Invesco QQQ $QQQ Shares Sold by Cresta Advisors Ltd.

Cresta Advisors Ltd. lessened its holdings in Invesco QQQ (NASDAQ:QQQ) by 45.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,614 shares of the exchange traded fund’s stock after selling 8,866 shares during the period. Invesco QQQ comprises about 3.8% of Cresta Advisors Ltd.’s portfolio, making the stock its 8th largest holding. Cresta Advisors Ltd.’s holdings in Invesco QQQ were worth $7,852,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of QQQ. Virginia Estate & Retirement Planning Advisors Inc. lifted its position in shares of Invesco QQQ by 0.3% during the 3rd quarter. Virginia Estate & Retirement Planning Advisors Inc. now owns 8,495 shares of the exchange traded fund’s stock valued at $6,282,000 after buying an additional 25 shares in the last quarter. MFA Wealth Services grew its stake in Invesco QQQ by 2.7% in the 3rd quarter. MFA Wealth Services now owns 3,287 shares of the exchange traded fund’s stock valued at $2,432,000 after acquiring an additional 86 shares during the period. XY Planning Network Inc. increased its holdings in Invesco QQQ by 15.7% in the 3rd quarter. XY Planning Network Inc. now owns 4,431 shares of the exchange traded fund’s stock worth $3,278,000 after acquiring an additional 601 shares in the last quarter. Allied Investment Advisors LLC increased its holdings in Invesco QQQ by 14.1% in the 3rd quarter. Allied Investment Advisors LLC now owns 452 shares of the exchange traded fund’s stock worth $334,000 after acquiring an additional 56 shares in the last quarter. Finally, Lighthouse Wealth Management Inc. increased its holdings in Invesco QQQ by 1.7% in the 3rd quarter. Lighthouse Wealth Management Inc. now owns 25,417 shares of the exchange traded fund’s stock worth $18,803,000 after acquiring an additional 429 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $743.57 on Wednesday. The company has a fifty day moving average of $726.45 and a two-hundred day moving average of $701.01. Invesco QQQ has a fifty-two week low of $555.60 and a fifty-two week high of $762.86.

Invesco QQQ Cuts Dividend

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

Key Invesco QQQ News

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

• Positive Sentiment: Improving market conditions, including lower volatility and a reprieve in oil prices and Treasury yields, helped support risk assets heading into earnings season. Strong software performance and gains in social-media stocks also provided some positive read-through for QQQ’s technology-heavy portfolio. Volatilities Fall On Oil/Yield Reprieve As The S&P Rallies Into Earnings Season
• Positive Sentiment: Invesco continues promoting QQQ as a leading Nasdaq-100 investment ecosystem, which may support long-term investor interest despite short-term volatility. Brian Hartigan on Why Invesco’s QQQ Suite Stands Out Among Competitors
• Neutral Sentiment: Trading activity was lighter during the Columbus Day session, which can amplify daily moves and makes the latest decline less conclusive as a signal of changing investor conviction. Low Volume Marks Columbus Day Session
• Neutral Sentiment: Articles comparing QQQ with VOO emphasize the trade-off between QQQ’s concentrated growth and technology exposure and VOO’s broader S&P 500 diversification. The comparison is relevant to long-term allocation decisions but is not a direct trading catalyst. QQQ vs VOO | Comparing NASDAQ-100 and S&P 500
• Negative Sentiment: QQQ remained under pressure after U.S. equities weakened broadly, extending the prior session’s decline. The ETF’s high exposure to growth stocks leaves it particularly sensitive to interest-rate expectations, earnings positioning and profit-taking in megacap technology. QQQ ETF Remains Under Pressure on Tuesday
• Negative Sentiment: Investors remain concerned about elevated Magnificent Seven valuations, rising artificial-intelligence capital spending and potential bubble risks ahead of third-quarter earnings, factors that could increase volatility for QQQ. Guide to Magnificent Seven ETF Investing

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.