Leo Wealth LLC Acquires 3,011 Shares of Invesco QQQ $QQQ

Leo Wealth LLC bought a new position in shares of Invesco QQQ (NASDAQ:QQQ) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 3,011 shares of the exchange traded fund’s stock, valued at approximately $2,228,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Davidson Kahn Capital Management LLC increased its stake in Invesco QQQ by 2.3% during the 3rd quarter. Davidson Kahn Capital Management LLC now owns 26,769 shares of the exchange traded fund’s stock worth $19,803,000 after buying an additional 609 shares during the period. Level Wealth Management LLC lifted its holdings in Invesco QQQ by 33.3% during the 3rd quarter. Level Wealth Management LLC now owns 416 shares of the exchange traded fund’s stock worth $308,000 after buying an additional 104 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its holdings in Invesco QQQ by 0.4% during the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 6,122 shares of the exchange traded fund’s stock worth $4,529,000 after buying an additional 25 shares in the last quarter. Townsend & Associates Inc lifted its holdings in Invesco QQQ by 4.4% during the 3rd quarter. Townsend & Associates Inc now owns 476 shares of the exchange traded fund’s stock worth $338,000 after buying an additional 20 shares in the last quarter. Finally, Aries Wealth Management boosted its position in Invesco QQQ by 4.7% in the 3rd quarter. Aries Wealth Management now owns 4,019 shares of the exchange traded fund’s stock valued at $2,973,000 after buying an additional 181 shares during the period. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

Shares of QQQ stock opened at $721.25 on Wednesday. The firm has a 50 day moving average of $725.26 and a two-hundred day moving average of $677.73. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $762.86.

Invesco QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Stockholders 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 Headlines Impacting Invesco QQQ

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

• Positive Sentiment: Broad-market ETFs advanced as U.S. stocks rose, providing a favorable backdrop for QQQ’s large-cap technology holdings. Expectations for strong results from major technology companies and a potentially patient Federal Reserve also supported risk appetite. Exchange-Traded Funds Higher as US Equities Rise After Midday
• Positive Sentiment: QQQ added NVIDIA and Apple to its portfolio in an October 23 transaction, reinforcing exposure to two of the market’s most influential technology and artificial-intelligence companies. Continued strength in these mega-cap names can have an outsized effect on the fund’s performance. INVESCO QQQ Adds NVIDIA and Apple
• Positive Sentiment: Invesco Ltd. announced a $1.5 billion preferred-stock repurchase and reported third-quarter results. The transaction is expected to reduce preferred-share claims and lift the sponsor’s future earnings per share, which could modestly improve sentiment toward Invesco, although it does not directly change QQQ’s holdings or net asset value. Invesco Reports Q3 Results and Announces Preferred Repurchase
• Neutral Sentiment: QQQ reportedly sold approximately $14.3 million of NVIDIA shares. This appears to reflect routine portfolio rebalancing rather than a fundamental change in the fund’s technology or AI exposure. QQQ Sells More NVIDIA
• Neutral Sentiment: Articles comparing QQQ with other technology and broad-market ETFs highlighted its higher-growth, more concentrated profile. That positioning may benefit QQQ during technology-led rallies but exposes it to greater volatility than diversified alternatives. VGT vs. QQQ
• Negative Sentiment: Some market commentary warned that technology’s risk premium is rising and that AI-related enthusiasm could face pressure if earnings fail to meet elevated expectations. This creates downside risk for QQQ because of its heavy concentration in large technology companies. Tech Risk Premium Rising Ahead of Key Earnings

About Invesco QQQ

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.