Invesco QQQ $QQQ Stock Sold by Gouws Capital LLC

Gouws Capital LLC reduced its stake in Invesco QQQ (NASDAQ:QQQ) by 2.3% during the third quarter, HoldingsChannel.com reports. The fund owned 32,340 shares of the exchange traded fund’s stock after selling 748 shares during the quarter. Invesco QQQ comprises approximately 11.6% of Gouws Capital LLC’s holdings, making the stock its biggest position. Gouws Capital LLC’s holdings in Invesco QQQ were worth $23,924,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Gerald Baker Financial Group LLC raised its stake in Invesco QQQ by 1.5% during the third quarter. Gerald Baker Financial Group LLC now owns 25,152 shares of the exchange traded fund’s stock valued at $18,607,000 after purchasing an additional 380 shares in the last quarter. Vilga Financial Planning LLC boosted its position in shares of Invesco QQQ by 41.0% during the third quarter. Vilga Financial Planning LLC now owns 392 shares of the exchange traded fund’s stock valued at $290,000 after buying an additional 114 shares during the period. Breakwater Capital Group boosted its holdings in Invesco QQQ by 19.6% during the 3rd quarter. Breakwater Capital Group now owns 3,761 shares of the exchange traded fund’s stock valued at $2,782,000 after acquiring an additional 616 shares during the period. Chapin Davis Inc. boosted its stake in shares of Invesco QQQ by 0.5% during the third quarter. Chapin Davis Inc. now owns 4,294 shares of the exchange traded fund’s stock valued at $3,177,000 after purchasing an additional 20 shares during the period. Finally, Post Resch Tallon Group Inc. grew its stake in Invesco QQQ by 12.3% in the 3rd quarter. Post Resch Tallon Group Inc. now owns 12,830 shares of the exchange traded fund’s stock worth $9,492,000 after acquiring an additional 1,404 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.3%

NASDAQ:QQQ traded up $2.55 during midday trading on Friday, hitting $750.13. The stock had a trading volume of 12,116,975 shares, compared to its average volume of 48,058,094. Invesco QQQ has a one year low of $555.60 and a one year high of $762.86. The stock has a 50-day moving average of $723.87 and a 200 day moving average of $697.62.

Invesco QQQ Cuts Dividend

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

More Invesco QQQ News

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

• Positive Sentiment: Nasdaq momentum remains favorable for QQQ: AI stocks and other technology leaders continue to drive the market, keeping technology and semiconductor ETFs in focus. ETFs to Benefit as Nasdaq’s Breakthrough Still Matters
• Positive Sentiment: The Magnificent Seven remain market leaders, supporting QQQ’s concentrated exposure to major technology companies. The ETF format may also appeal to investors seeking diversification amid concerns about individual-stock risk. Guide to Magnificent Seven ETF Investing
• Neutral Sentiment: Institutional buying provided a modest confidence signal, with Winebrenner Capital Management increasing its QQQ holdings by 738 shares, or 25.9%, in its latest filing. Winebrenner Capital Management LLC Buys Shares of Invesco QQQ
• Negative Sentiment: QQQ faces a structural fee disadvantage versus Invesco’s lower-cost ETF tracking the same index and holding the same portfolio. This could encourage long-term investors to redirect contributions away from QQQ. Why Investors Are Switching From QQQ to a Lower-Fee Alternative
• Negative Sentiment: Higher Treasury yields and expectations for additional Federal Reserve tightening raise the discount rate applied to high-growth technology stocks, creating a valuation headwind for QQQ. Fed Minutes Signal More Tightening
• Negative Sentiment: Analysts are warning that elevated AI spending, aggressive valuations and possible accounting or off-balance-sheet risks could expose QQQ to a sharper correction if the AI trade loses momentum. Is the AI Bubble Really About to Burst?

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.