Garner Asset Management Corp Has $17.40 Million Stake in Invesco QQQ $QQQ

Key Points

• Garner Asset Management increased its stake in Invesco QQQ by 7.1% in Q4 to 28,321 shares, making QQQ its largest holding at about 6.7% of the portfolio and valued at approximately $17.40 million at quarter-end.
• QQQ has benefited from heavy net inflows and April outperformance led by growth/AI and semiconductor names, but faces downside risks from renewed geopolitical/inflation concerns and stretched market leverage that could trigger risk-off flows.
• Shares opened recently at $681.57 (12‑month high $682.77, low $476.78) and the fund paid a quarterly dividend of $0.7328 per share (annualized $2.93, roughly a 0.4% yield).

Garner Asset Management Corp raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 7.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,321 shares of the exchange traded fund's stock after purchasing an additional 1,882 shares during the quarter. Invesco QQQ accounts for approximately 6.7% of Garner Asset Management Corp's portfolio, making the stock its largest position. Garner Asset Management Corp's holdings in Invesco QQQ were worth $17,398,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of QQQ. Goodman Advisory Group LLC bought a new stake in Invesco QQQ during the 3rd quarter valued at $25,000. Shcp LLC bought a new stake in Invesco QQQ during the 3rd quarter valued at $27,000. Rachor Investment Advisory Services LLC bought a new stake in Invesco QQQ during the 4th quarter valued at $29,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Invesco QQQ during the third quarter valued at approximately $40,000. Finally, Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Invesco QQQ during the third quarter valued at approximately $42,000. Institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Up 1.3%

Shares of NASDAQ:QQQ opened at $681.57 on Wednesday. Invesco QQQ has a 12-month low of $476.78 and a 12-month high of $682.77. The business's 50 day moving average is $612.32 and its 200 day moving average is $614.73.

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 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 dividend yield of 0.4%.

Key Invesco QQQ News

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

• Positive Sentiment: Heavy inflows and April outperformance vs. peers — QQQ saw strong net inflows and topped SPY in April as growth/AI names led the market, a tailwind for the fund’s price and demand. Investors pour billions into QQQ
• Positive Sentiment: Strong earnings and AI capex theme — headlines point to resilient corporate profits and continued AI-related spending, which benefits the Nasdaq-100 exposure that QQQ tracks. Stocks Soar As Profits Roar
• Positive Sentiment: Sector leadership from AI, semis and tech ETFs — April winners were concentrated in AI and semiconductor-focused funds, supporting tech-heavy QQQ momentum. Best-Performing ETFs of April
• Positive Sentiment: Market commentary and daily updates note QQQ strength this morning, highlighting premarket gains and short-term bullish flows that can amplify intraday moves. Why Is QQQ Rising Today?
• Neutral Sentiment: Competition from dividend and value ETFs — a Fidelity high-dividend ETF (FIDI) has matched/edged QQQ YTD performance, which could divert some flows but so far hasn’t halted QQQ’s momentum. This ETF Is Outpacing Tech Stocks
• Neutral Sentiment: Positioning shifts in equal-weight Nasdaq vehicles — an institutional trim in an equal-weight Nasdaq ETF (QQEW) is noted; it may modestly redirect flows between Nasdaq products without directly reducing demand for market-cap-weighted QQQ. Gratus Wealth Trims QQEW Stake
• Negative Sentiment: Geopolitical and inflation fears — renewed Middle East tensions and oil spikes are reviving inflation worries, a risk to long-duration growth stocks that dominate QQQ. Latest Middle East Turmoil
• Negative Sentiment: Macro & leverage concerns — several commentaries warn of stretched market leverage and broader macro fragility, which could trigger risk-off flows that hurt growth-heavy ETFs like QQQ. The Macro Situation Is Collapsing

Invesco QQQ 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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