Invesco QQQ $QQQ Stock Bought by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 1.7% in the third quarter, Holdings Channel reports. The fund owned 192,352 shares of the exchange traded fund’s stock after purchasing an additional 3,171 shares during the period. Invesco QQQ accounts for about 3.3% of SBI Securities Co. Ltd.’s portfolio, making the stock its 5th biggest position. SBI Securities Co. Ltd.’s holdings in Invesco QQQ were worth $142,296,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. GoalVest Advisory LLC raised its stake in shares of Invesco QQQ by 20,256.6% during the third quarter. GoalVest Advisory LLC now owns 613,955 shares of the exchange traded fund’s stock worth $454,185,000 after purchasing an additional 610,939 shares during the last quarter. Corient Private Wealth LP lifted its holdings in shares of Invesco QQQ by 506.8% during the second quarter. Corient Private Wealth LP now owns 545,270 shares of the exchange traded fund’s stock worth $401,553,000 after purchasing an additional 455,412 shares during the period. Alaska Permanent Fund Corp purchased a new position in Invesco QQQ in the 2nd quarter valued at $207,072,000. Senator Investment Group LP purchased a new position in Invesco QQQ in the 2nd quarter valued at $157,221,000. Finally, Ascentis Wealth Management LLC grew its position in Invesco QQQ by 74,117.2% in the 2nd quarter. Ascentis Wealth Management LLC now owns 194,449 shares of the exchange traded fund’s stock valued at $143,192,000 after buying an additional 194,187 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

Shares of QQQ opened at $704.40 on Friday. The company’s fifty day moving average is $725.57 and its two-hundred day moving average is $708.07. Invesco QQQ has a 1 year low of $555.60 and a 1 year high of $762.86.

Invesco QQQ Cuts Dividend

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

Key Headlines Impacting Invesco QQQ

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

• Positive Sentiment: Technology stocks had recently led a Nasdaq rebound, supporting QQQ as investors continued to favor major growth companies and AI-related leaders. Technology Stocks Pop, Lead Nasdaq Higher
• Positive Sentiment: QQQ was described as inching higher during Friday’s session, suggesting some dip-buying and stabilization after recent technology-sector volatility. Here’s Why the Invesco QQQ Trust ETF Is Inching Higher Today, October 23
• Neutral Sentiment: The launch of Tuttle Capital’s QQDH, an actively managed ETF using Nasdaq-100 exposure and options strategies, increases the range of competing Nasdaq-focused products but does not directly change QQQ’s holdings or fundamentals. Tuttle Capital Launches QQDH
• Neutral Sentiment: Invesco’s new international-innovator ETF, QQI, may broaden the company’s product lineup, though its higher costs and lower liquidity make it more of a complementary product than a direct replacement for QQQ. Invesco Launches QQI
• Negative Sentiment: Pre-market weakness in equity ETFs and renewed worries that massive AI capital expenditures may not generate adequate returns pressured growth-oriented funds such as QQQ. ETFs and Futures Lower Amid AI Spending Concerns
• Negative Sentiment: A recent technology sell-off and rotation into defensive stocks highlighted investor caution toward elevated technology valuations. Higher interest rates and credit-market concerns also remain headwinds for QQQ’s long-duration growth holdings. Tech Sell-Off Leads to Defensive Stocks

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.