Citizens Financial Group Inc. RI cut its stake in Invesco QQQ (NASDAQ:QQQ – Free Report) by 4.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 119,032 shares of the exchange traded fund’s stock after selling 5,000 shares during the period. Invesco QQQ makes up about 1.0% of Citizens Financial Group Inc. RI’s investment portfolio, making the stock its 24th biggest holding. Citizens Financial Group Inc. RI’s holdings in Invesco QQQ were worth $73,122,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of QQQ. Goodman Advisory Group LLC bought a new position in shares of Invesco QQQ in the third quarter worth about $25,000. Shcp LLC bought a new position in Invesco QQQ in the third quarter worth approximately $27,000. Rachor Investment Advisory Services LLC bought a new position in shares of Invesco QQQ in the 4th quarter worth $29,000. Measured Wealth Private Client Group LLC purchased a new position in Invesco QQQ in the third quarter valued at about $40,000. Finally, PayPay Securities Corp grew its stake in Invesco QQQ by 78.9% in the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 30 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.
More Invesco QQQ News
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Pre-market momentum: QQQ was noted as trending higher in pre-market coverage, with commentary tying the move to positive sentiment around large-cap tech and the Nasdaq 100. Why Is Invesco QQQ Trust ETF (QQQ) Trending Higher Today, 4/30/2026?
- Positive Sentiment: Fed tone easing for risk assets: analysis of the April FOMC and dissenting statements suggests a move toward rate neutrality that supports growth/multiple‑sensitive stocks in QQQ. This macro backdrop helps explain strength in the ETF. The Fed Dissents Signal A Pivot Towards Rate Neutrality
- Neutral Sentiment: Issuer fundamentals: Invesco Ltd. (IVZ) reported record AUM and strong inflows in Q1, which supports the firm’s ETF platform but is only indirectly relevant to QQQ’s intraday price action. Invesco Ltd (IVZ) Q1 2026 Earnings Call Highlights
- Neutral Sentiment: ETF alternatives: Coverage on First Trust’s NASDAQ-100 Select Equal Weight ETF (QQEW) highlights alternative ways to access Nasdaq-100 exposure; could influence flows but is not an immediate driver. Should First Trust NASDAQ-100 Select Equal Weight ETF (QQEW) Be on Your Investing Radar?
- Negative Sentiment: Semiconductor headwinds: Michael Burry disclosed new short bets on chipmakers and the iShares Semiconductor ETF (SOXX) pulled back, which can weigh on QQQ because of its semiconductor exposure. Michael Burry Just Did Another ‘Big Short’ — As Historic Chip Stock Rally Finally Snaps
- Negative Sentiment: Growing skepticism on AI/tech froth: commentary warning that the AI-led rally may be cracking increases downside risk for the concentrated tech names in QQQ. The AI Bubble Is Starting To Crack
- Negative Sentiment: Near-term caution ahead of big-tech earnings/Fed: market notes advise a cautious stance into a packed calendar of mega-cap earnings and Fed decisions, creating volatility risk for QQQ. Nasdaq Composite Treads Carefully Ahead of Big Tech Bonanza, Fed Decision
Invesco QQQ Trading Up 0.9%
Invesco QQQ Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a dividend of $0.7328 per share. This represents a $2.93 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, March 23rd.
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.
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