Invesco QQQ $QQQ Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC decreased its position in Invesco QQQ (NASDAQ:QQQ) by 3.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,224,740 shares of the exchange traded fund’s stock after selling 39,498 shares during the period. Fisher Asset Management LLC owned about 0.18% of Invesco QQQ worth $906,027,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. GoalVest Advisory LLC increased its holdings in shares of Invesco QQQ by 20,256.6% in the 3rd quarter. GoalVest Advisory LLC now owns 613,955 shares of the exchange traded fund’s stock valued at $454,185,000 after purchasing an additional 610,939 shares during the period. Corient Private Wealth LP lifted its position in shares of Invesco QQQ by 506.8% in the second quarter. Corient Private Wealth LP now owns 545,270 shares of the exchange traded fund’s stock worth $401,553,000 after purchasing an additional 455,412 shares in the last quarter. Alaska Permanent Fund Corp purchased a new stake in shares of Invesco QQQ during the second quarter worth $207,072,000. International Assets Investment Management LLC raised its stake in shares of Invesco QQQ by 390.3% during the 3rd quarter. International Assets Investment Management LLC now owns 300,000 shares of the exchange traded fund’s stock worth $221,931,000 after purchasing an additional 238,814 shares in the last quarter. Finally, Senator Investment Group LP acquired a new position in Invesco QQQ in the second quarter worth approximately $157,221,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 0.3%

Shares of QQQ opened at $688.17 on Friday. The firm’s 50 day moving average price is $718.62 and its 200 day moving average price is $681.57. Invesco QQQ has a twelve month low of $555.60 and a twelve month high of $762.86.

Invesco QQQ Cuts Dividend

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

More Invesco QQQ News

Here’s some of the latest news about QQQ:

• Positive Sentiment: Some commentary argues the AI rally may be back on track, and CoreWeave’s earnings reportedly eased concerns about AI spending. That may support QQQ’s large technology and AI-related holdings. 5 Bullish Signs the AI Rally is Back on Track
• Neutral Sentiment: QQQ was described as relatively resilient amid Nvidia-related selling. Its diversified Nasdaq-100 exposure can cushion the impact of weakness in an individual holding, though Nvidia remains influential. Invesco QQQ Trust ETF Resists Pressure as Nvidia’s CEO Resigns
• Negative Sentiment: Hot inflation and the possibility of tighter Federal Reserve policy could pressure growth-stock valuations, a risk for QQQ’s technology-heavy portfolio. CPI Pushes Rate Hike Odds to About 100%

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.