Invesco QQQ $QQQ Shares Purchased by Mosaic Family Wealth Partners LLC

Key Points

• Mosaic Family Wealth Partners LLC increased its stake in Invesco QQQ by 219.6% in the first quarter, buying 2,809 additional shares and bringing its total to 4,088 shares valued at about $2.36 million.
• Invesco QQQ shares were up 1.7% on Friday, opening at $723.23, with the ETF trading between a 52-week low of $551.56 and a high of $748.65.
• The ETF announced a higher quarterly dividend of $0.8135 per share, up from $0.73 previously, payable on July 10, though the yield remains modest at about 0.4%.

Mosaic Family Wealth Partners LLC boosted its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 219.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,088 shares of the exchange traded fund's stock after buying an additional 2,809 shares during the period. Mosaic Family Wealth Partners LLC's holdings in Invesco QQQ were worth $2,359,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QQQ. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Invesco QQQ in the fourth quarter worth approximately $25,000. Shcp LLC acquired a new position in Invesco QQQ during the third quarter worth approximately $27,000. Annis Gardner Whiting Capital Advisors LLC increased its position in Invesco QQQ by 2,150.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund's stock worth $28,000 after purchasing an additional 43 shares during the last quarter. Rachor Investment Advisory Services LLC purchased a new position in Invesco QQQ during the fourth quarter worth approximately $29,000. Finally, Islay Capital Management LLC purchased a new position in Invesco QQQ during the fourth quarter worth approximately $32,000. Hedge funds and other institutional investors own 44.58% of the company's stock.

Invesco QQQ Trading Up 1.7%

Shares of QQQ opened at $723.23 on Friday. Invesco QQQ has a fifty-two week low of $551.56 and a fifty-two week high of $748.65. The company's fifty day moving average is $717.13 and its two-hundred day moving average is $649.53.

Invesco QQQ Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 22nd will be issued a $0.8135 dividend. The ex-dividend date is Monday, June 22nd. This is an increase from Invesco QQQ's previous quarterly dividend of $0.73. This represents a $3.25 dividend on an annualized basis and a yield of 0.4%.

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: Investors are still viewing QQQ as a go-to way to buy the tech-heavy Nasdaq-100, with multiple articles highlighting it as a strong dip-buying vehicle and noting heavy recent trading activity in the ETF. Article Title
• Positive Sentiment: Supportive market coverage around the Nasdaq-100 and QQQ suggests continued demand for large-cap growth exposure, which can help the ETF when tech stocks stabilize. Article Title
• Neutral Sentiment: BlackRock launched a cheaper Nasdaq-100 rival, iShares Nasdaq 100 ETF (IQQ), directly challenging Invesco QQQ and potentially pressuring fee-sensitive investor flows over time. Article Title
• Neutral Sentiment: Several pieces noted rising competition in the Nasdaq-100 ETF space and the index’s growing concentration in mega-cap tech, reinforcing QQQ’s dominance while also underscoring valuation and concentration risks. Article Title
• Negative Sentiment: Commentary warning that the AI and Nasdaq-100 trade may be overheating could weigh on sentiment if investors start rotating out of high-growth tech exposure. Article Title

Invesco QQQ Company 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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