Invesco QQQ $QQQ Stock Acquired by Sepio Capital LP

Sepio Capital LP increased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 132.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,736 shares of the exchange traded fund’s stock after acquiring an additional 28,347 shares during the period. Invesco QQQ makes up about 1.5% of Sepio Capital LP’s investment portfolio, making the stock its 11th largest position. Sepio Capital LP’s holdings in Invesco QQQ were worth $36,793,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Flatrock Wealth Partners LLC acquired a new stake in shares of Invesco QQQ during the first quarter worth $924,000. Hegarty Advisors LLC purchased a new stake in shares of Invesco QQQ during the first quarter valued at $2,212,000. Ascension Capital Advisors Inc. lifted its holdings in shares of Invesco QQQ by 643.8% during the first 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. boosted its position 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 period. Finally, First Bancorp Inc ME acquired a new position in shares of Invesco QQQ in the 2nd quarter valued at $677,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Invesco QQQ

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 Trading Down 0.0%

NASDAQ:QQQ opened at $704.40 on Friday. The stock has a fifty day simple moving average of $725.57 and a 200 day simple moving average of $708.07. Invesco QQQ has a 1-year low of $555.60 and a 1-year high of $762.86.

Invesco QQQ Cuts Dividend

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

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.