First Nebraska Trust Co purchased a new stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 20,406 shares of the exchange traded fund’s stock, valued at approximately $15,096,000. Invesco QQQ makes up 1.2% of First Nebraska Trust Co’s investment portfolio, making the stock its 20th biggest holding.
A number of other hedge funds and other institutional investors have also made changes to their positions in QQQ. GoalVest Advisory LLC grew its holdings in shares of Invesco QQQ by 20,256.6% during the third quarter. GoalVest Advisory LLC now owns 613,955 shares of the exchange traded fund’s stock valued at $454,185,000 after buying an additional 610,939 shares during the last quarter. Corient Private Wealth LP increased its position in shares of Invesco QQQ by 506.8% in the 2nd quarter. Corient Private Wealth LP now owns 545,270 shares of the exchange traded fund’s stock valued at $401,553,000 after acquiring an additional 455,412 shares during the period. Alaska Permanent Fund Corp purchased a new position in Invesco QQQ in the 2nd quarter worth $207,072,000. International Assets Investment Management LLC raised its stake in Invesco QQQ by 390.3% in the 3rd quarter. International Assets Investment Management LLC now owns 300,000 shares of the exchange traded fund’s stock worth $221,931,000 after acquiring an additional 238,814 shares during the last quarter. Finally, Senator Investment Group LP purchased a new position in Invesco QQQ in the 2nd quarter worth $157,221,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.
Invesco QQQ Stock Up 0.6%
Shares of QQQ opened at $685.28 on Wednesday. The stock has a 50-day moving average of $723.93 and a two-hundred day moving average of $679.61. Invesco QQQ has a one year low of $555.60 and a one year high of $762.86.
Invesco QQQ Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Monday, September 21st were paid 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 dividend yield of 0.4%.
Invesco QQQ News Roundup
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: There is a potential seasonal tailwind: historical analysis cited in this article found the S&P 500 rose from November through April in all 19 midterm-election years since 1950. The piece argues the period after the midterms could favor broad equity ETFs, including QQQ. Article: The Stock Market Has Boomed After the Last 19 Midterms
- Positive Sentiment: Another outlook frames the pullback as a possible entry point, citing seasonality and favorable risk-reward opportunities in core infrastructure stocks. This offers a counterpoint to concerns about AI valuations, though it does not establish that a rebound is imminent. Article: Q4 QQQ Roadmap: Navigating AI Turbulence & Market Headwinds
- Neutral Sentiment: U.S. equities were mixed after midday, with some broad-market ETFs higher. That suggests the weakness is concentrated in parts of the market rather than a uniform selloff, but provides no clear QQQ-specific catalyst. Article: Exchange-Traded Funds Higher, US Equities Mixed After Midday
- Negative Sentiment: The Nasdaq-100 has entered a technical correction, falling more than 10% from its October high. Reports point to investor worries about AI-sector growth and a sharp retreat in chip stocks—significant risks for QQQ given its heavy exposure to large technology companies. Article: Nasdaq 100 and QQQ have sunk into a correction
- Negative Sentiment: AI stocks reportedly lost substantial value over three weeks, while hedge funds reduced exposure to the sector. If that retreat continues, it could add selling pressure to QQQ’s growth-heavy holdings. Article: AI Stocks Lose $5 Trillion in 3 Weeks as Hedge Funds Go Underweight AI
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.
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