Align Financial LLC Invests $78.12 Million in Invesco QQQ $QQQ

Key Points

• Align Financial LLC opened a new position in Invesco QQQ during the fourth quarter, buying 1,271,636 shares valued at about $78.1 million. The stake represented 0.20% of the ETF according to its latest SEC filing.
• Institutional interest in QQQ remains strong, with several large investors boosting holdings significantly, including Bank of America Corp DE and Northwestern Mutual Wealth Management. Overall, 44.58% of the ETF is owned by institutional investors and hedge funds.
• QQQ shares were trading near $722.51, close to their 12-month high of $748.65, while the fund recently paid a quarterly dividend of $0.7328 per share. The article also notes mixed sentiment around the ETF, with enthusiasm for tech exposure balanced by concerns about valuations and Fed policy.

Align Financial LLC purchased a new position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,271,636 shares of the exchange traded fund's stock, valued at approximately $78,118,000. Align Financial LLC owned 0.20% of Invesco QQQ as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE boosted its holdings in Invesco QQQ by 381.0% during the fourth quarter. Bank of America Corp DE now owns 19,547,552 shares of the exchange traded fund's stock worth $12,008,257,000 after buying an additional 26,505,055 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of 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 valued at $2,179,321,000 after purchasing an additional 375,581 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of Invesco QQQ by 21.4% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 3,025,000 shares of the exchange traded fund's stock valued at $1,858,288,000 after purchasing an additional 534,000 shares in the last quarter. Analyst IMS Investment Management Services Ltd. lifted its holdings in shares of 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 valued at $1,075,091,000 after purchasing an additional 712,026 shares in the last quarter. Finally, Bank of Montreal Can lifted its holdings in shares of Invesco QQQ by 142.4% in the fourth quarter. Bank of Montreal Can now owns 1,431,050 shares of the exchange traded fund's stock valued at $877,406,000 after purchasing an additional 840,803 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 1.0%

Shares of NASDAQ QQQ opened at $722.51 on Thursday. Invesco QQQ has a 12-month low of $523.65 and a 12-month high of $748.65. The firm's 50-day moving average is $689.67 and its two-hundred day moving average is $637.91.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.7328 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.4%.

Key Invesco QQQ News

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

• Positive Sentiment: Broad market sentiment was helped by continued interest in growth and tech exposure, including articles noting QQQ as a popular way to access the Nasdaq-100 and its mega-cap tech holdings. VOO vs. QQQ — Which Strong Buy-Rated ETF Should You Choose Now?
• Positive Sentiment: SpaceX’s strong Nasdaq debut also kept investor attention on high-growth, innovation-led names, which can support sentiment toward Nasdaq-heavy funds like QQQ. Stock Market Today: Dow Waffles Ahead Of Fed Decision, Warsh Remarks; SpaceX Rally Continues (Live Coverage)
• Neutral Sentiment: Several pieces framed QQQ as a benchmark for tech investing versus lower-fee or more specialized ETFs, but these were mostly educational comparisons rather than direct catalysts. Forget QQQ. The Pure Tech Fund Charges a Quarter of the Fee and Has Gained 33% in 2026
• Neutral Sentiment: Midday market coverage showed broad ETFs mixed, suggesting a lack of strong directional conviction in the overall market backdrop. Exchange-Traded Funds, US Equities Mixed After Midday
• Negative Sentiment: Fed-related coverage is adding caution, with investors focused on Kevin Warsh’s first FOMC meeting and the risk of a more hawkish stance on rates, which can pressure growth stocks and Nasdaq-heavy ETFs. Fed Chair Warsh in the Spotlight: Will He Advocate Rate Cuts?
• Negative Sentiment: Another Fed-focused article noted the central bank’s statement was unusually terse and lacked forward guidance, increasing uncertainty around the rate path and weighing on risk assets. New Era for the Fed: Kevin Warsh at the FOMC
• Negative Sentiment: Some commentary argued valuations are stretched for Nasdaq and tech exposure, including claims that alternative funds may offer cheaper or stronger returns than QQQ, which can dampen sentiment. QTUM vs. QQQ: Does the Quantum-Computing ETF Beat Just Buying the Nasdaq-100?

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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