4,557 Shares in Invesco QQQ $QQQ Bought by Ballast Rock Private Wealth LLC

Key Points

• Ballast Rock Private Wealth LLC opened a new position in Invesco QQQ during the fourth quarter, buying 4,557 shares worth about $2.8 million. The ETF now represents roughly 1.7% of the firm’s portfolio.
• Other institutional investors also added to or initiated QQQ positions, and the article says 44.58% of the ETF is owned by institutions. That suggests continued professional investor interest in the fund.
• QQQ was trading near its highs, opening at $710.93 with a one-year range of $486.20 to $711.23, while the fund also paid a quarterly dividend of $0.7328 per share. The surrounding market commentary remains broadly supportive, citing Nasdaq-100 strength, AI enthusiasm, and strong inflows, though some analysts warn the rally may be getting stretched.

Ballast Rock Private Wealth LLC bought a new position in Invesco QQQ (NASDAQ:QQQ - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 4,557 shares of the exchange traded fund's stock, valued at approximately $2,799,000. Invesco QQQ accounts for about 1.7% of Ballast Rock Private Wealth LLC's investment portfolio, making the stock its 12th biggest holding.

A number of other institutional investors also recently bought and sold shares of QQQ. Goodman Advisory Group LLC bought a new position in Invesco QQQ in the 3rd quarter worth $25,000. Shcp LLC bought a new position in Invesco QQQ in the 3rd quarter worth $27,000. Rachor Investment Advisory Services LLC bought a new position in Invesco QQQ in the 4th quarter worth $29,000. Measured Wealth Private Client Group LLC bought a new position in Invesco QQQ in the 3rd quarter worth $40,000. Finally, Morgan Dempsey Capital Management LLC raised its holdings in Invesco QQQ by 45.5% in the 3rd quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund's stock worth $48,000 after purchasing an additional 25 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Up 2.3%

Shares of Invesco QQQ stock opened at $710.93 on Friday. Invesco QQQ has a one year low of $486.20 and a one year high of $711.23. The stock's fifty day moving average is $615.95 and its 200 day moving average is $616.05.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued 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.

More Invesco QQQ News

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

• Positive Sentiment: QQQ is benefiting from a fresh Nasdaq-100 record, with large-cap tech and AI-related stocks driving the index higher and reinforcing bullish momentum. Nasdaq-100 record fuels QQQ debate on long-term gains
• Positive Sentiment: Market commentary highlights AI as a leading theme, which supports QQQ because of its heavy exposure to top technology and AI beneficiaries. 3 Market Themes Driving Stocks Right Now: AI, Alt Energy and Commodities
• Positive Sentiment: Broad market gains and stronger U.S. stock indexes are lifting index ETFs, adding support for QQQ alongside other equity funds. Exchange-Traded Funds Rise as US Equities Gain Midday
• Positive Sentiment: QQQ has seen significant inflows as investors buy the Nasdaq-100 rebound, indicating continued demand for the ETF. QQQ sees $10B inflow in 21 days as Nasdaq 100 rebounds
• Neutral Sentiment: Several articles debate whether QQQ is still attractive after the Nasdaq-100’s record run, which reflects investor interest but does not point to a clear near-term catalyst. VOO vs. QQQ: Which Index Fund Is the Better Buy Right Now?
• Neutral Sentiment: Other coverage focuses on market structure, sentiment, and index comparisons, which may influence trading interest but are less likely to move QQQ directly. QQQ vs. IWM: Is Large-Cap Growth or Small-Cap Diversification the Better Choice for Investors?
• Negative Sentiment: Some commentary warns that the rally could be getting stretched, and a potential summer drawdown could pressure high-growth Nasdaq ETFs like QQQ if sentiment cools. A Significant Drawdown Is Likely This Summer

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.

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