Invesco QQQ $QQQ Shares Purchased by Summit Asset Management LLC

Summit Asset Management LLC raised its stake in Invesco QQQ (NASDAQ:QQQ) by 31.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,922 shares of the exchange traded fund’s stock after buying an additional 1,171 shares during the quarter. Summit Asset Management LLC’s holdings in Invesco QQQ were worth $2,955,000 at the end of the most recent quarter.

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

Invesco QQQ News Roundup

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

• Positive Sentiment: Analyst note arguing AI downside risks may be overstated — reduces the probability of a deep AI-driven tech selloff and supports continued interest in heavy-tech ETFs like QQQ. 10th Man Report
• Neutral Sentiment: Premarket update showed only a small premarket dip (-0.19%), suggesting limited directional conviction from overnight flows. TipRanks Daily Update
• Neutral Sentiment: ETF comparisons highlight that QQQ offers higher growth exposure than broad-market ETFs (VOO/SPY) but with higher expense and greater drawdown risk — relevant for asset-allocation flows but not an immediate catalyst. VOO vs QQQ
• Neutral Sentiment: Monthly macro/technical pieces point to mixed signals for risk assets — these shape weekly volatility expectations but do not single-handedly move QQQ. Monthly Macro Monitor
• Negative Sentiment: Valuation and cash-flow concerns flagged for QQQ constituents: Invesco literature cites ~41.5x earnings; analysts warn AI capex is pressuring free cash flow and extended GPU depreciation may overstate reported earnings — raises risk of earnings disappointments for large-cap tech names. QQQ: Bitcoin Says To Expect Volatility
• Negative Sentiment: Market-focused pieces warn of a liquidity drain and event risks that could trigger short-term volatility — a headwind for concentrated, growth-oriented ETFs like QQQ. Liquidity Drain And Event Risk
• Negative Sentiment: Parent Invesco reporting swings to a loss may weigh on confidence in the firm and raise scrutiny of fund economics, a minor reputational risk for QQQ flows. Invesco Swings To Loss

Invesco QQQ Stock Up 0.8%

Shares of NASDAQ:QQQ opened at $614.51 on Tuesday. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01. The firm’s 50 day moving average price is $619.64 and its 200 day moving average price is $602.91.

Invesco QQQ Increases Dividend

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

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.