Genesee Capital Advisors LLC Buys 1,744 Shares of Invesco QQQ $QQQ

Key Points

• Genesee Capital Advisors increased its stake in Invesco QQQ by 9.4% (buying 1,744 shares) to hold 20,294 shares worth $12.47 million, with QQQ representing about 5.0% of the firm's portfolio and its third-largest position.
• QQQ snapshot: the ETF opened at $584.98 with 50- and 200-day SMAs near $602 and $609, a 52-week range of $402.39–$637.01, and it paid a quarterly dividend of $0.7328 (annualized $2.93) for a 0.5% yield.
• Market sentiment is mixed — some see a healthy reset and short-term resilience for tech, but strong jobs data, rising yields, geopolitical/oil risks and warnings of a possible "bull trap" pose downside risks to QQQ's tech-heavy exposure.

Genesee Capital Advisors LLC raised its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 9.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,294 shares of the exchange traded fund's stock after buying an additional 1,744 shares during the quarter. Invesco QQQ makes up approximately 5.0% of Genesee Capital Advisors LLC's investment portfolio, making the stock its 3rd largest position. Genesee Capital Advisors LLC's holdings in Invesco QQQ were worth $12,467,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of QQQ. Well Done LLC increased its holdings in Invesco QQQ by 0.5% in the fourth quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund's stock valued at $2,113,000 after purchasing an additional 16 shares during the last quarter. Orgel Wealth Management LLC boosted its holdings in Invesco QQQ by 4.7% during the third quarter. Orgel Wealth Management LLC now owns 382 shares of the exchange traded fund's stock worth $229,000 after buying an additional 17 shares during the last quarter. Enclave Advisors LLC grew its position in shares of Invesco QQQ by 0.9% during the 3rd quarter. Enclave Advisors LLC now owns 1,831 shares of the exchange traded fund's stock worth $1,099,000 after buying an additional 17 shares during the period. IFS Advisors LLC increased its stake in shares of Invesco QQQ by 4.1% in the 3rd quarter. IFS Advisors LLC now owns 431 shares of the exchange traded fund's stock valued at $259,000 after acquiring an additional 17 shares during the last quarter. Finally, Mezzasalma Advisors LLC increased its stake in shares of Invesco QQQ by 0.5% in the 3rd quarter. Mezzasalma Advisors LLC now owns 3,312 shares of the exchange traded fund's stock valued at $1,988,000 after acquiring an additional 17 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $584.98 on Friday. The company's 50 day simple moving average is $602.08 and its 200 day simple moving average is $609.17. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01.

Invesco QQQ Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders 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 dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, March 23rd.

Key Headlines Impacting Invesco QQQ

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

• Positive Sentiment: Analysts argue the recent pullback in the S&P 500 looks like a healthy reset, supporting a risk-on stance that can benefit QQQ's large-cap tech exposure. S&P 500 May Have Already Found Bottom
• Positive Sentiment: Market note: QQQ recorded a modest gain in the latest daily update, reflecting short-term resilience after recent volatility — a signal that buyers are nibbling at tech again. Invesco QQQ Trust ETF (QQQ) Daily Update, 4/3/2026?
• Neutral Sentiment: Nasdaq’s new index/IPO rule changes could alter listings dynamics over time; not an immediate QQQ catalyst but worth monitoring for potential future index composition shifts. New Nasdaq Index Rules Are a Gift for IPO Flippers. Here’s Why.
• Neutral Sentiment: Deeper reads on the March jobs report show payrolls were strong but participation/quality metrics lag — this nuance could temper how hawkish the Fed reaction is, making the impact on growth stocks ambiguous. March Jobs Report: Payroll Strength Offsets Weakness In Participation
• Negative Sentiment: Market-moving: a strong March NFP surprise pushed futures and bonds lower (higher yields), a classic headwind for QQQ’s long-duration tech names as higher rates pressure valuations. Massive March Jobs Beat: Stock Futures And Bonds Trade Lower On Good Friday
• Negative Sentiment: Commentary warns the recent QQQ rebound may be a "bull trap" amid macro uncertainty — investors should be cautious on size and watch flows/breadth for confirmation. QQQ stock rally may be a bull trap: what next for the Nasdaq 100 Index?
• Negative Sentiment: Geopolitical tensions and oil/ Hormuz risk are cited as drivers for renewed risk-off moves; such safe-haven shifts typically weigh on growth/tech-heavy ETFs like QQQ. Iran And Oil Spark An Explosive Month

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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