Prosperitas Financial LLC lessened its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 9.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 14,023 shares of the exchange traded fund’s stock after selling 1,494 shares during the quarter. Invesco QQQ comprises 3.2% of Prosperitas Financial LLC’s holdings, making the stock its 12th biggest position. Prosperitas Financial LLC’s holdings in Invesco QQQ were worth $10,374,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Lebenthal Global Advisors LLC acquired a new stake in shares of Invesco QQQ in the third quarter valued at about $233,000. Canopy Partners LLC increased its stake in shares of Invesco QQQ by 28.6% in the third quarter. Canopy Partners LLC now owns 943 shares of the exchange traded fund’s stock worth $698,000 after purchasing an additional 210 shares during the period. Brian Low Financial Group LLC bought a new position in shares of Invesco QQQ in the third quarter worth about $342,000. Rubicon Global Capital Ltd acquired a new position in shares of Invesco QQQ during the 3rd quarter worth about $5,008,000. Finally, Partners Wealth Management LLC lifted its position in shares of Invesco QQQ by 1,009.1% during the 3rd quarter. Partners Wealth Management LLC now owns 20,884 shares of the exchange traded fund’s stock worth $15,465,000 after purchasing an additional 19,001 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.
Invesco QQQ Stock Performance
Shares of NASDAQ:QQQ opened at $690.49 on Friday. The business has a 50 day moving average price of $725.00 and a 200 day moving average price of $679.01. Invesco QQQ has a twelve month low of $555.60 and a twelve month high of $762.86.
Invesco QQQ Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Monday, September 21st were given a $0.7514 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $3.01 annualized dividend and a yield of 0.4%. This is a decrease from Invesco QQQ’s previous quarterly dividend of $0.8135.
Key Headlines Impacting Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: An AI-based analyst model projects more than 12% upside for QQQ, supporting the ETF’s longer-term growth case despite near-term volatility. These 3 ETFs Have 12%+ Upside, According to the AI Analyst
- Positive Sentiment: Stronger-than-expected third-quarter GDP, driven partly by computer-equipment investment, and resilient consumer spending indicate that the economy remains supportive of corporate technology demand. Record Increase In Computer Equipment Drives 2026Q3 GDP Above Expectations
- Neutral Sentiment: QQQ continues to provide broad Nasdaq-100 exposure, but its heavy weighting in a small group of chipmakers and technology platforms leaves investors especially sensitive to earnings and interest-rate news. This Little-Known ETF Owns QQQ’s Stocks Without the Big Bet on Nvidia
- Negative Sentiment: Nasdaq futures and technology ETFs are falling as Amazon and Intel plunge following disappointing earnings, raising concerns about slowing demand and elevated tech-sector valuations. Stock Market Today: Nasdaq Dives As Amazon, Intel Plunge On Earnings
- Negative Sentiment: Alphabet’s unusually large post-earnings decline is directly weighing on QQQ because Alphabet is a major Nasdaq-100 holding, while also pulling other technology shares lower. Alphabet Is Having Its Worst Earnings Day Ever
- Negative Sentiment: Investors remain concerned that persistent inflation, rising bond yields, potential future Federal Reserve tightening, and heavy AI-related borrowing could pressure growth-stock valuations. Why Rising Rates Could Break the Bull Market Before AI Spending Can Save It
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.
Featured Articles
- Five stocks we like better than Invesco QQQ
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ – Free Report).
Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.
