Independence Wealth Advisors LLC reduced its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 34.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,133 shares of the exchange traded fund’s stock after selling 2,656 shares during the period. Invesco QQQ accounts for approximately 1.8% of Independence Wealth Advisors LLC’s investment portfolio, making the stock its 15th biggest position. Independence Wealth Advisors LLC’s holdings in Invesco QQQ were worth $3,797,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in shares of Invesco QQQ by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 3,038,610 shares of the exchange traded fund’s stock valued at $2,237,606,000 after buying an additional 30,083 shares during the period. Analyst IMS Investment Management Services Ltd. lifted its stake in shares of Invesco QQQ by 0.3% in the second quarter. Analyst IMS Investment Management Services Ltd. now owns 1,787,559 shares of the exchange traded fund’s stock worth $1,316,358,000 after acquiring an additional 4,751 shares during the period. HighTower Advisors LLC lifted its stake in shares of Invesco QQQ by 3.1% in the second quarter. HighTower Advisors LLC now owns 1,230,679 shares of the exchange traded fund’s stock worth $906,272,000 after acquiring an additional 36,923 shares during the period. GoalVest Advisory LLC lifted its stake in shares of Invesco QQQ by 20,256.6% in the third quarter. GoalVest Advisory LLC now owns 613,955 shares of the exchange traded fund’s stock worth $454,185,000 after acquiring an additional 610,939 shares during the period. Finally, Corient Private Wealth LP boosted its holdings in 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 acquiring an additional 455,412 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.
Invesco QQQ Stock Performance
Shares of QQQ stock opened at $690.49 on Monday. The business’s 50 day simple moving average is $725.00 and its 200 day simple moving average is $679.01. Invesco QQQ has a one year low of $555.60 and a one year high of $762.86.
Invesco QQQ Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Monday, September 21st were given a $0.7514 dividend. This is a decrease from Invesco QQQ’s previous quarterly dividend of $0.8135. The ex-dividend date was Monday, September 21st. This represents a $3.01 dividend on an annualized basis and a dividend yield of 0.4%.
Invesco QQQ News Summary
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
Invesco QQQ Company 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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