Asset Allocation & Management Company LLC Boosts Stock Position in Invesco QQQ $QQQ

Asset Allocation & Management Company LLC lifted its stake in Invesco QQQ (NASDAQ:QQQ) by 59.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,534 shares of the exchange traded fund’s stock after purchasing an additional 1,312 shares during the quarter. Invesco QQQ comprises about 0.9% of Asset Allocation & Management Company LLC’s holdings, making the stock its 22nd largest holding. Asset Allocation & Management Company LLC’s holdings in Invesco QQQ were worth $2,107,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its stake in shares of Invesco QQQ by 15.0% in the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after purchasing an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Invesco QQQ by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after buying an additional 176 shares during the period. Jupiter Wealth Management LLC acquired a new position in Invesco QQQ in the second quarter valued at about $290,000. Pasadena Private Wealth LLC boosted its stake in Invesco QQQ by 90.6% during the second quarter. Pasadena Private Wealth LLC now owns 13,507 shares of the exchange traded fund’s stock worth $7,451,000 after buying an additional 6,420 shares during the period. Finally, Wealth Group Ltd. increased its position in shares of Invesco QQQ by 283.7% during the second quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock valued at $13,587,000 after acquiring an additional 18,210 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: Hyperscaler AI spending is highlighted as a potential catalyst for QQQ because big cloud/AI capex supports the ETF’s largest holdings and could drive revenue upside across mega-cap names. Hyperscaler AI Spending Plans Could Chart Course for QQQ
• Positive Sentiment: Upcoming mega-cap earnings (Microsoft, Meta, Tesla) are a near-term catalyst: beats or constructive AI/capex guidance could push QQQ toward a breakout given those stocks’ large ETF weights. Mega-Cap Earnings Could Decide the Tech Sector’s Next Big Move
• Positive Sentiment: Hedge-fund and analyst lists highlighting promising QQQ holdings can support inflows if conviction around leading names strengthens. 13 Most Promising QQQ Stocks According to Hedge Funds
• Neutral Sentiment: Investor sentiment surveys show falling pessimism, which is supportive for risk assets but doesn’t guarantee near-term flows into QQQ. AAII Sentiment Survey: Pessimism Tumbles
• Neutral Sentiment: Various market commentaries argue both for and against immediate upside — useful for framing risk but mixed for immediate price action. After A Wild Week, I Still See A Bull Market Ahead
• Negative Sentiment: The Federal Reserve signaled a pause on rate cuts and a wait-and-see FOMC stance, which increases the risk premium on long-duration growth names concentrated in QQQ. Federal Reserve Puts Rate Cuts On Pause
• Negative Sentiment: Rising commodity pressures and concerns that inflation (and long-term rates) could move higher would further pressure tech multiples that drive much of QQQ’s valuation. The Commodity Boom May Send Inflation And Rates Much Higher
• Negative Sentiment: Analyses warning of an AI valuation bubble and the Fed’s tougher policy outlook add downside risk if earnings/guidance disappoint. The Economics Of The AI Bubble

Invesco QQQ Stock Down 0.6%

NASDAQ:QQQ opened at $629.43 on Friday. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01. The company has a 50 day moving average price of $619.19 and a 200 day moving average price of $599.78.

Invesco QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were paid a dividend of $0.7941 per share. This represents a $3.18 dividend on an annualized basis and a yield of 0.5%. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date was Monday, December 22nd.

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.