Keewaydin Investments LLC Acquires New Position in Invesco QQQ $QQQ

Keewaydin Investments LLC acquired a new stake in Invesco QQQ (NASDAQ:QQQ) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,102 shares of the exchange traded fund’s stock, valued at approximately $3,749,000. Invesco QQQ accounts for about 1.0% of Keewaydin Investments LLC’s investment portfolio, making the stock its 7th biggest position.

A number of other large investors also recently bought and sold shares of the stock. Sivia Capital Partners LLC lifted its position in Invesco QQQ by 2.3% in the fourth quarter. Sivia Capital Partners LLC now owns 1,849 shares of the exchange traded fund’s stock valued at $1,136,000 after buying an additional 42 shares during the last quarter. Greenspring Advisors LLC lifted its position in Invesco QQQ by 403.0% in the fourth quarter. Greenspring Advisors LLC now owns 1,690 shares of the exchange traded fund’s stock valued at $1,038,000 after buying an additional 1,354 shares during the last quarter. Disciplined Investors L.L.C. lifted its position in Invesco QQQ by 4.0% in the fourth quarter. Disciplined Investors L.L.C. now owns 1,288 shares of the exchange traded fund’s stock valued at $791,000 after buying an additional 49 shares during the last quarter. Evolution Wealth Management Inc. lifted its position in Invesco QQQ by 196.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 1,808 shares of the exchange traded fund’s stock valued at $1,110,000 after buying an additional 1,198 shares during the last quarter. Finally, Sarver Vrooman Wealth Advisors acquired a new position in Invesco QQQ in the fourth quarter valued at about $604,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of QQQ opened at $744.21 on Thursday. Invesco QQQ has a 1 year low of $522.66 and a 1 year high of $748.65. The company’s 50-day simple moving average is $661.43 and its 200-day simple moving average is $629.67.

Invesco QQQ Cuts Dividend

The firm also recently declared 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 of this dividend was Monday, March 23rd.

More Invesco QQQ News

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

• Positive Sentiment: Analysts highlighted that QQQ has quietly outperformed the Vanguard S&P 500 ETF over the past decade, reinforcing its appeal as a long-term growth vehicle. Article Title
• Positive Sentiment: Another piece argued that, even with the Nasdaq at record highs, AI-led earnings momentum and history still favor continued interest in Invesco QQQ. Article Title
• Neutral Sentiment: Some market commentary pointed to low-volatility and value ETFs as defensive alternatives amid overvaluation and stagflation worries, which could modestly compete with QQQ’s growth-focused appeal. Article Title
• Neutral Sentiment: Bearish commentary about an “AI mania” and dot-com-bubble comparisons may temper enthusiasm, but it has not yet displaced the broader bullish momentum behind Nasdaq growth names. Article Title
• Negative Sentiment: Several articles warned that the market may be stretched and that investors are rotating toward safer or cheaper exposures, which could create near-term pressure on QQQ if risk appetite cools. Article Title

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.