Invesco QQQ $QQQ Stock Sold by Dupree Financial Group LLC

Dupree Financial Group LLC lessened its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 93.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 447 shares of the exchange traded fund’s stock after selling 6,087 shares during the period. Dupree Financial Group LLC’s holdings in Invesco QQQ were worth $331,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Taylor & Morgan Wealth Management LLC lifted its stake in shares of Invesco QQQ by 4.8% in the third quarter. Taylor & Morgan Wealth Management LLC now owns 8,718 shares of the exchange traded fund’s stock worth $6,449,000 after buying an additional 396 shares during the last quarter. Marquette Asset Management LLC grew its stake in Invesco QQQ by 15.7% in the 3rd quarter. Marquette Asset Management LLC now owns 1,728 shares of the exchange traded fund’s stock valued at $1,278,000 after buying an additional 235 shares during the last quarter. Friday Financial grew its stake in Invesco QQQ by 1.6% in the 3rd quarter. Friday Financial now owns 4,028 shares of the exchange traded fund’s stock valued at $2,989,000 after buying an additional 62 shares during the last quarter. Davidson Trust Co. raised its holdings in Invesco QQQ by 14.9% in the 3rd quarter. Davidson Trust Co. now owns 340 shares of the exchange traded fund’s stock worth $252,000 after acquiring an additional 44 shares during the period. Finally, Mirador Capital Partners LP raised its holdings in Invesco QQQ by 4.1% in the 3rd quarter. Mirador Capital Partners LP now owns 5,421 shares of the exchange traded fund’s stock worth $4,011,000 after acquiring an additional 216 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $751.27 on Friday. Invesco QQQ has a fifty-two week low of $555.60 and a fifty-two week high of $762.86. The firm has a fifty day moving average price of $725.14 and a two-hundred day moving average price of $698.00.

Invesco QQQ Cuts Dividend

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

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: U.S. equities advanced after midday, providing a favorable backdrop for QQQ’s large technology holdings. Nasdaq strength and AI-led gains continue to support technology-focused ETFs. Exchange-Traded Funds Rise as US Equities Advance After Midday
• Positive Sentiment: A report highlighting ETFs benefiting from the Nasdaq’s breakout reinforces the bullish case for QQQ, as semiconductor and AI stocks remain key market leaders despite elevated Treasury yields. ETFs to Benefit as Nasdaq’s Breakthrough Still Matters
• Positive Sentiment: Winebrenner Capital Management increased its QQQ position by 738 shares, or 25.9%, a modest signal of institutional confidence. Winebrenner Capital Management LLC Buys 738 Shares of Invesco QQQ
• Neutral Sentiment: QQQ’s long-term performance remains strong, although comparisons show Vanguard Information Technology ETF (VGT) produced higher returns since ChatGPT’s launch. The difference reflects portfolio composition and risk, rather than a change in QQQ’s holdings. $10,000 in VGT the Day ChatGPT Launched Is Now $30,500
• Neutral Sentiment: Reported short interest was zero shares, implying no measurable short-selling pressure; however, the item’s description of a “significant increase” conflicts with the reported figure, limiting its usefulness as a trading signal.
• Negative Sentiment: Investors are switching from QQQ to a lower-fee fund tracking the same index, raising a potential long-term asset-gathering and fee-competition concern for Invesco. Why Buy-and-Hold Investors Are Switching From QQQ to This Lower-Fee Alternative
• Negative Sentiment: Warnings about potentially higher Treasury yields, additional Federal Reserve tightening, stretched AI valuations and bubble risk could pressure QQQ’s growth-stock holdings by increasing discount rates and reducing risk appetite. Fed Minutes Signal More Tightening Amid Mixed Inflation Data

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.