Invesco QQQ $QQQ Stake Decreased by Larry Mathis Financial Planning LLC

Larry Mathis Financial Planning LLC reduced its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 80.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,694 shares of the exchange traded fund’s stock after selling 6,829 shares during the quarter. Invesco QQQ accounts for 1.1% of Larry Mathis Financial Planning LLC’s portfolio, making the stock its 16th biggest holding. Larry Mathis Financial Planning LLC’s holdings in Invesco QQQ were worth $1,253,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QQQ. High Point Wealth Management LLC increased its holdings in Invesco QQQ by 68.0% in the 2nd 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 in the last quarter. Parvin Asset Management LLC bought a new stake in shares of Invesco QQQ in the first quarter worth approximately $28,000. Financial Management Professionals Inc. grew its position in Invesco QQQ by 83.3% in the 2nd quarter. Financial Management Professionals Inc. now owns 55 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 25 shares during the period. Bullseye Investment Management LLC bought a new stake in Invesco QQQ in the 2nd quarter worth approximately $44,000. Finally, Roxbury Financial LLC grew its position in Invesco QQQ by 19.7% in the 2nd quarter. Roxbury Financial LLC now owns 91 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 15 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Up 1.3%

Shares of QQQ opened at $721.25 on Wednesday. The firm has a fifty day simple moving average of $725.26 and a two-hundred day simple moving average of $677.73. Invesco QQQ has a 1-year low of $555.60 and a 1-year high of $762.86.

Invesco QQQ Cuts Dividend

The company also recently disclosed 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 of this dividend was Monday, September 21st. This is a decrease from Invesco QQQ’s previous quarterly dividend of $0.8135. This represents a $3.01 annualized dividend and a dividend yield of 0.4%.

Key Invesco QQQ News

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

• Positive Sentiment: Broad-market ETFs advanced as U.S. stocks rose, providing a favorable backdrop for QQQ’s large-cap technology holdings. Expectations for strong results from major technology companies and a potentially patient Federal Reserve also supported risk appetite. Exchange-Traded Funds Higher as US Equities Rise After Midday
• Positive Sentiment: QQQ added NVIDIA and Apple to its portfolio in an October 23 transaction, reinforcing exposure to two of the market’s most influential technology and artificial-intelligence companies. Continued strength in these mega-cap names can have an outsized effect on the fund’s performance. INVESCO QQQ Adds NVIDIA and Apple
• Positive Sentiment: Invesco Ltd. announced a $1.5 billion preferred-stock repurchase and reported third-quarter results. The transaction is expected to reduce preferred-share claims and lift the sponsor’s future earnings per share, which could modestly improve sentiment toward Invesco, although it does not directly change QQQ’s holdings or net asset value. Invesco Reports Q3 Results and Announces Preferred Repurchase
• Neutral Sentiment: QQQ reportedly sold approximately $14.3 million of NVIDIA shares. This appears to reflect routine portfolio rebalancing rather than a fundamental change in the fund’s technology or AI exposure. QQQ Sells More NVIDIA
• Neutral Sentiment: Articles comparing QQQ with other technology and broad-market ETFs highlighted its higher-growth, more concentrated profile. That positioning may benefit QQQ during technology-led rallies but exposes it to greater volatility than diversified alternatives. VGT vs. QQQ
• Negative Sentiment: Some market commentary warned that technology’s risk premium is rising and that AI-related enthusiasm could face pressure if earnings fail to meet elevated expectations. This creates downside risk for QQQ because of its heavy concentration in large technology companies. Tech Risk Premium Rising Ahead of Key Earnings

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.