1,340 Invesco QQQ $QQQ Shares Sold by Washburn Capital Management Inc.

Washburn Capital Management Inc. lowered its holdings in Invesco QQQ (NASDAQ:QQQ) by 3.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,202 shares of the exchange traded fund’s stock after selling 1,340 shares during the quarter. Invesco QQQ accounts for about 13.0% of Washburn Capital Management Inc.’s holdings, making the stock its 3rd biggest position. Washburn Capital Management Inc.’s holdings in Invesco QQQ were worth $26,781,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in QQQ. Parvin Asset Management LLC acquired a new stake in shares of Invesco QQQ in the first quarter valued at about $28,000. High Point Wealth Management LLC grew its position in Invesco QQQ by 68.0% during the second quarter. High Point Wealth Management LLC now owns 42 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 17 shares during the period. Financial Management Professionals Inc. grew its position in Invesco QQQ by 83.3% during the second quarter. Financial Management Professionals Inc. now owns 55 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 25 shares during the period. Bullseye Investment Management LLC acquired a new position in Invesco QQQ during the second quarter worth about $44,000. Finally, Annis Gardner Whiting Capital Advisors LLC increased its holdings in Invesco QQQ by 146.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 111 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 66 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

More Invesco QQQ News

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

• Positive Sentiment: QQQ continues to attract substantial demand, with approximately $1.66 billion in recent inflows. Strong asset gathering supports the fund’s liquidity and indicates persistent investor interest in large-cap technology stocks. QQQ Pulled In $1.66 Billion
• Positive Sentiment: Inflation remains elevated, but easing price pressures tied to artificial intelligence could support growth-oriented ETFs. QQQ’s exposure to profitable, high-growth technology companies may benefit if investors regain confidence in the sector. Growth ETFs in Focus
• Neutral Sentiment: QQQ added NVIDIA and Apple to its holdings on October 15, reinforcing exposure to two of the Nasdaq-100’s most influential companies. The changes may support long-term growth potential but also increase concentration in mega-cap technology. Invesco QQQ Adds NVIDIA and Apple
• Neutral Sentiment: Market data and commentary suggest the recent volatility spike may have exceeded fundamentals, while some analysts argue bonds and stocks have already priced in additional rate hikes. This could support a rebound in QQQ, though conviction remains mixed. Friday’s Market Volatility Spike
• Negative Sentiment: The Nasdaq-100 recently suffered a sharp weekly decline as technology stocks weakened. A separate, lower-cost fund tracking the same index could also divert fee-sensitive investors from QQQ over time. Treasuries Rallied as Tech Slid
• Negative Sentiment: Analysts are warning about stretched market valuations, credit-market risks, sudden technology weakness, and the possibility of a renewed AI sell-off. These concerns could limit upside for QQQ’s growth-heavy portfolio. Market Valuations and Credit Issues

Invesco QQQ Stock Up 1.2%

Shares of Invesco QQQ stock opened at $718.36 on Tuesday. The company has a 50-day moving average of $726.64 and a two-hundred day moving average of $705.33. Invesco QQQ has a 12-month low of $555.60 and a 12-month high of $762.86.

Invesco QQQ Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Monday, September 21st were issued a $0.7514 dividend. The ex-dividend date was Monday, September 21st. This represents a $3.01 dividend on an annualized basis and a dividend yield of 0.4%. This is a decrease from Invesco QQQ’s previous quarterly dividend of $0.8135.

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.