Invesco QQQ $QQQ Position Boosted by Jacksonville Wealth Management LLC

Jacksonville Wealth Management LLC increased its stake in Invesco QQQ (NASDAQ:QQQ) by 5.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,813 shares of the exchange traded fund’s stock after acquiring an additional 1,143 shares during the period. Invesco QQQ comprises about 9.2% of Jacksonville Wealth Management LLC’s holdings, making the stock its 3rd largest holding. Jacksonville Wealth Management LLC’s holdings in Invesco QQQ were worth $12,495,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Morgan Dempsey Capital Management LLC purchased a new position in shares of Invesco QQQ during the second quarter valued at approximately $30,000. Navigoe LLC lifted its position in shares of Invesco QQQ by 300.0% in the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 45 shares during the period. PayPay Securities Corp boosted its stake in shares of Invesco QQQ by 78.9% during the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 30 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Invesco QQQ during the third quarter valued at about $42,000. Finally, Moser Wealth Advisors LLC raised its stake in Invesco QQQ by 930.0% in the second quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock worth $57,000 after buying an additional 93 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ News Roundup

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

• Positive Sentiment: Large holders and sector fundamentals give upside potential — Activest increased its QQQ exposure, signaling institutional confidence in megacap names like Nvidia, Apple and Microsoft that dominate the ETF. QQQ ETF Holdings Increased by Activest as Nvidia, Apple, Microsoft Dominate
• Positive Sentiment: AI spending from hyperscalers could drive further gains in QQQ’s largest holdings and support the ETF’s performance into earnings season. Hyperscaler AI Spending Plans Could Chart Course for QQQ
• Positive Sentiment: Market positioning data (short selling and put buying) may be signaling a contrarian setup that supports a big?tech rally, which would help QQQ. Short Selling And Put Buying Point To Big Tech Rally
• Positive Sentiment: A softer U.S. dollar can favor U.S. growth stocks and ETFs like QQQ by boosting foreign demand for dollar?denominated equities. Dollar Index Hits 4-Year Low And Traditional Wisdom Can Mislead This Time
• Neutral Sentiment: Investor sentiment surveys show reduced pessimism, which supports risk assets but is not an immediate driver of flows. AAII Sentiment Survey: Pessimism Tumbles
• Neutral Sentiment: Education pieces on ETF strategy and market timing can encourage buy?and?hold behavior for products like QQQ over time, but have limited short?term price impact. This ETF Makes It Easy to Ditch Market Timing
• Neutral Sentiment: Coverage noting both bull and bear cases as QQQ tests new highs suggests heightened debate and potential for volatility rather than a clear directional catalyst. QQQ is reaching for a new high. 3 reasons each for bulls and bears to play it.
• Negative Sentiment: Joule Financial significantly reduced its reported stake in Invesco QQQ, a direct selling signal that can add downward pressure on the ETF, particularly if other holders follow. Joule Financial LLC Significantly Reduces Stake in Invesco QQQ: What It Means for Investors
• Negative Sentiment: The Fed’s decision to pause rate cuts raises uncertainty about the path of monetary policy; a less?accommodative outlook can weigh on high?multiple, growth?heavy ETFs like QQQ. Federal Reserve Puts Rate Cuts On Pause
• Negative Sentiment: Rising commodity strength could rekindle inflation and higher rates, which would be a headwind for growth stocks concentrated in QQQ. The Commodity Boom May Send Inflation And Rates Much Higher

Invesco QQQ Trading Down 1.2%

QQQ stock opened at $621.87 on Friday. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01. The business’s 50 day moving average price is $619.83 and its two-hundred day moving average price is $600.54.

Invesco QQQ Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were paid a $0.7941 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.69. This represents a $3.18 annualized dividend and a yield of 0.5%.

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.