Williams & Novak LLC Increases Stake in Invesco QQQ $QQQ

Williams & Novak LLC increased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 55.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,015 shares of the exchange traded fund’s stock after buying an additional 1,438 shares during the period. Invesco QQQ comprises 1.9% of Williams & Novak LLC’s investment portfolio, making the stock its 13th largest holding. Williams & Novak LLC’s holdings in Invesco QQQ were worth $2,466,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Triton Wealth Management PLLC increased its stake in Invesco QQQ by 28.0% during the 4th quarter. Triton Wealth Management PLLC now owns 41,906 shares of the exchange traded fund’s stock worth $25,743,000 after buying an additional 9,163 shares during the period. Trevian Wealth Management LLC purchased a new stake in Invesco QQQ during the 4th quarter worth approximately $370,000. Avantax Planning Partners Inc. increased its stake in Invesco QQQ by 2.5% during the 4th quarter. Avantax Planning Partners Inc. now owns 12,017 shares of the exchange traded fund’s stock worth $7,382,000 after buying an additional 288 shares during the period. Petix & Botte Co increased its stake in Invesco QQQ by 0.6% during the 4th quarter. Petix & Botte Co now owns 14,038 shares of the exchange traded fund’s stock worth $8,624,000 after buying an additional 85 shares during the period. Finally, Berman McAleer LLC increased its stake in Invesco QQQ by 4.2% during the 4th quarter. Berman McAleer LLC now owns 574 shares of the exchange traded fund’s stock worth $353,000 after buying an additional 23 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.

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 Stock Up 0.7%

Shares of QQQ opened at $719.79 on Friday. Invesco QQQ has a fifty-two week low of $505.58 and a fifty-two week high of $722.03. The firm’s 50 day moving average price is $626.42 and its 200 day moving average price is $619.64.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors 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 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.