2,383 Invesco QQQ $QQQ Shares Sold by Retirement Planning Group LLC

Retirement Planning Group LLC reduced its holdings in Invesco QQQ (NASDAQ:QQQ) by 5.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,252 shares of the exchange traded fund’s stock after selling 2,383 shares during the quarter. Invesco QQQ makes up 0.7% of Retirement Planning Group LLC’s portfolio, making the stock its 20th biggest holding. Retirement Planning Group LLC’s holdings in Invesco QQQ were worth $29,777,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Blue Zone Wealth Advisors LLC boosted its holdings in Invesco QQQ by 1.9% in the third quarter. Blue Zone Wealth Advisors LLC now owns 59,674 shares of the exchange traded fund’s stock valued at $44,145,000 after acquiring an additional 1,127 shares during the last quarter. Sterling Investment Counsel LLC grew its position in Invesco QQQ by 4.8% during the third quarter. Sterling Investment Counsel LLC now owns 2,336 shares of the exchange traded fund’s stock valued at $1,728,000 after acquiring an additional 106 shares during the period. Yarbrough Capital LLC increased its stake in Invesco QQQ by 4.4% during the third quarter. Yarbrough Capital LLC now owns 150,806 shares of the exchange traded fund’s stock worth $111,562,000 after acquiring an additional 6,308 shares during the last quarter. Fairvoy Private Wealth LLC increased its stake in Invesco QQQ by 0.4% during the third quarter. Fairvoy Private Wealth LLC now owns 31,977 shares of the exchange traded fund’s stock worth $23,655,000 after acquiring an additional 139 shares during the last quarter. Finally, Trellis Wealth Advisors LLC acquired a new stake in Invesco QQQ during the third quarter worth about $127,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

Invesco QQQ stock opened at $717.63 on Wednesday. Invesco QQQ has a 12 month low of $555.60 and a 12 month high of $762.86. The stock’s 50-day moving average is $726.62 and its 200-day moving average is $706.27.

Invesco QQQ Cuts Dividend

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

Key Invesco QQQ News

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

• Positive Sentiment: Broad-market ETFs advanced after midday, suggesting improving risk appetite that could provide support for QQQ and its large-cap growth holdings. Exchange-Traded Funds Gain as US Equities Advance After Midday
• Positive Sentiment: Investors continued buying technology stocks on weakness, indicating that dip buyers remain active despite the recent volatility in the Nasdaq-100. Tech Investors Bought The Dips
• Positive Sentiment: Invesco QQQ recently added NVIDIA and Apple, reinforcing exposure to two major technology leaders that can benefit if AI investment and growth-stock demand remain strong. Invesco QQQ Adds NVIDIA and Apple on Oct. 15
• Positive Sentiment: QQQ attracted approximately $1.66 billion in inflows, highlighting continued investor demand for Nasdaq-100 exposure despite concerns about fees and valuation. QQQ Pulled In $1.66 Billion
• Neutral Sentiment: Elevated inflation and faster growth expectations are creating uncertainty over future interest-rate policy. Higher rates could pressure growth-stock valuations, although stronger economic activity may support earnings. GDP Nowcasts Point To Faster Growth As Inflation Risks Mount
• Negative Sentiment: Several market commentaries warned that AI enthusiasm, high valuations and weakening credit conditions could produce a broader technology selloff. These concerns are particularly relevant to QQQ because of its heavy exposure to AI-linked mega-cap stocks. The S&P 500 Mirage
• Negative Sentiment: Recent weakness in technology and fears that the AI boom could end like previous market bubbles are weighing on investor confidence and limiting upside for QQQ today. All Booms End In A Bust – The AI Boom Is Likely No Different

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.