Westhampton Capital LLC Sells 1,379 Shares of Invesco QQQ $QQQ

Westhampton Capital LLC reduced its stake in Invesco QQQ (NASDAQ:QQQ) by 37.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,310 shares of the exchange traded fund’s stock after selling 1,379 shares during the period. Westhampton Capital LLC’s holdings in Invesco QQQ were worth $1,709,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Parvin Asset Management LLC acquired a new position in Invesco QQQ in the first quarter valued at about $28,000. High Point Wealth Management LLC boosted its holdings in Invesco QQQ by 68.0% during the second quarter. High Point Wealth Management LLC now owns 42 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 17 shares during the last quarter. Financial Management Professionals Inc. grew its position in shares of Invesco QQQ by 83.3% during the 2nd quarter. Financial Management Professionals Inc. now owns 55 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 25 shares during the period. CrossGen Wealth LLC grew its position in shares of Invesco QQQ by 44.7% during the 3rd quarter. CrossGen Wealth LLC now owns 55 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 17 shares during the period. Finally, Bullseye Investment Management LLC acquired a new position in shares of Invesco QQQ during the 2nd quarter worth about $44,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 0.6%

Shares of QQQ stock opened at $685.28 on Wednesday. The stock has a 50-day moving average of $723.93 and a 200-day moving average of $679.61. Invesco QQQ has a one year low of $555.60 and a one year high of $762.86.

Invesco QQQ Cuts Dividend

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

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: There is a potential seasonal tailwind: historical analysis cited in this article found the S&P 500 rose from November through April in all 19 midterm-election years since 1950. The piece argues the period after the midterms could favor broad equity ETFs, including QQQ. Article: The Stock Market Has Boomed After the Last 19 Midterms
• Positive Sentiment: Another outlook frames the pullback as a possible entry point, citing seasonality and favorable risk-reward opportunities in core infrastructure stocks. This offers a counterpoint to concerns about AI valuations, though it does not establish that a rebound is imminent. Article: Q4 QQQ Roadmap: Navigating AI Turbulence & Market Headwinds
• Neutral Sentiment: U.S. equities were mixed after midday, with some broad-market ETFs higher. That suggests the weakness is concentrated in parts of the market rather than a uniform selloff, but provides no clear QQQ-specific catalyst. Article: Exchange-Traded Funds Higher, US Equities Mixed After Midday
• Negative Sentiment: The Nasdaq-100 has entered a technical correction, falling more than 10% from its October high. Reports point to investor worries about AI-sector growth and a sharp retreat in chip stocks—significant risks for QQQ given its heavy exposure to large technology companies. Article: Nasdaq 100 and QQQ have sunk into a correction
• Negative Sentiment: AI stocks reportedly lost substantial value over three weeks, while hedge funds reduced exposure to the sector. If that retreat continues, it could add selling pressure to QQQ’s growth-heavy holdings. Article: AI Stocks Lose $5 Trillion in 3 Weeks as Hedge Funds Go Underweight AI

Invesco QQQ 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.