Invesco QQQ $QQQ Stock Holdings Lessened by Lighthouse Financial LLC

Lighthouse Financial LLC decreased its position in Invesco QQQ (NASDAQ:QQQ) by 20.1% during the third quarter, Holdings Channel.com reports. The fund owned 13,752 shares of the exchange traded fund’s stock after selling 3,456 shares during the quarter. Invesco QQQ accounts for approximately 4.6% of Lighthouse Financial LLC’s investment portfolio, making the stock its 3rd largest position. Lighthouse Financial LLC’s holdings in Invesco QQQ were worth $10,173,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Gibson Capital LLC lifted its holdings in Invesco QQQ by 615.1% in the 3rd quarter. Gibson Capital LLC now owns 7,459 shares of the exchange traded fund’s stock worth $5,518,000 after buying an additional 6,416 shares during the period. Outfitters Financial LLC grew its position in shares of Invesco QQQ by 2.4% in the 3rd quarter. Outfitters Financial LLC now owns 3,919 shares of the exchange traded fund’s stock worth $2,899,000 after buying an additional 92 shares during the last quarter. Towercrest Capital Management increased its stake in shares of Invesco QQQ by 0.8% during the third quarter. Towercrest Capital Management now owns 2,608 shares of the exchange traded fund’s stock valued at $1,929,000 after buying an additional 20 shares during the period. Capital Investment Advisors LLC increased its stake in shares of Invesco QQQ by 6.3% during the third quarter. Capital Investment Advisors LLC now owns 29,397 shares of the exchange traded fund’s stock valued at $21,747,000 after buying an additional 1,735 shares during the period. Finally, Beaumont Financial Advisors LLC increased its stake in shares of Invesco QQQ by 2.3% during the third quarter. Beaumont Financial Advisors LLC now owns 3,777 shares of the exchange traded fund’s stock valued at $2,794,000 after buying an additional 84 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $704.40 on Monday. The business has a 50 day moving average of $725.57 and a 200 day moving average of $708.91. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $762.86.

Invesco QQQ Cuts Dividend

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

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 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.