Granite Group Advisors LLC Takes Position in Invesco QQQ $QQQ

Granite Group Advisors LLC purchased a new stake in shares of Invesco QQQ (NASDAQ:QQQ) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,511 shares of the exchange traded fund’s stock, valued at approximately $928,000.

A number of other hedge funds have also bought and sold shares of the business. Sage Advisors LLC lifted its holdings in Invesco QQQ by 11.9% during the fourth quarter. Sage Advisors LLC now owns 3,982 shares of the exchange traded fund’s stock worth $2,446,000 after acquiring an additional 423 shares during the period. Fort Washington Investment Advisors Inc. OH grew its stake in Invesco QQQ by 21.3% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 4,849 shares of the exchange traded fund’s stock valued at $2,979,000 after purchasing an additional 851 shares during the period. LongView Wealth Management grew its stake in Invesco QQQ by 1.9% in the 4th quarter. LongView Wealth Management now owns 11,782 shares of the exchange traded fund’s stock valued at $7,389,000 after purchasing an additional 216 shares during the period. Parsons Capital Management Inc. RI increased its position in shares of Invesco QQQ by 11.6% during the 4th quarter. Parsons Capital Management Inc. RI now owns 3,557 shares of the exchange traded fund’s stock valued at $2,185,000 after purchasing an additional 370 shares during the last quarter. Finally, Norden Group LLC increased its position in shares of Invesco QQQ by 2.2% during the 4th quarter. Norden Group LLC now owns 17,213 shares of the exchange traded fund’s stock valued at $10,574,000 after purchasing an additional 365 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Key Stories Impacting Invesco QQQ

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

Invesco QQQ Trading Down 2.0%

NASDAQ QQQ opened at $562.58 on Friday. The business’s fifty day moving average is $606.07 and its 200-day moving average is $609.40. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01.

Invesco QQQ Cuts Dividend

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

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.