Legacy Edge Advisors LLC Buys Shares of 2,995 Invesco QQQ $QQQ

Key Points

• Legacy Edge Advisors LLC bought a new stake of 2,995 shares of Invesco QQQ in Q4, worth approximately $1.84 million according to its SEC filing.
• Large net inflows into tech ETFs and strong tech earnings are boosting Nasdaq-linked funds like QQQ, providing upward momentum for the ETF amid investor demand for AI and growth exposure.
• Invesco QQQ recently paid a quarterly dividend of $0.7328 (annualized $2.93, ~0.4% yield), and shares are trading near their 1‑year high (around $674) with 50‑ and 200‑day moving averages near $611 and $614, respectively.

Legacy Edge Advisors LLC bought a new stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,995 shares of the exchange traded fund's stock, valued at approximately $1,840,000.

Several other hedge funds also recently modified their holdings of QQQ. Goodman Advisory Group LLC acquired a new position in shares of Invesco QQQ during the 3rd quarter valued at $25,000. Shcp LLC acquired a new position in shares of Invesco QQQ during the 3rd quarter valued at $27,000. Rachor Investment Advisory Services LLC acquired a new position in shares of Invesco QQQ during the 4th quarter valued at $29,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Invesco QQQ during the 3rd quarter valued at $40,000. Finally, Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Invesco QQQ during the 3rd quarter valued at $42,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ News Roundup

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 Trading Up 0.9%

Shares of QQQ stock opened at $673.97 on Friday. Invesco QQQ has a 1 year low of $476.78 and a 1 year high of $675.97. The business's fifty day moving average is $610.87 and its 200-day moving average is $614.06.

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. The ex-dividend date was Monday, March 23rd. This represents a $2.93 annualized dividend and a dividend yield of 0.4%.

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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