio, making the stock its 3rd largest position.

Several other hedge funds have also added to or reduced their stakes in QQQ. SG Americas Securities LLC lifted its stake in Invesco QQQ by 120.2% in the fourth quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock worth $131,292,000 after purchasing an additional 1,270,102 shares during the last quarter. Analyst IMS Investment Management Services Ltd. lifted its stake in Invesco QQQ by 68.6% in the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock worth $1,075,091,000 after purchasing an additional 712,026 shares during the last quarter. Axxcess Wealth Management LLC lifted its stake in Invesco QQQ by 1,216.9% in the fourth quarter. Axxcess Wealth Management LLC now owns 561,706 shares of the exchange traded fund’s stock worth $345,070,000 after purchasing an additional 519,051 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco QQQ by 11.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock worth $2,179,321,000 after purchasing an additional 375,581 shares during the last quarter. Finally, NorthRock Partners LLC raised its stake in shares of Invesco QQQ by 1,355.6% during the third quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock valued at $183,024,000 after acquiring an additional 283,909 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ News Roundup

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 Stock Up 1.8%

Shares of NASDAQ:QQQ opened at $730.28 on Wednesday. The company has a 50-day moving average price of $643.93 and a 200-day moving average price 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 company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid 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 of this dividend 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.