Invesco QQQ $QQQ Shares Purchased by M&T Bank Corp

Key Points

• M&T Bank Corp increased its stake in Invesco QQQ (NASDAQ:QQQ) by 1.5% in Q4, buying 2,100 shares to hold 143,305 shares valued at about $88.03 million.
• QQQ is trading near its 1‑year high (opened $673.97; 1‑year high $675.97) with 50‑day/200‑day moving averages around $610–$614, and it pays a quarterly dividend of $0.7328 (annualized $2.93) for a ~0.4% yield.
• Market drivers are mixed: large net inflows into tech/AI ETFs and strong tech earnings support QQQ, while rising inflation, semiconductor shorting, and concerns about 2027 AI capex present downside risks.

M&T Bank Corp increased its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 1.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 143,305 shares of the exchange traded fund's stock after purchasing an additional 2,100 shares during the quarter. M&T Bank Corp's holdings in Invesco QQQ were worth $88,034,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Goodman Advisory Group LLC acquired a new stake in Invesco QQQ during the 3rd quarter worth approximately $25,000. Shcp LLC acquired a new stake in Invesco QQQ during the 3rd quarter worth approximately $27,000. Measured Wealth Private Client Group LLC acquired a new stake in Invesco QQQ during the 3rd quarter worth approximately $40,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Invesco QQQ during the 3rd quarter worth approximately $42,000. Finally, Morgan Dempsey Capital Management LLC increased its position in Invesco QQQ by 45.5% during the 3rd quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund's stock worth $48,000 after purchasing an additional 25 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company's stock.

Invesco QQQ Price Performance

QQQ opened at $673.97 on Monday. The firm has a 50 day moving average price of $610.87 and a 200 day moving average price of $614.18. Invesco QQQ has a 1 year low of $476.78 and a 1 year high of $675.97.

Invesco QQQ Cuts Dividend

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

Invesco QQQ News Summary

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

• Positive Sentiment: Large net inflows into tech ETFs are lifting Nasdaq-linked funds like QQQ as investors pile into AI and growth exposure. Tech ETFs Dominate
• Positive Sentiment: Broad-market ETFs and US equities are advancing intraday, providing upward momentum to major ETFs including QQQ. Exchange-Traded Funds Advance
• Positive Sentiment: Ongoing strong tech earnings (recent blowouts) have relieved bearish pressure and are supporting growth names concentrated in QQQ. Bears Run Scared After Earnings
• Positive Sentiment: Q1 GDP strength was partly driven by AI investment, a structural tailwind for the large-cap tech companies that dominate QQQ. GDP Boosted By AI Investments
• Neutral Sentiment: Technical/market-timing indicators and monthly seasonality forecasts point to mixed near-term signals — could add volatility even as direction trends favor tech. Chart Indicator Signals A Sell
• Negative Sentiment: Rising inflation readings have increased the odds of Fed tightening, which typically pressures high-growth, long-duration names concentrated in QQQ. Inflation Nears The 'Red Zone'
• Negative Sentiment: High-profile shorting activity in the semiconductor space (Michael Burry) and a pulled-back chip rally could weigh on QQQ components tied to semiconductors. Michael Burry Shorting Chips
• Negative Sentiment: Analysts flag potential weakening in 2027 AI capex plans, which could temper forward growth expectations for AI-exposed large caps in QQQ. 2027 AI Capex Concerns

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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