Coyle Financial Counsel LLC cut its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 4.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,947 shares of the exchange traded fund’s stock after selling 2,303 shares during the quarter. Invesco QQQ makes up 6.4% of Coyle Financial Counsel LLC’s holdings, making the stock its 4th biggest holding. Coyle Financial Counsel LLC’s holdings in Invesco QQQ were worth $34,730,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Flatrock Wealth Partners LLC acquired a new position in Invesco QQQ in the 1st quarter worth about $924,000. Hegarty Advisors LLC acquired a new stake in shares of Invesco QQQ during the first quarter valued at about $2,212,000. Dixon Fnancial Services Inc. boosted its stake in shares of Invesco QQQ by 119.9% during the third quarter. Dixon Fnancial Services Inc. now owns 1,834 shares of the exchange traded fund’s stock valued at $1,357,000 after purchasing an additional 1,000 shares in the last quarter. Ascension Capital Advisors Inc. boosted its stake in shares of Invesco QQQ by 643.8% during the first quarter. Ascension Capital Advisors Inc. now owns 3,094 shares of the exchange traded fund’s stock valued at $1,786,000 after purchasing an additional 2,678 shares in the last quarter. Finally, Financial Insights Inc. grew its holdings in shares of Invesco QQQ by 6.8% during the second quarter. Financial Insights Inc. now owns 29,790 shares of the exchange traded fund’s stock worth $21,938,000 after purchasing an additional 1,901 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.
Invesco QQQ Stock Performance
NASDAQ:QQQ opened at $690.49 on Friday. The stock’s 50-day moving average is $725.00 and its 200-day moving average is $679.01. Invesco QQQ has a 1-year low of $555.60 and a 1-year high of $762.86.
Invesco QQQ Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Monday, September 21st were given a dividend of $0.7514 per share. The ex-dividend date was Monday, September 21st. This represents a $3.01 annualized dividend and a yield of 0.4%. This is a drop from Invesco QQQ’s previous quarterly dividend of $0.8135.
Key Headlines 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 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.
Further Reading
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