Invesco QQQ $QQQ Shares Purchased by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC raised its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 5.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,033 shares of the exchange traded fund’s stock after acquiring an additional 885 shares during the period. Sax Wealth Advisors LLC’s holdings in Invesco QQQ were worth $9,849,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco QQQ by 0.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,223,327 shares of the exchange traded fund’s stock valued at $1,778,116,000 after purchasing an additional 22,220 shares during the period. HRT Financial LP lifted its holdings in shares of Invesco QQQ by 118.3% during the second quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock worth $1,735,226,000 after purchasing an additional 1,704,600 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Invesco QQQ by 0.3% during the third quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund’s stock worth $1,843,749,000 after purchasing an additional 8,038 shares during the period. Envestnet Asset Management Inc. grew its position in Invesco QQQ by 2.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,986,326 shares of the exchange traded fund’s stock valued at $1,792,901,000 after buying an additional 64,025 shares during the last quarter. Finally, US Bancorp DE grew its position in Invesco QQQ by 0.5% in the 3rd quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock valued at $827,346,000 after buying an additional 7,378 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of QQQ opened at $587.82 on Thursday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The company’s fifty day moving average is $608.20 and its two-hundred day moving average is $609.77.

Invesco QQQ Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 23rd will be paid a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Monday, March 23rd.

Invesco QQQ News Summary

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

• Positive Sentiment: Easing Iran tensions and falling oil prices have boosted risk appetite, supporting large-cap tech and growth ETFs. This geopolitical update is a direct catalyst for a tech-led rally that benefits QQQ. Trump Signals Progress in Iran Talks
• Positive Sentiment: Broad ETF flows and a midday bounce in US equities lifted major ETFs, supporting QQQ as the Nasdaq/tech complex outperforms in the rally. Exchange-Traded Funds Rise as US Equities Advance
• Positive Sentiment: Reported dividend action tied to the Invesco QQQ Trust drew buyer interest, cited as a near-term positive catalyst boosting demand for the ETF. Dividend Announcement
• Positive Sentiment: Underlying tech fundamentals remain supportive: strong AI-driven demand and better-than-expected earnings from large Nasdaq names are providing conviction for long-term flows into QQQ and related products. Tech Earnings/AI Narrative
• Neutral Sentiment: Invesco is expanding its product set (new equal-weight Nasdaq-100 ETF QEW); product innovation can attract assets to the brand but may modestly re-mix flows among Nasdaq products. QEW ETF Launch
• Neutral Sentiment: Initiatives by Invesco around tokenization and an institutional on‑chain partnership signal strategic innovation for the firm (positive for the issuer), but the direct impact on QQQ flows is uncertain. Invesco $1B Superstate Partnership
• Negative Sentiment: Large-cap tech remains a double‑edged sword for QQQ: several mega-cap holdings have lagged YTD (e.g., Microsoft weakness), which can cap upside and amplify volatility if sentiment reverses. Tech Underperformance/Volatility
• Negative Sentiment: Market volatility and prior pullbacks mean gains can be short-lived; macro cross-currents (bonds, inflation, oil) remain key risks that could reverse ETF flows quickly. Pre-Market/Volatility Context

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.