8,866 Invesco QQQ $QQQ Shares Sold by Cresta Advisors Ltd.

Cresta Advisors Ltd. lessened its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 45.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,614 shares of the exchange traded fund’s stock after selling 8,866 shares during the quarter. Invesco QQQ makes up about 3.8% of Cresta Advisors Ltd.’s portfolio, making the stock its 8th biggest holding. Cresta Advisors Ltd.’s holdings in Invesco QQQ were worth $7,852,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Flatrock Wealth Partners LLC acquired a new position in Invesco QQQ in the 1st quarter valued at about $924,000. Hegarty Advisors LLC purchased a new stake in shares of Invesco QQQ in the 1st quarter valued at approximately $2,212,000. Ascension Capital Advisors Inc. increased its holdings in shares of 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 buying an additional 2,678 shares during the last quarter. Financial Insights Inc. increased its holdings 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 worth $21,938,000 after buying an additional 1,901 shares during the last quarter. Finally, First Bancorp Inc ME acquired a new stake in shares of Invesco QQQ during the 2nd quarter worth approximately $677,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.3%

QQQ stock opened at $743.57 on Wednesday. The firm’s 50 day moving average price is $726.45 and its 200-day moving average price is $701.01. Invesco QQQ has a one year low of $555.60 and a one year high of $762.86.

Invesco QQQ Cuts Dividend

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

More Invesco QQQ News

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

• Positive Sentiment: Improving market conditions, including lower volatility and a reprieve in oil prices and Treasury yields, helped support risk assets heading into earnings season. Strong software performance and gains in social-media stocks also provided some positive read-through for QQQ’s technology-heavy portfolio. Volatilities Fall On Oil/Yield Reprieve As The S&P Rallies Into Earnings Season
• Positive Sentiment: Invesco continues promoting QQQ as a leading Nasdaq-100 investment ecosystem, which may support long-term investor interest despite short-term volatility. Brian Hartigan on Why Invesco’s QQQ Suite Stands Out Among Competitors
• Neutral Sentiment: Trading activity was lighter during the Columbus Day session, which can amplify daily moves and makes the latest decline less conclusive as a signal of changing investor conviction. Low Volume Marks Columbus Day Session
• Neutral Sentiment: Articles comparing QQQ with VOO emphasize the trade-off between QQQ’s concentrated growth and technology exposure and VOO’s broader S&P 500 diversification. The comparison is relevant to long-term allocation decisions but is not a direct trading catalyst. QQQ vs VOO | Comparing NASDAQ-100 and S&P 500
• Negative Sentiment: QQQ remained under pressure after U.S. equities weakened broadly, extending the prior session’s decline. The ETF’s high exposure to growth stocks leaves it particularly sensitive to interest-rate expectations, earnings positioning and profit-taking in megacap technology. QQQ ETF Remains Under Pressure on Tuesday
• Negative Sentiment: Investors remain concerned about elevated Magnificent Seven valuations, rising artificial-intelligence capital spending and potential bubble risks ahead of third-quarter earnings, factors that could increase volatility for QQQ. Guide to Magnificent Seven ETF Investing

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.