49 Wealth Management LLC Grows Holdings in Invesco QQQ $QQQ

Key Points

• 49 Wealth Management LLC increased its stake in Invesco QQQ by 10.4% in the fourth quarter, adding 1,755 shares to bring its total to 18,654 shares valued at about $11.46 million.
• Institutional interest in QQQ remains strong, with several hedge funds and investors reporting major position increases, and institutional ownership now standing at 44.58% of the ETF.
• QQQ is benefiting from bullish market themes such as Nasdaq-100 record highs, AI-driven tech strength, and broad equity inflows, though some commentary warns the rally may be stretched.

49 Wealth Management LLC grew its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 10.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,654 shares of the exchange traded fund's stock after buying an additional 1,755 shares during the quarter. Invesco QQQ accounts for about 0.9% of 49 Wealth Management LLC's investment portfolio, making the stock its 18th largest holding. 49 Wealth Management LLC's holdings in Invesco QQQ were worth $11,459,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. 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 valued at $131,292,000 after buying an additional 1,270,102 shares during the last quarter. Analyst IMS Investment Management Services Ltd. grew its holdings in Invesco QQQ by 68.6% during 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 acquiring an additional 712,026 shares during the period. Japan Science & Technology Agency acquired a new position in Invesco QQQ during the third quarter worth about $179,311,000. NorthRock Partners LLC grew its holdings in 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 worth $183,024,000 after acquiring an additional 283,909 shares during the period. Finally, BXM Wealth LLC grew its holdings in Invesco QQQ by 1,744.9% during the fourth quarter. BXM Wealth LLC now owns 219,962 shares of the exchange traded fund's stock worth $135,125,000 after acquiring an additional 208,039 shares during the period. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

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 Stock Down 0.0%

NASDAQ:QQQ opened at $710.93 on Monday. The business's 50-day moving average price is $615.95 and its 200 day moving average price is $616.05. Invesco QQQ has a 52-week low of $486.20 and a 52-week high of $711.23.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.7328 per share. 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.

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.

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