Invesco QQQ $QQQ Stock Purchased by Fusion Family Wealth LLC

Fusion Family Wealth LLC lifted its stake in Invesco QQQ (NASDAQ:QQQ) by 1.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 96,366 shares of the exchange traded fund’s stock after acquiring an additional 955 shares during the quarter. Invesco QQQ makes up approximately 4.7% of Fusion Family Wealth LLC’s investment portfolio, making the stock its 9th largest position. Fusion Family Wealth LLC’s holdings in Invesco QQQ were worth $71,289,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. GoalVest Advisory LLC raised its stake in shares of Invesco QQQ by 20,256.6% during the 3rd 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 in the last quarter. Corient Private Wealth LP grew its stake in shares of Invesco QQQ by 506.8% in the second quarter. Corient Private Wealth LP now owns 545,270 shares of the exchange traded fund’s stock valued at $401,553,000 after buying an additional 455,412 shares in the last quarter. Alaska Permanent Fund Corp bought a new position in shares of Invesco QQQ in the second quarter valued at $207,072,000. International Assets Investment Management LLC increased its holdings in Invesco QQQ by 390.3% during the third quarter. International Assets Investment Management LLC now owns 300,000 shares of the exchange traded fund’s stock worth $221,931,000 after buying an additional 238,814 shares during the last quarter. Finally, Senator Investment Group LP acquired a new position in Invesco QQQ during the second quarter worth $157,221,000. Institutional investors own 44.58% of the company’s stock.

Key Stories Impacting Invesco QQQ

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

• Neutral Sentiment: QQQ’s RSI was reported in oversold territory, but technical indicators still showed a strong-sell signal; oversold conditions alone do not confirm a rebound. QQQ key support and resistance levels to watch
• Negative Sentiment: QQQ saw approximately $80 billion in trading as technology shares sold off. The unusually high activity highlights intense investor repositioning and selling pressure. Invesco QQQ Trust sees record trading volume amid tech selloff
• Negative Sentiment: Semiconductor stocks experienced their worst session since 2020, dragging down QQQ and other tech-heavy funds as investors retreated from AI and growth shares. QQQ and SMH sink as chip stocks have worst day since 2020
• Negative Sentiment: AMD’s sharp drop added to pressure on chip-focused ETFs and broader index funds, including portfolios with overlapping semiconductor exposure. AMD’s Double-Digit Drop Is Rippling Through Your Chip ETFs

Invesco QQQ Stock Down 6.5%

NASDAQ QQQ opened at $647.05 on Friday. The firm’s fifty day moving average price is $722.27 and its two-hundred day moving average price is $680.09. Invesco QQQ has a 1 year low of $555.60 and a 1 year high of $762.86.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Monday, September 21st were issued a dividend of $0.7514 per share. This represents a $3.01 annualized dividend and a dividend yield of 0.5%. 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.

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.