Invesco QQQ $QQQ Stock Holdings Trimmed by GenWealth Group Inc.

GenWealth Group Inc. trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 4.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,064 shares of the exchange traded fund’s stock after selling 1,811 shares during the period. Invesco QQQ accounts for about 4.8% of GenWealth Group Inc.’s holdings, making the stock its 6th largest holding. GenWealth Group Inc.’s holdings in Invesco QQQ were worth $30,378,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in QQQ. Cyndeo Wealth Partners LLC increased its stake in Invesco QQQ by 6.9% in the third quarter. Cyndeo Wealth Partners LLC now owns 8,046 shares of the exchange traded fund’s stock valued at $5,952,000 after purchasing an additional 522 shares during the last quarter. Eagle Bay Advisors LLC lifted its position in shares of Invesco QQQ by 2.7% during the 3rd quarter. Eagle Bay Advisors LLC now owns 1,312 shares of the exchange traded fund’s stock worth $972,000 after buying an additional 35 shares during the last quarter. Selective Wealth Management Inc. lifted its position in shares of Invesco QQQ by 0.9% during the 3rd quarter. Selective Wealth Management Inc. now owns 4,326 shares of the exchange traded fund’s stock worth $3,149,000 after buying an additional 39 shares during the last quarter. Aspiriant LLC lifted its position in shares of Invesco QQQ by 3.0% during the 3rd quarter. Aspiriant LLC now owns 9,224 shares of the exchange traded fund’s stock worth $6,824,000 after buying an additional 267 shares during the last quarter. Finally, Perryman Financial Advisory Inc. AD boosted its holdings in shares of Invesco QQQ by 1.1% in the 3rd quarter. Perryman Financial Advisory Inc. AD now owns 3,733 shares of the exchange traded fund’s stock valued at $2,761,000 after buying an additional 40 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ News Roundup

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

• Positive Sentiment: Some analysts argue that the recent market washout could set the stage for a year-end rally, while a recession is not yet viewed as the base case. This provides a potential recovery catalyst for QQQ’s growth-oriented holdings. Why This Market Washout Will Spark a Year-End Rally
• Positive Sentiment: September inflation was elevated, but commentary continues to suggest that an October Federal Reserve rate hike is unlikely. Avoiding an immediate rate increase could support valuations for technology shares. September CPI: Sticky Inflation, But An October Hike Remains Unlikely
• Neutral Sentiment: QQQ reportedly sold NVIDIA and Apple shares on October 14. The transactions may reflect routine index rebalancing or portfolio-weight changes, but they highlight the fund’s sensitivity to movements in its largest technology holdings. Invesco QQQ Trust Sells NVIDIA and Apple
• Neutral Sentiment: QQQ excludes banks and other financial companies because the Nasdaq-100 prohibits financial firms. That creates concentrated exposure to technology and communications stocks, rather than providing broad-sector diversification. Invesco QQQ Doesn’t Own a Single Bank
• Negative Sentiment: U.S. equities and exchange-traded funds weakened during the session, following a sharp overseas selloff. Because QQQ tracks large Nasdaq-listed companies, broad risk reduction is directly pressuring the fund. Exchange-Traded Funds Drop as US Equities Fall
• Negative Sentiment: Investor concerns include a potential liquidity drain, rising Treasury yields, midterm-election volatility, and an AI-related credit squeeze. These factors can weigh disproportionately on QQQ’s high-valuation growth holdings. A Massive Liquidity Drain Is About To Hit The Market
• Negative Sentiment: Analysts are warning that AI enthusiasm may represent several bubbles vulnerable to bursting. A correction in AI leaders such as NVIDIA could have an outsized impact on QQQ. AI Bubble: Three Bubbles Ready to Burst
• Negative Sentiment: QQQ’s failed breakout, weak market breadth, and rotation into utilities, consumer staples, and energy suggest that investors are moving away from growth and technology stocks. Failed Breakout in Tech

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $709.80 on Friday. The company has a fifty day simple moving average of $726.69 and a 200-day simple moving average of $703.31. Invesco QQQ has a 12-month low of $555.60 and a 12-month 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 given a $0.7514 dividend. This represents a $3.01 dividend on an annualized basis and a yield of 0.4%. This is a drop from Invesco QQQ’s previous quarterly dividend of $0.8135. The ex-dividend date of this dividend was Monday, September 21st.

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.