Odyssey Capital Advisors Inc. Purchases New Shares in Invesco QQQ $QQQ

Odyssey Capital Advisors Inc. purchased a new stake in Invesco QQQ (NASDAQ:QQQ) in the fourth quarter, Holdings Channel.com reports. The fund purchased 7,109 shares of the exchange traded fund’s stock, valued at approximately $4,367,000. Invesco QQQ makes up about 3.9% of Odyssey Capital Advisors Inc.’s holdings, making the stock its 4th biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of QQQ. Goodman Advisory Group LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter worth $25,000. Shcp LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter worth $27,000. Rachor Investment Advisory Services LLC bought a new stake in shares of Invesco QQQ during the 4th quarter worth $29,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter worth $40,000. Finally, Morgan Dempsey Capital Management LLC raised its stake in shares of Invesco QQQ by 45.5% during the 3rd quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 25 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

NASDAQ QQQ opened at $708.93 on Monday. Invesco QQQ has a one year low of $505.58 and a one year high of $722.03. The business’s fifty day moving average is $628.38 and its 200-day moving average is $620.21.

Invesco QQQ Cuts Dividend

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

Invesco QQQ News Roundup

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

• Positive Sentiment: QQQ-related coverage highlighted that the ETF has still been attracting attention from investors, and Invesco pulled in $4.9 billion in ETF inflows, signaling continued demand for the firm’s products. ETF League Tables: Invesco Pulls In $4.9B
• Positive Sentiment: A pre-market market update noted U.S.-China meeting optimism and broad ETF/futures gains, which can support QQQ because it tracks the Nasdaq 100. Exchange-Traded Funds, Equity Futures Advance Pre-Bell Thursday Amid US-China Meeting
• Neutral Sentiment: Some commentary argued the market rally remains supported despite hot inflation prints and that stocks are not crashing because of AI skepticism alone, suggesting mixed but not clearly negative conditions for QQQ. Why Stocks Refuse To Crash (It’s Not AI)
• Neutral Sentiment: Several articles discussed market breadth, sentiment, and index mechanics, including the upcoming SpaceX IPO possibly forcing index-related buying, which could be a technical tailwind for Nasdaq-linked funds but is still speculative. SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.
• Negative Sentiment: Multiple pieces warned that Treasury yields are breaking out, stagflation odds are rising, the job market is weakening, and recession risk is increasing. Higher yields and slowing growth are typically negative for QQQ’s high-duration tech holdings. Treasury Rates Are Breaking Out Of A Multi-Year Consolidation
• Negative Sentiment: Additional bearish commentary flagged “market bloodshed,” a Hindenburg Omen warning sign, and an overextended rally due for correction, all of which reinforce risk-off sentiment toward QQQ. The New Fed Chair’s Balance Sheet Erasure And Market Bloodshed

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.