Cowa LLC has acquired a new position in Invesco QQQ (NASDAQ: QQQ), investing approximately $676,000 in the third quarter of 2023. This investment involved the purchase of 1,126 shares of the exchange-traded fund (ETF), according to the company’s recent disclosure with the U.S. Securities and Exchange Commission (SEC). The move reflects a growing trend among institutional investors seeking to capitalize on opportunities within the technology sector.
In addition to Cowa LLC’s investment, several other significant investors have made moves in Invesco QQQ. 1832 Asset Management L.P. increased its stake by 100% during the second quarter, now holding 2,115 shares worth approximately $1,167,000 after acquiring an additional 40,999,982 shares. Symphony Financial Ltd. Co. also entered the fray, purchasing a new position valued at $1,236,482,000 during the same period.
HRT Financial LP expanded its position in Invesco QQQ by 118.3%, resulting in ownership of 3,145,578 shares valued at $1,735,226,000. Meanwhile, JPMorgan Chase & Co. lifted its holdings by 42.4%, now owning 4,895,265 shares worth $2,700,424,000 after acquiring an additional 1,457,109 shares in the last quarter. Kensington Asset Management LLC saw a remarkable increase of 2,124.5% in its position, now holding 366,881 shares valued at $202,386,000 following the addition of 350,388 shares.
Institutional investors collectively own approximately 44.58% of Invesco QQQ, underscoring the ETF’s appeal in the current market climate.
Market Sentiment and Performance
Recent market commentary indicates a positive sentiment towards the Nasdaq-100, with analysts suggesting it remains a “must-own” for long-term investors despite a modest year-to-date pullback. This sentiment has contributed to continued inflows into QQQ as a core technology investment.
Analysis comparing technology-focused ETFs, including VGT, XLK, and QQQ, highlights these funds as effective means to engage with the evolving AI landscape. Investors are increasingly attracted to QQQ for broad exposure to technology without the associated risks of individual stocks.
Conversely, there are signs of caution as market dynamics shift. Commentary suggests that Wall Street strategies must adapt to changing conditions, indicating a structural evolution rather than immediate trading signals. This creates a watch-list scenario for portfolio positioning.
Investors are also grappling with negative sentiment, as pre-market updates showed QQQ trading lower amid immediate selling pressure and risk-averse flows. Recent reports regarding tariffs have heightened concern that new or shifting policies could adversely affect technology supply chains, impacting indexes like the Nasdaq-100 more than broader market ETFs.
Invesco QQQ Stock and Dividend Update
As of February 23, 2026, Invesco QQQ opened at $601.41, with a 52-week low of $402.39 and a high of $637.01. The ETF’s 50-day simple moving average stands at $616.22, while the 200-day simple moving average is $605.73.
Invesco QQQ has also recently increased its quarterly dividend to $0.7941 per share, paid on December 31, 2023. This adjustment marks an increase from the previous quarterly dividend of $0.69, reflecting a strong commitment to returning value to shareholders. The annualized dividend now stands at $3.18, representing a yield of 0.5%.
About Invesco QQQ, it is a unit investment trust that issues securities known as Nasdaq-100 Index Tracking Stock. Its primary objective is to provide investment results closely aligned with the performance of the Nasdaq-100 Index, allowing investors to purchase units representing undivided interests in the portfolio of securities held by the Trust.
As the market continues to evolve, developments concerning Invesco QQQ will be closely monitored by investors and analysts alike.
