Invesco QQQ $QQQ Stock: Total Clarity Wealth Management Inc. Raises Holdings

Total Clarity Wealth Management Inc. boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 66.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,600 shares of the exchange traded fund’s stock after buying an additional 1,434 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Invesco QQQ were worth $2,664,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Flatrock Wealth Partners LLC purchased a new stake in Invesco QQQ in the first quarter valued at $924,000. Hegarty Advisors LLC acquired a new stake in Invesco QQQ during the 1st quarter worth about $2,212,000. Dixon Fnancial Services Inc. grew its position in Invesco QQQ by 119.9% during the 3rd quarter. Dixon Fnancial Services Inc. now owns 1,834 shares of the exchange traded fund’s stock worth $1,357,000 after purchasing an additional 1,000 shares during the period. Ascension Capital Advisors Inc. grew its position in Invesco QQQ by 643.8% during the 1st quarter. Ascension Capital Advisors Inc. now owns 3,094 shares of the exchange traded fund’s stock worth $1,786,000 after purchasing an additional 2,678 shares during the period. Finally, Financial Insights Inc. raised its stake in shares of Invesco QQQ by 6.8% during the 2nd quarter. Financial Insights Inc. now owns 29,790 shares of the exchange traded fund’s stock valued at $21,938,000 after buying an additional 1,901 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

More Invesco QQQ News

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

  • Positive Sentiment: QQQ benefited from a second consecutive advance in the Nasdaq, supported by continued enthusiasm for technology and artificial-intelligence stocks. Nasdaq Advances For Second Straight Day
  • Positive Sentiment: Anthropic-related optimism provided a lift for the broader technology sector, reinforcing demand for QQQ’s large-cap technology holdings. Anthropic Gives The Tech Sector A Much-Needed Lift
  • Positive Sentiment: QQQ added NVIDIA and Apple shares in a recent portfolio update, increasing exposure to two major artificial-intelligence and technology leaders. INVESCO QQQ Adds NVIDIA and Apple
  • Neutral Sentiment: QQQ sold approximately $359.1 million of NVIDIA shares on October 26. The transaction may reflect routine index rebalancing or position management rather than a change in the fund’s long-term outlook. Invesco QQQ Sells NVIDIA
  • Neutral Sentiment: Market leadership was mixed, with some broad equity ETFs rising while others declined, suggesting investors remain selective ahead of the Fed announcement. Exchange-Traded Funds, US Equities Mixed After Midday
  • Negative Sentiment: Rising Treasury yields, persistent inflation concerns, deficit spending and heavy AI-related borrowing could compress the elevated valuations of QQQ’s growth-oriented holdings. QQQ market information
  • Negative Sentiment: Uncertainty surrounding the Fed’s rate decision and comments from policymakers is encouraging caution, while strong economic growth could make near-term rate cuts less likely. Will Robust Q3 GDP Growth Complicate The Inflation Outlook?

Invesco QQQ Trading Up 0.6%

NASDAQ QQQ opened at $725.61 on Thursday. The stock has a 50-day simple moving average of $725.42 and a two-hundred day simple moving average of $678.25. Invesco QQQ has a fifty-two week low of $555.60 and a fifty-two week high of $762.86.

Invesco QQQ Cuts Dividend

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

Invesco QQQ Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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