Gamco Investors INC. ET AL lowered its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 10.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,444 shares of the exchange traded fund’s stock after selling 1,691 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Invesco QQQ were worth $8,873,000 at the end of the most recent reporting period.
Other large investors have also recently 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 purchased a new stake in Invesco QQQ during the 3rd quarter worth approximately $27,000. Rachor Investment Advisory Services LLC purchased a new stake in shares of Invesco QQQ in the 4th quarter valued at $29,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Invesco QQQ in the 3rd quarter valued at $40,000. Finally, Morgan Dempsey Capital Management LLC boosted its holdings in shares of Invesco QQQ by 45.5% in the 3rd quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 25 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.
Key Invesco QQQ News
Here are the key news stories impacting Invesco QQQ this week:
- Neutral Sentiment: Analysts highlighted that Nvidia’s upcoming earnings could be a major catalyst for QQQ and the AI trade, with investors watching closely for signs that big-cap tech can keep driving the market. What Nvidia Earnings Mean for VOO and QQQ
- Neutral Sentiment: One market update said the structural uptrend is still intact, but traders are becoming more selective as the AI rally shows signs of broadening fatigue. Retail Returns, Momo Retreats, NVIDIA Looms
- Neutral Sentiment: ETF commentary noted that QQQ remains a strong long-term technology vehicle and has historically beaten broader growth funds, reinforcing its role as a core tech holding. MGK vs. QQQ: Which Tech-Stock ETF Is a Better Buy?
- Negative Sentiment: Multiple articles pointed to weaker ETF and equity prices, with broad-market funds slipping and investors rotating away from risk assets, which can pressure QQQ. Exchange-Traded Funds Decline, US Equities Drop After Midday
- Negative Sentiment: Commentary warned that rising Treasury yields and renewed Fed rate-hike fears could hit high-growth tech valuations, a headwind for QQQ. Fed Rate Hike Fears: Rippling Through ETF Flows
- Negative Sentiment: Several opinion pieces argued that the AI-led rally is showing cracks and that investors should reduce risk into strength, adding to selling pressure in Nasdaq-linked funds like QQQ. Cracks Forming Within The AI Narrative Powering The Market Rally
Invesco QQQ Price Performance
Invesco QQQ Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.7328 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a yield of 0.4%.
Invesco QQQ Company 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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