Invesco QQQ $QQQ Stock: Kingswood Wealth Advisors LLC Increases Position

Kingswood Wealth Advisors LLC lifted its holdings in Invesco QQQ (NASDAQ:QQQ) by 5.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,426 shares of the exchange traded fund’s stock after acquiring an additional 4,547 shares during the period. Invesco QQQ accounts for about 2.4% of Kingswood Wealth Advisors LLC’s portfolio, making the stock its 4th biggest holding. Kingswood Wealth Advisors LLC’s holdings in Invesco QQQ were worth $62,456,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in Invesco QQQ by 1.0% during the 2nd 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 purchasing an additional 30,083 shares during the period. Analyst IMS Investment Management Services Ltd. lifted its holdings in Invesco QQQ by 0.3% in the 2nd 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 purchasing an additional 4,751 shares in the last quarter. HighTower Advisors LLC boosted its stake in Invesco QQQ by 3.1% in the 2nd quarter. HighTower Advisors LLC now owns 1,230,679 shares of the exchange traded fund’s stock worth $906,272,000 after purchasing an additional 36,923 shares during the period. Janney Montgomery Scott LLC boosted its stake in Invesco QQQ by 1.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 850,685 shares of the exchange traded fund’s stock worth $490,998,000 after purchasing an additional 9,542 shares during the period. Finally, GoalVest Advisory LLC boosted its stake in Invesco QQQ by 20,256.6% in 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 during the period. Institutional investors own 44.58% of the company’s stock.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: Pre-market strength in broad-market ETFs and equity futures suggests a supportive risk-on backdrop for QQQ, while investors anticipate earnings from major technology companies and potential clarity from the Federal Reserve. Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Ahead of Big Tech Earnings, Fed Decision
• Positive Sentiment: One market analysis argues that the bull market is broadening beyond a narrow group of technology leaders, potentially reducing concentration risk and supporting continued gains across QQQ’s holdings. The Bull Market Is Maturing And Broadening
• Neutral Sentiment: QQQ reportedly sold an additional $14.3 million of NVIDIA shares, following a previously reported NVIDIA sale. These transactions appear to reflect fund rebalancing rather than a discretionary bearish call, but they can modestly affect exposure to one of QQQ’s largest holdings. INVESCO QQQ Trust (QQQ) Sells $14.3 Million More NVIDIA on Thursday
• Neutral Sentiment: Reported short interest was zero shares, providing no evidence of an active short-selling overhang; the unusual figure may reflect reporting or data limitations.
• Negative Sentiment: Investors remain concerned that elevated AI spending and valuations may not be matched by sufficient monetization. A disappointing technology earnings season could therefore pressure QQQ, which has benefited substantially from the AI trade. I Was Wrong: This Is Not The Bottom For AI Stocks
• Negative Sentiment: Comparisons with cheaper Nasdaq-100 funds highlight QQQ’s higher expense ratio, which could create a modest long-term drag and encourage some investors to switch, although taxes and transaction costs may outweigh the savings. Forget QQQ: The Company Behind It Runs the Same Index for $30 Less a Year on a $100K Balance

Invesco QQQ Stock Up 1.1%

Shares of QQQ opened at $712.20 on Tuesday. Invesco QQQ has a 1 year low of $555.60 and a 1 year high of $762.86. The company has a 50 day simple moving average of $725.81 and a two-hundred day simple moving average of $676.80.

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 issued a $0.7514 dividend. This represents a $3.01 annualized dividend and a dividend yield of 0.4%. This is a drop from Invesco QQQ’s previous quarterly dividend of $0.8135. The ex-dividend date of this dividend was Monday, September 21st.

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.