Invesco QQQ $QQQ Shares Purchased by Signaturefd LLC

Signaturefd LLC grew its position in Invesco QQQ (NASDAQ:QQQ) by 9.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,707 shares of the exchange traded fund’s stock after buying an additional 965 shares during the quarter. Signaturefd LLC’s holdings in Invesco QQQ were worth $7,921,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Flatrock Wealth Partners LLC acquired a new stake in shares of Invesco QQQ in the 1st quarter valued at $924,000. Hegarty Advisors LLC bought a new position in shares of Invesco QQQ in the 1st quarter valued at $2,212,000. Ascension Capital Advisors Inc. increased its stake in shares of Invesco QQQ by 643.8% in the 1st quarter. Ascension Capital Advisors Inc. now owns 3,094 shares of the exchange traded fund’s stock valued at $1,786,000 after purchasing an additional 2,678 shares during the last quarter. Financial Insights Inc. increased its stake in shares of Invesco QQQ by 6.8% in the 2nd quarter. Financial Insights Inc. now owns 29,790 shares of the exchange traded fund’s stock valued at $21,938,000 after purchasing an additional 1,901 shares during the last quarter. Finally, First Bancorp Inc ME acquired a new position in shares of Invesco QQQ during the 2nd quarter worth $677,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $704.40 on Monday. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $762.86. The stock has a fifty day moving average of $725.57 and a 200-day moving average of $708.91.

Invesco QQQ Cuts Dividend

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

Invesco QQQ News Summary

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

• Positive Sentiment: Technology stocks had recently led a Nasdaq rebound, supporting QQQ as investors continued to favor major growth companies and AI-related leaders. Technology Stocks Pop, Lead Nasdaq Higher
• Positive Sentiment: QQQ was described as inching higher during Friday’s session, suggesting some dip-buying and stabilization after recent technology-sector volatility. Here’s Why the Invesco QQQ Trust ETF Is Inching Higher Today, October 23
• Neutral Sentiment: The launch of Tuttle Capital’s QQDH, an actively managed ETF using Nasdaq-100 exposure and options strategies, increases the range of competing Nasdaq-focused products but does not directly change QQQ’s holdings or fundamentals. Tuttle Capital Launches QQDH
• Neutral Sentiment: Invesco’s new international-innovator ETF, QQI, may broaden the company’s product lineup, though its higher costs and lower liquidity make it more of a complementary product than a direct replacement for QQQ. Invesco Launches QQI
• Negative Sentiment: Pre-market weakness in equity ETFs and renewed worries that massive AI capital expenditures may not generate adequate returns pressured growth-oriented funds such as QQQ. ETFs and Futures Lower Amid AI Spending Concerns
• Negative Sentiment: A recent technology sell-off and rotation into defensive stocks highlighted investor caution toward elevated technology valuations. Higher interest rates and credit-market concerns also remain headwinds for QQQ’s long-duration growth holdings. Tech Sell-Off Leads to Defensive Stocks

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.