Mirae Asset Global Investments Co. Ltd. bought a new position 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 Securities and Exchange Commission. The institutional investor bought 138,947 shares of the exchange traded fund’s stock, valued at approximately $102,789,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Heartwood Wealth Advisors LLC grew its position in Invesco QQQ by 0.7% during the third quarter. Heartwood Wealth Advisors LLC now owns 1,952 shares of the exchange traded fund’s stock worth $1,444,000 after buying an additional 14 shares in the last quarter. Sherman Wealth Management LLC lifted its position in shares of Invesco QQQ by 0.8% during the 3rd quarter. Sherman Wealth Management LLC now owns 1,702 shares of the exchange traded fund’s stock valued at $1,259,000 after acquiring an additional 14 shares during the period. Heritage Wealth Management Inc. grew its holdings in shares of Invesco QQQ by 1.1% during the 3rd quarter. Heritage Wealth Management Inc. now owns 1,328 shares of the exchange traded fund’s stock worth $983,000 after purchasing an additional 14 shares in the last quarter. Royal Harbor Partners LLC grew its holdings in shares of Invesco QQQ by 4.6% during the 3rd quarter. Royal Harbor Partners LLC now owns 318 shares of the exchange traded fund’s stock worth $235,000 after purchasing an additional 14 shares in the last quarter. Finally, CAP Partners LLC grew its holdings in shares of Invesco QQQ by 3.5% during the 1st quarter. CAP Partners LLC now owns 444 shares of the exchange traded fund’s stock worth $256,000 after purchasing an additional 15 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: An AI-based analyst model projects more than 12% upside for QQQ, supporting the ETF’s longer-term growth case despite near-term volatility. These 3 ETFs Have 12%+ Upside, According to the AI Analyst
- Positive Sentiment: Stronger-than-expected third-quarter GDP, driven partly by computer-equipment investment, and resilient consumer spending indicate that the economy remains supportive of corporate technology demand. Record Increase In Computer Equipment Drives 2026Q3 GDP Above Expectations
- Neutral Sentiment: QQQ continues to provide broad Nasdaq-100 exposure, but its heavy weighting in a small group of chipmakers and technology platforms leaves investors especially sensitive to earnings and interest-rate news. This Little-Known ETF Owns QQQ’s Stocks Without the Big Bet on Nvidia
- Negative Sentiment: Nasdaq futures and technology ETFs are falling as Amazon and Intel plunge following disappointing earnings, raising concerns about slowing demand and elevated tech-sector valuations. Stock Market Today: Nasdaq Dives As Amazon, Intel Plunge On Earnings
- Negative Sentiment: Alphabet’s unusually large post-earnings decline is directly weighing on QQQ because Alphabet is a major Nasdaq-100 holding, while also pulling other technology shares lower. Alphabet Is Having Its Worst Earnings Day Ever
- Negative Sentiment: Investors remain concerned that persistent inflation, rising bond yields, potential future Federal Reserve tightening, and heavy AI-related borrowing could pressure growth-stock valuations. Why Rising Rates Could Break the Bull Market Before AI Spending Can Save It
Invesco QQQ Stock Performance
Shares of NASDAQ QQQ opened at $690.49 on Friday. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $762.86. The stock’s fifty day moving average is $725.00 and its 200 day moving average is $679.01.
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 was Monday, September 21st. This is a negative change from Invesco QQQ’s previous quarterly dividend of $0.8135. This represents a $3.01 dividend on an annualized basis and a yield of 0.4%.
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.
Recommended Stories
- Five stocks we like better than Invesco QQQ
- Starbucks Says Its Turnaround Is Done—The Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.
