Investment Advisory Services Group LLC Takes $856,000 Position in Invesco QQQ $QQQ

Investment Advisory Services Group LLC acquired a new stake in Invesco QQQ (NASDAQ:QQQ) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,393 shares of the exchange traded fund’s stock, valued at approximately $856,000. Invesco QQQ comprises about 0.8% of Investment Advisory Services Group LLC’s portfolio, making the stock its 22nd biggest holding.

A number of other hedge funds have also added to or reduced their stakes in the company. Objective Capital Management LLC increased its stake in Invesco QQQ by 3.1% in the fourth quarter. Objective Capital Management LLC now owns 10,027 shares of the exchange traded fund’s stock valued at $6,160,000 after acquiring an additional 303 shares during the last quarter. Jacksonville Wealth Management LLC increased its stake in Invesco QQQ by 2.5% in the fourth quarter. Jacksonville Wealth Management LLC now owns 21,338 shares of the exchange traded fund’s stock valued at $13,108,000 after acquiring an additional 525 shares during the last quarter. One Day In July LLC increased its stake in Invesco QQQ by 3.5% in the fourth quarter. One Day In July LLC now owns 4,970 shares of the exchange traded fund’s stock valued at $3,053,000 after acquiring an additional 166 shares during the last quarter. Fourth Dimension Wealth LLC increased its stake in Invesco QQQ by 0.5% in the fourth quarter. Fourth Dimension Wealth LLC now owns 8,971 shares of the exchange traded fund’s stock valued at $5,511,000 after acquiring an additional 48 shares during the last quarter. Finally, Win Advisors Inc. bought a new position in Invesco QQQ in the fourth quarter valued at approximately $12,482,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ News Summary

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

• Positive Sentiment: QQQ is benefiting from renewed appetite for AI and semiconductor stocks, with articles noting that chip stocks have been outperforming software and that QQQ offers exposure to both groups. Chip Stocks Have Been Crushing Software. Here’s How to Play Both.
• Positive Sentiment: Market sentiment has improved as cooling geopolitical tensions, resilient employment data, and AI enthusiasm pushed risk assets higher, supporting the Nasdaq and QQQ. The Zacks Analyst Blog QQQ, DIA, DRAM, WGMI, EWY, DIME and BKCH
• Positive Sentiment: Analysts and market commentary also described the broader move as a “risk-on” trade, which tends to favor growth-heavy ETFs like QQQ. Time for Risk-On Trades? ETFs in Focus
• Neutral Sentiment: QQQ reached a new 12-month high, but recent commentary suggests some of the rally is already well-established, which may leave the ETF vulnerable if momentum in megacap tech slows. Invesco QQQ (NASDAQ:QQQ) Sets New 12-Month High – What’s Next?
• Negative Sentiment: Some articles warn that the AI trade is becoming crowded and heavily dependent on semiconductor leadership, meaning QQQ could face sharper pullbacks if chip momentum fades. GPTY Owns The Hottest AI Trade – That’s The Problem

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ opened at $707.24 on Wednesday. The company’s 50 day simple moving average is $621.92 and its 200 day simple moving average is $618.18. Invesco QQQ has a 1 year low of $505.58 and a 1 year high of $714.59.

Invesco QQQ Cuts Dividend

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

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.