Steele Capital Management Inc. Has $126.19 Million Stock Position in Invesco QQQ $QQQ

Key Points

• Steele Capital Management trimmed its QQQ stake by 1.4% to 205,424 shares, valued at $126.19 million, which is about 5.4% of its portfolio and its sixth‑largest position.
• Invesco QQQ has seen strong demand recently—reportedly drawing about $6.5 billion amid easing Iran war fears and benefiting from a robust ETF backdrop (ETF flows topped $500 billion in early 2026)—and it paid a quarterly dividend of $0.7328 (annualized $2.93, ~0.5% yield), though short‑term sentiment is mixed.

Steele Capital Management Inc. lessened its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 205,424 shares of the exchange traded fund's stock after selling 2,967 shares during the quarter. Invesco QQQ accounts for about 5.4% of Steele Capital Management Inc.'s investment portfolio, making the stock its 6th largest position. Steele Capital Management Inc.'s holdings in Invesco QQQ were worth $126,194,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Goodman Advisory Group LLC bought a new position in shares of Invesco QQQ during the 3rd quarter worth approximately $25,000. Shcp LLC bought a new position in shares of Invesco QQQ during the 3rd quarter worth approximately $27,000. Navigoe LLC lifted its position in shares of Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund's stock worth $36,000 after buying an additional 45 shares during the period. Measured Wealth Private Client Group LLC bought a new position in Invesco QQQ in the 3rd quarter valued at $40,000. Finally, PayPay Securities Corp raised its position in Invesco QQQ by 78.9% in the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund's stock valued at $41,000 after purchasing an additional 30 shares during the last quarter. Institutional investors own 44.58% of the company's stock.

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: Big direct inflows: QQQ reportedly drew about $6.5 billion as investors rotated back into equities amid easing Iran war fears — a strong, immediate demand signal for the Nasdaq‑100 exposure. Investors Rotate Into Equities as Iran War Fears Ease
• Positive Sentiment: ETF industry tailwind: ETF flows exceeded $500 billion in the first 3.5 months of 2026, reflecting record trading and new launches — a favorable backdrop for large, liquid ETFs like QQQ. ETF Flows Top $500 Billion in First Quarter of 2026
• Positive Sentiment: Income product announcement: Invesco’s QQQ Income Advantage ETF declared a monthly distribution of $0.4635, which can attract yield‑seeking buyers to Invesco’s QQQ product family and support sentiment. Invesco QQQ Income Advantage ETF declares monthly distribution of $0.4635
• Neutral Sentiment: Market commentary and trade strategies (options/position ideas) for QQQ and major tech names are circulating — useful for short‑term trader flows but not a clear directional catalyst for the ETF itself. Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, And TSLA
• Neutral Sentiment: Weekly ETF performance recaps note QQQ among top performers last week amid easing geopolitical fears and strong earnings — contextually supportive but not an immediate driver. Top-Performing ETFs of Last Week
• Neutral Sentiment: Analysis pieces highlight a strong market signal rallying stocks but note sectoral nuances from Iran risk — informative for positioning but mixed implications for QQQ. The Year's Most Positive Signal Rallies Markets, But Iran Risk Favors Select Sectors
• Negative Sentiment: Short‑term weakness/premarket decline: Some outlets flagged a premarket drop in QQQ and noted profit‑taking and rotation as reasons — a near‑term headwind for price action. Why Is Invesco QQQ Trust ETF (QQQ) Falling Today 4-20-2026?
• Negative Sentiment: Broader risk note: Analysts caution that the trade lifting the S&P 500 may be fragile — a potential catalyst for a pullback that would weigh on QQQ if momentum reverses. The Trade Driving The S&P 500 Higher May Not Last

Invesco QQQ Trading Down 0.3%

Shares of QQQ opened at $646.79 on Tuesday. The stock has a fifty day moving average price of $602.34 and a two-hundred day moving average price of $611.08. Invesco QQQ has a 52-week low of $427.93 and a 52-week high of $650.00.

Invesco QQQ Cuts Dividend

The firm 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 was Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.5%.

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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