870 Invesco QQQ $QQQ Shares Purchased by Leelyn Smith LLC

Leelyn Smith LLC boosted its position in Invesco QQQ (NASDAQ:QQQ) by 9.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,546 shares of the exchange traded fund’s stock after buying an additional 870 shares during the period. Invesco QQQ makes up about 0.9% of Leelyn Smith LLC’s holdings, making the stock its 25th biggest position. Leelyn Smith LLC’s holdings in Invesco QQQ were worth $7,801,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Allen Investment Management LLC boosted its position in shares of Invesco QQQ by 4.4% during the 3rd quarter. Allen Investment Management LLC now owns 338,935 shares of the exchange traded fund’s stock worth $250,734,000 after purchasing an additional 14,437 shares in the last quarter. Verus Capital Partners LLC increased its holdings in shares of Invesco QQQ by 6.7% in the 3rd quarter. Verus Capital Partners LLC now owns 27,197 shares of the exchange traded fund’s stock valued at $20,120,000 after purchasing an additional 1,712 shares in the last quarter. Investment Management Corp VA ADV lifted its stake in shares of Invesco QQQ by 2.5% in the third quarter. Investment Management Corp VA ADV now owns 1,596 shares of the exchange traded fund’s stock valued at $1,181,000 after purchasing an additional 39 shares during the period. American Institute for Advanced Investment Management LLP lifted its stake in shares of Invesco QQQ by 10.2% in the third quarter. American Institute for Advanced Investment Management LLP now owns 1,478 shares of the exchange traded fund’s stock valued at $1,093,000 after purchasing an additional 137 shares during the period. Finally, Parallel Advisors LLC lifted its stake in shares of Invesco QQQ by 5.3% in the third quarter. Parallel Advisors LLC now owns 51,705 shares of the exchange traded fund’s stock valued at $38,250,000 after purchasing an additional 2,615 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

QQQ stock opened at $656.10 on Friday. The company’s 50-day moving average price is $720.97 and its 200 day moving average price is $680.33. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $762.86.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Monday, September 21st were given a dividend of $0.7514 per share. This represents a $3.01 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, September 21st. This is a negative change from Invesco QQQ’s previous quarterly dividend of $0.8135.

Key Invesco QQQ News

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

• Positive Sentiment: QQQ rose as several technology stocks recovered, helping lift the Nasdaq-100. Why Is Invesco QQQ Trust Rising Today, Nov. 6?
• Positive Sentiment: Broad U.S. equity ETFs advanced after midday, providing a supportive market backdrop for QQQ. Exchange-Traded Funds Higher as US Equities Advance After Midday
• Positive Sentiment: QQQ added to its Apple and NVIDIA positions on Nov. 4, increasing exposure to two major index constituents, though the fund’s purchases are not a separate earnings catalyst. INVESCO QQQ (QQQ) Adds Apple and NVIDIA on Nov. 4
• Neutral Sentiment: October job growth exceeded expectations. A resilient economy may support company demand, but it could also keep interest rates higher, a potential headwind for growth-stock valuations. Exchange-Traded Funds Higher, Equity Futures Mixed as US October Jobs Rise More than Expected
• Negative Sentiment: Recent selling in AI and semiconductor stocks remains a risk for QQQ, given the index’s substantial technology exposure. QQQ and SMH sink as chip stocks have worst day since 2020
• Negative Sentiment: Ongoing concerns about AI-sector volatility and broader market headwinds could make the rebound fragile. Q4 QQQ Roadmap: Navigating AI Turbulence & Market Headwinds

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.