Capital Asset Advisory Services LLC trimmed its position in Invesco QQQ (NASDAQ:QQQ – Free Report) by 63.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,148 shares of the exchange traded fund’s stock after selling 3,688 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in Invesco QQQ were worth $1,339,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of QQQ. Clear Trail Advisors LLC bought a new position in shares of Invesco QQQ during the 4th quarter worth approximately $2,469,000. Murphy Middleton Hinkle & Parker Inc. increased its holdings in shares of Invesco QQQ by 694.4% during the 4th quarter. Murphy Middleton Hinkle & Parker Inc. now owns 16,818 shares of the exchange traded fund’s stock worth $10,331,000 after acquiring an additional 14,701 shares during the last quarter. Atlas Brown Inc. raised its stake in Invesco QQQ by 1.2% in the 4th quarter. Atlas Brown Inc. now owns 4,098 shares of the exchange traded fund’s stock valued at $2,518,000 after acquiring an additional 47 shares during the period. SG Americas Securities LLC raised its stake in Invesco QQQ by 120.2% in the 4th quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock valued at $131,292,000 after acquiring an additional 1,270,102 shares during the period. Finally, Cambridge Financial Group LLC lifted its holdings in Invesco QQQ by 57.8% during the 4th quarter. Cambridge Financial Group LLC now owns 4,032 shares of the exchange traded fund’s stock valued at $2,477,000 after purchasing an additional 1,477 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.
Invesco QQQ News Summary
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Diplomatic reports of a possible one-month ceasefire mechanism reduced near-term tail-risk and lifted risk assets earlier in the session — a constructive development for QQQ if it holds, as lower geopolitical risk favors tech and growth stocks. Witkoff and Kushner working on ceasefire mechanism, says report; stocks jump
- Positive Sentiment: Analyst and market pieces point to continued strong tech earnings and a bullish reward-to-risk setup for Nasdaq-linked ETFs — this supports the view that QQQ’s current weakness could be a buying opportunity if earnings momentum and AI demand persist. QQQ: Bullish Asymmetric Reward-to-Risk Here
- Neutral Sentiment: Invesco’s new equal-weight Nasdaq-100 ETF (QEW) launched recently — it provides an alternative to market-cap-weighted exposure and could modestly shift flows over time, but it’s too early to see material impact on QQQ’s tracking or liquidity. QEW ETF: Steady Start for Invesco’s New Equal-Weight Nasdaq-100 Fund in 2026
- Neutral Sentiment: Recent short-interest reports for QQQ in mid-to-late March appear to be data-errors (showing 0 shares / NaN increases); there’s no reliable evidence here of a new crowded short trade that would amplify moves. (Data note: treat short-interest entries as unreliable.)
- Neutral Sentiment: QQQ’s routine quarterly dividend was declared (small yield ~0.5%) — a predictable cash return that is unlikely to materially move the ETF’s price beyond the usual ex-dividend adjustment.
- Negative Sentiment: Geopolitical tensions (Iran war) have driven sector rotation into energy and away from growth/tech; articles highlighting market winners/losers show ETFs tied to energy outperforming while tech-linked ETFs like QQQ are under pressure. That macro/rotation backdrop is a headwind for QQQ near-term. Market Winners and Losers in the Iran War
- Negative Sentiment: Tech-led selling pushed Nasdaq futures and related ETFs lower in early trading, erasing a recent relief rally — momentum and sentiment weakness are the proximate reasons QQQ is down today. The Nasdaq Turns Negative For March 24th As Tech Sells Off Hard
- Negative Sentiment: Broad market jitters (oil bounce, bond/interest-rate concerns) compounded selling pressure; macro volatility increases the chance of further short-term swings in QQQ until clarity on geopolitics and rates returns. Stock Market Today: Dow Jones Index Drops After Rebound; Oil Prices Bounce (Live Coverage)
Invesco QQQ Stock Down 0.7%
Invesco QQQ Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 23rd will be paid a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is 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.
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