McIlrath & Eck LLC Reduces Stock Holdings in Invesco QQQ $QQQ

McIlrath & Eck LLC trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 13.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,635 shares of the exchange traded fund's stock after selling 3,614 shares during the quarter. Invesco QQQ accounts for about 1.3% of McIlrath & Eck LLC's portfolio, making the stock its 24th largest position. McIlrath & Eck LLC's holdings in Invesco QQQ were worth $14,519,000 as of its most recent SEC filing.

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

Invesco QQQ Trading Up 1.3%

Invesco QQQ stock opened at $681.57 on Wednesday. The business's 50-day simple moving average is $612.32 and its two-hundred day simple moving average is $614.73. Invesco QQQ has a fifty-two week low of $476.78 and a fifty-two week high of $682.77.

Invesco QQQ Cuts Dividend

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

Invesco QQQ News Roundup

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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