Invesco QQQ $QQQ is ORBA Wealth Advisors L.L.C.’s 7th Largest Position

ORBA Wealth Advisors L.L.C. reduced its position in Invesco QQQ (NASDAQ:QQQ) by 18.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,424 shares of the exchange traded fund’s stock after selling 1,501 shares during the period. Invesco QQQ accounts for about 3.4% of ORBA Wealth Advisors L.L.C.’s portfolio, making the stock its 7th largest position. ORBA Wealth Advisors L.L.C.’s holdings in Invesco QQQ were worth $3,946,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. PNC Financial Services Group Inc. boosted its stake in Invesco QQQ by 0.3% in the third quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund’s stock valued at $1,843,749,000 after acquiring an additional 8,038 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Invesco QQQ by 2.2% in the third quarter. Envestnet Asset Management Inc. now owns 2,986,326 shares of the exchange traded fund’s stock worth $1,792,901,000 after purchasing an additional 64,025 shares during the last quarter. Analyst IMS Investment Management Services Ltd. increased its position in shares of Invesco QQQ by 68.6% during the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock worth $1,075,091,000 after purchasing an additional 712,026 shares in the last quarter. US Bancorp DE increased its position in shares of Invesco QQQ by 0.5% during the third quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock worth $827,346,000 after purchasing an additional 7,378 shares in the last quarter. Finally, Maxi Investments CY Ltd lifted its holdings in shares of Invesco QQQ by 8.1% during the 3rd quarter. Maxi Investments CY Ltd now owns 1,235,000 shares of the exchange traded fund’s stock valued at $741,457,000 after purchasing an additional 92,700 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $719.79 on Friday. Invesco QQQ has a 1-year low of $505.58 and a 1-year high of $722.03. The business has a fifty day moving average price of $626.42 and a 200-day moving average price of $619.64.

Invesco QQQ Cuts Dividend

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

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: QQQ is benefiting from strength in tech and semiconductors, with the Nasdaq 100 advancing despite hotter inflation data. Stock Market Today: Nasdaq 100 Rises Despite Hot PPI, Nvidia Hits Record High
• Positive Sentiment: Invesco’s QQQ saw a jump in assets under management in April, indicating strong investor demand for the fund and continued capital flowing into Nasdaq-100 exposure. Invesco’s QQQ AUM jumps 18% in April amid market gains
• Positive Sentiment: ETF flow data showed Invesco pulling in billions across its lineup, reinforcing that investors are still allocating heavily to passive equity funds. ETF League Tables: Invesco Pulls In $4.9B
• Neutral Sentiment: Several articles discussed QQQ versus alternatives like QQQM and VOO, reflecting ongoing investor debate about valuation, concentration risk, and whether QQQ remains the best long-term choice. QQQ vs. VOO — Which ETF Should Investors Buy Now?
• Neutral Sentiment: Commentary about a potential SpaceX IPO and broader market plumbing may affect index flows, but it is indirect and not a primary driver of QQQ today. SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.

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.