Confluence Wealth Services Inc. Buys 3,239 Shares of Invesco QQQ $QQQ

Key Points

• Confluence Wealth Services increased its stake in Invesco QQQ by 140.8%, buying an additional 3,239 shares to hold 5,540 shares valued at about $3.40 million.
• Multiple large institutions (PNC, Envestnet, IMS Investment Management, US Bancorp and others) also raised positions, leaving institutional ownership at about 44.58%, signaling broad institutional demand for QQQ.
• QQQ is trading near its 1-year high (~$655) and is being boosted by rotation into AI/mega-cap tech and risk‑on sentiment, though volatility risks remain from events like Tesla earnings and geopolitical headlines; the ETF pays a quarterly dividend of $0.7328 (annualized ~$2.93, yield ~0.4%).

Confluence Wealth Services Inc. grew its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 140.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,540 shares of the exchange traded fund's stock after purchasing an additional 3,239 shares during the period. Confluence Wealth Services Inc.'s holdings in Invesco QQQ were worth $3,403,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of QQQ. PNC Financial Services Group Inc. lifted its position in Invesco QQQ by 0.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund's stock valued at $1,843,749,000 after acquiring an additional 8,038 shares during the period. Envestnet Asset Management Inc. lifted its position in Invesco QQQ by 2.2% during 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 acquiring an additional 64,025 shares during the period. Analyst IMS Investment Management Services Ltd. lifted its position in Invesco QQQ by 68.6% during the 4th 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 acquiring an additional 712,026 shares during the period. US Bancorp DE lifted its position in Invesco QQQ by 0.5% during 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 acquiring an additional 7,378 shares during the period. Finally, Maxi Investments CY Ltd lifted its position in Invesco QQQ by 8.1% during the 3rd quarter. Maxi Investments CY Ltd now owns 1,235,000 shares of the exchange traded fund's stock valued at $741,457,000 after acquiring an additional 92,700 shares during the period. Institutional investors own 44.58% of the company's stock.

More Invesco QQQ News

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

• Positive Sentiment: Broad-market and Nasdaq-linked ETFs rose after midday as U.S. equities advanced, lifting demand for QQQ exposure and reinforcing momentum into large-cap tech names. Exchange-Traded Funds Rise as US Equities Advance After Midday
• Positive Sentiment: A risk-on trade following President Trump’s decision to extend a cease-fire with Iran boosted small caps and market breadth — a favorable backdrop for tech-led rallies that benefit QQQ. Russell 2000 Extends Gains as Risk-On Trade Buoys Small Cap Sentiment
• Positive Sentiment: Coverage highlighting why QQQ is rising today points to rotation into AI/mega-cap tech names within the Nasdaq‑100, which directly supports QQQ flows and price action. What’s Driving the Invesco QQQ Trust ETF (QQQ) Higher Today 4-22-2026?
• Neutral Sentiment: Major ETFs face a potential volatility test from Tesla’s after‑hours earnings report; Tesla’s result could temporarily sway tech-centric funds but the net impact on QQQ depends on the stock’s weight and the earnings surprise. Major ETFs Face Tesla Earnings Test Amid AI Pivot
• Neutral Sentiment: Analysts note the ceasefire extension eases immediate geopolitical risk yet uncertainty remains; fragile geopolitics mean gains could be susceptible to headlines. Will a Ceasefire Extension Provide Relief to Wall Street ETFs?
• Neutral Sentiment: Invesco’s related Income Advantage ETF declared a monthly distribution, a small supportive item for investor demand in the broader QQQ product family, but it’s unlikely to be a major driver. Invesco QQQ Income Advantage ETF declares monthly distribution of $0.4635
• Negative Sentiment: Earlier headlines that Iran refused to attend peace talks and commentary about late‑cycle market risks/reminders from Fed testimony inject caution and could reverse risk appetite if escalations recur. Stocks Fall as Iran Refuses to Attend Peace Talks

Invesco QQQ Price Performance

Shares of NASDAQ QQQ opened at $655.11 on Thursday. Invesco QQQ has a 1 year low of $452.88 and a 1 year high of $655.33. The firm has a 50-day moving average of $603.84 and a 200 day moving average of $611.68.

Invesco QQQ Cuts Dividend

The firm 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. 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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