Golden Reserve Retirement LLC lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 13.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 97,200 shares of the exchange traded fund’s stock after purchasing an additional 11,446 shares during the period. Invesco QQQ comprises approximately 15.2% of Golden Reserve Retirement LLC’s portfolio, making the stock its 3rd largest holding. Golden Reserve Retirement LLC’s holdings in Invesco QQQ were worth $58,382,000 as of its most recent filing with the SEC.
A number of other large investors have also recently made changes to their positions in the company. Orgel Wealth Management LLC lifted its position in shares of Invesco QQQ by 4.7% during the 3rd quarter. Orgel Wealth Management LLC now owns 382 shares of the exchange traded fund’s stock worth $229,000 after purchasing an additional 17 shares during the last quarter. Enclave Advisors LLC raised its stake in Invesco QQQ by 0.9% in the third quarter. Enclave Advisors LLC now owns 1,831 shares of the exchange traded fund’s stock valued at $1,099,000 after buying an additional 17 shares in the last quarter. IFS Advisors LLC lifted its holdings in Invesco QQQ by 4.1% during the 3rd quarter. IFS Advisors LLC now owns 431 shares of the exchange traded fund’s stock worth $259,000 after buying an additional 17 shares during the last quarter. Mezzasalma Advisors LLC lifted its holdings in Invesco QQQ by 0.5% during the 3rd quarter. Mezzasalma Advisors LLC now owns 3,312 shares of the exchange traded fund’s stock worth $1,988,000 after buying an additional 17 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its position in shares of Invesco QQQ by 1.2% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,421 shares of the exchange traded fund’s stock worth $853,000 after acquiring an additional 17 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Large holders and sector fundamentals give upside potential — Activest increased its QQQ exposure, signaling institutional confidence in megacap names like Nvidia, Apple and Microsoft that dominate the ETF. QQQ ETF Holdings Increased by Activest as Nvidia, Apple, Microsoft Dominate
- Positive Sentiment: AI spending from hyperscalers could drive further gains in QQQ’s largest holdings and support the ETF’s performance into earnings season. Hyperscaler AI Spending Plans Could Chart Course for QQQ
- Positive Sentiment: Market positioning data (short selling and put buying) may be signaling a contrarian setup that supports a big‑tech rally, which would help QQQ. Short Selling And Put Buying Point To Big Tech Rally
- Positive Sentiment: A softer U.S. dollar can favor U.S. growth stocks and ETFs like QQQ by boosting foreign demand for dollar‑denominated equities. Dollar Index Hits 4-Year Low And Traditional Wisdom Can Mislead This Time
- Neutral Sentiment: Investor sentiment surveys show reduced pessimism, which supports risk assets but is not an immediate driver of flows. AAII Sentiment Survey: Pessimism Tumbles
- Neutral Sentiment: Education pieces on ETF strategy and market timing can encourage buy‑and‑hold behavior for products like QQQ over time, but have limited short‑term price impact. This ETF Makes It Easy to Ditch Market Timing
- Neutral Sentiment: Coverage noting both bull and bear cases as QQQ tests new highs suggests heightened debate and potential for volatility rather than a clear directional catalyst. QQQ is reaching for a new high. 3 reasons each for bulls and bears to play it.
- Negative Sentiment: Joule Financial significantly reduced its reported stake in Invesco QQQ, a direct selling signal that can add downward pressure on the ETF, particularly if other holders follow. Joule Financial LLC Significantly Reduces Stake in Invesco QQQ: What It Means for Investors
- Negative Sentiment: The Fed’s decision to pause rate cuts raises uncertainty about the path of monetary policy; a less‑accommodative outlook can weigh on high‑multiple, growth‑heavy ETFs like QQQ. Federal Reserve Puts Rate Cuts On Pause
- Negative Sentiment: Rising commodity strength could rekindle inflation and higher rates, which would be a headwind for growth stocks concentrated in QQQ. The Commodity Boom May Send Inflation And Rates Much Higher
Invesco QQQ Price Performance
Invesco QQQ Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were issued a dividend of $0.7941 per share. The ex-dividend date of this dividend was Monday, December 22nd. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.69. This represents a $3.18 dividend on an annualized basis and a yield of 0.5%.
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.
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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ – Free Report).
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