Invesco QQQ $QQQ Shares Bought by Provenance Wealth Advisors LLC

Provenance Wealth Advisors LLC raised its position in shares of Invesco QQQ (NASDAQ:QQQ) by 17.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,648 shares of the exchange traded fund’s stock after buying an additional 1,755 shares during the quarter. Invesco QQQ comprises 0.5% of Provenance Wealth Advisors LLC’s portfolio, making the stock its 28th biggest holding. Provenance Wealth Advisors LLC’s holdings in Invesco QQQ were worth $8,617,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Flatrock Wealth Partners LLC bought a new stake in Invesco QQQ during the first quarter worth approximately $924,000. Hegarty Advisors LLC bought a new stake in shares of Invesco QQQ in the 1st quarter valued at approximately $2,212,000. Dixon Fnancial Services Inc. boosted its holdings in shares of Invesco QQQ by 119.9% in the 3rd quarter. Dixon Fnancial Services Inc. now owns 1,834 shares of the exchange traded fund’s stock worth $1,357,000 after purchasing an additional 1,000 shares during the period. Ascension Capital Advisors Inc. boosted its holdings in shares of Invesco QQQ by 643.8% in the 1st quarter. Ascension Capital Advisors Inc. now owns 3,094 shares of the exchange traded fund’s stock worth $1,786,000 after purchasing an additional 2,678 shares during the period. Finally, Financial Insights Inc. increased its position 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 valued at $21,938,000 after purchasing an additional 1,901 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $685.28 on Wednesday. The business’s 50 day moving average price is $723.93 and its 200-day moving average price is $679.61. Invesco QQQ has a fifty-two week low of $555.60 and a fifty-two week high of $762.86.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Monday, September 21st were paid a dividend of $0.7514 per share. The ex-dividend date of this dividend 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%.

Key Stories Impacting Invesco QQQ

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

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.