USA Financial Formulas Has $65.24 Million Stock Holdings in Invesco QQQ $QQQ

Key Points

• USA Financial Formulas trimmed its stake in Invesco QQQ by 2.3% to 106,196 shares, worth about $65.24 million and accounting for 11.9% of its holdings, making QQQ its third-largest position.
• QQQ was down 2.0% (opened $562.58) and trading below its 50‑day and 200‑day moving averages (~$606); it recently paid a quarterly dividend of $0.7328 (annualized $2.93, ~0.5% yield) and has roughly 44.6% institutional ownership.
• Market drivers are mixed: AI/hyperscaler optimism supports the tech-heavy ETF, but rising oil and Iran-related geopolitical risk plus new competing ETFs (e.g., NYSX, equal-weight QEW) could weigh on flows and volatility.

USA Financial Formulas lessened its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 106,196 shares of the exchange traded fund's stock after selling 2,521 shares during the period. Invesco QQQ accounts for 11.9% of USA Financial Formulas' holdings, making the stock its 3rd biggest holding. USA Financial Formulas' holdings in Invesco QQQ were worth $65,237,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Goodman Advisory Group LLC acquired a new position in Invesco QQQ during the 3rd quarter worth about $25,000. Shcp LLC bought a new stake in shares of Invesco QQQ in the 3rd quarter valued at about $27,000. Navigoe LLC increased its stake in shares of Invesco QQQ by 300.0% in the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund's stock valued at $36,000 after buying an additional 45 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in shares of Invesco QQQ in the third quarter valued at about $40,000. Finally, PayPay Securities Corp raised its position in shares of Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund's stock worth $41,000 after acquiring an additional 30 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 2.0%

Invesco QQQ stock opened at $562.58 on Friday. The stock's 50 day moving average is $606.07 and its 200 day moving average is $609.61. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01.

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 issued a dividend of $0.7328 per share. The ex-dividend date was Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.5%.

Invesco QQQ News Summary

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

• Positive Sentiment: Hyperscaler and AI optimism supports large-cap tech names that dominate QQQ, providing a demand tailwind for the ETF. Hyperscalers Are Bullish on AI's Future
• Neutral Sentiment: Global X launched the NYSE 100 ETF (NYSX), giving investors another large‑cap tech alternative to QQQ; could modestly affect flows over time but not an immediate disruption. Tech Growth Reimagined: Inside Global X's Launch of NYSX
• Neutral Sentiment: Coverage and analyst pieces continue to highlight QQQ as a core way to get Nasdaq‑100 exposure; that keeps it on investor radars even amid volatility. Should Invesco QQQ (QQQ) Be on Your Investing Radar?
• Neutral Sentiment: Short-term trading ideas (options) tied to Invesco corporate moves have surfaced, which can increase volume and volatility in QQQ but are not a directional guarantee. Use options to play a potential Invesco runup after Janus Henderson deal
• Negative Sentiment: Rising oil prices and renewed Iran‑related geopolitical risk are prompting risk‑off moves that pressure growth/tech‑heavy ETFs like QQQ. Oil Prices Rise +80% Since December - When Will It End?
• Negative Sentiment: Broad ETF selling and midday weakness in US equities pulled major ETFs lower, contributing to downward pressure on QQQ. Exchange-Traded Funds Fall as US Equities Decline After Midday
• Negative Sentiment: Invesco's launch of an equal‑weight QQQ product (QEW) and other new ETF entrants could reallocate flows away from cap‑weighted QQQ over time. A New ETF Right for These Times

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.

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.