14,693 Invesco QQQ $QQQ Shares Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC increased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 10.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 153,385 shares of the exchange traded fund’s stock after buying an additional 14,693 shares during the quarter. Invesco QQQ comprises approximately 0.3% of Nisa Investment Advisors LLC’s holdings, making the stock its 26th largest position. Nisa Investment Advisors LLC’s holdings in Invesco QQQ were worth $113,561,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in QQQ. Parvin Asset Management LLC bought a new stake in Invesco QQQ in the first quarter valued at $28,000. High Point Wealth Management LLC grew its position in shares of Invesco QQQ by 68.0% during the second quarter. High Point Wealth Management LLC now owns 42 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 17 shares during the last quarter. Financial Management Professionals Inc. grew its position in shares of Invesco QQQ by 83.3% during the second quarter. Financial Management Professionals Inc. now owns 55 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 25 shares during the last quarter. Bullseye Investment Management LLC acquired a new stake in shares of Invesco QQQ in the 2nd quarter worth about $44,000. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its position in Invesco QQQ by 146.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 111 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 66 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $725.20 on Thursday. The firm has a 50-day moving average price of $726.65 and a two-hundred day moving average price of $707.26. Invesco QQQ has a 52-week low of $555.60 and a 52-week high of $762.86.

Invesco QQQ Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Monday, September 21st were paid a $0.7514 dividend. The ex-dividend date was Monday, September 21st. This is a decrease from Invesco QQQ’s previous quarterly dividend of $0.8135. This represents a $3.01 annualized dividend and a dividend yield of 0.4%.

Key Invesco QQQ News

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

• Positive Sentiment: QQQ’s exposure to NVIDIA is a key potential support, with the semiconductor giant identified as the leading purchase in recent fund activity. Continued investor demand for AI infrastructure stocks could lift the ETF. What Invesco QQQ Bought: NVIDIA Leads on Oct. 19
• Positive Sentiment: Technology futures rose, supporting QQQ, as strong results from SpaceX boosted enthusiasm for growth and technology shares. Upcoming Meta and Tesla earnings could provide additional catalysts because both companies are major Nasdaq-100 holdings. Stock Market Today: Tech Futures Rise With SpaceX Earnings
• Positive Sentiment: Broad U.S. equities advanced in midday trading, indicating that buying interest extended beyond a narrow group of technology names and provided a supportive backdrop for QQQ. Exchange-Traded Funds Gain as US Equities Advance After Midday
• Neutral Sentiment: Recent reports describe choppy trading and an uneven market response to higher rates. This leaves QQQ sensitive to bond yields: stable or falling yields would help, while further rate increases could pressure its growth-oriented holdings. Market’s Uneven Response To Higher Rates
• Negative Sentiment: Several commentaries warn that AI valuations may represent a bubble or the late stage of a boom. Such concerns could trigger profit-taking in highly valued QQQ constituents, particularly AI-related chip and cloud companies. Ken Griffin: There Are “Almost Certainly Bubbles” in AI Right Now
• Negative Sentiment: Credit concerns surrounding AI infrastructure companies, including debt risks highlighted for CoreWeave, add to worries that aggressive AI spending may not generate adequate returns. This could weigh indirectly on QQQ’s broader AI trade. CoreWeave Falls as HSBC Reiterates Bearish Call on Debt Risk

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.