955 Invesco QQQ $QQQ Shares Acquired by Fusion Family Wealth LLC

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

A number of other hedge funds also recently modified their holdings of QQQ. High Point Wealth Management LLC raised its position in shares of Invesco QQQ by 68.0% in the 2nd quarter. High Point Wealth Management LLC now owns 42 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 17 shares in the last quarter. Parvin Asset Management LLC bought a new stake in shares of Invesco QQQ during the 1st quarter worth approximately $28,000. Financial Management Professionals Inc. boosted its position in shares of Invesco QQQ by 83.3% during the 2nd quarter. Financial Management Professionals Inc. now owns 55 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 25 shares in the last quarter. CrossGen Wealth LLC boosted its position in shares of Invesco QQQ by 44.7% during the 3rd quarter. CrossGen Wealth LLC now owns 55 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 17 shares in the last quarter. Finally, Bullseye Investment Management LLC acquired a new stake in shares of Invesco QQQ during the 2nd quarter worth approximately $44,000. 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 Performance

Shares of QQQ opened at $647.05 on Friday. Invesco QQQ has a one year low of $555.60 and a one year high of $762.86. The firm has a 50 day simple moving average of $722.27 and a two-hundred day simple moving average of $680.09.

Invesco QQQ Cuts Dividend

The company also recently disclosed 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 is a negative change from Invesco QQQ’s previous quarterly dividend of $0.8135. The ex-dividend date of this dividend was Monday, September 21st. This represents a $3.01 annualized dividend and a dividend yield of 0.5%.

Invesco QQQ 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.