Invesco QQQ $QQQ Shares Sold by Vima LLC

Vima LLC lowered its holdings in Invesco QQQ (NASDAQ:QQQ) by 76.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 729 shares of the exchange traded fund’s stock after selling 2,390 shares during the quarter. Vima LLC’s holdings in Invesco QQQ were worth $540,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Sowell Financial Services LLC increased its stake in shares of Invesco QQQ by 1.2% in the third quarter. Sowell Financial Services LLC now owns 123,436 shares of the exchange traded fund’s stock valued at $91,314,000 after buying an additional 1,462 shares in the last quarter. Lantern Wealth Advisors LLC raised its holdings in shares of Invesco QQQ by 15.8% in the third quarter. Lantern Wealth Advisors LLC now owns 827 shares of the exchange traded fund’s stock valued at $612,000 after buying an additional 113 shares during the last quarter. Murphy Pohlad Asset Management LLC bought a new position in shares of Invesco QQQ in the third quarter valued at about $284,000. Garrett Wealth Advisory Group LLC lifted its position in Invesco QQQ by 10.1% during the 3rd quarter. Garrett Wealth Advisory Group LLC now owns 1,102 shares of the exchange traded fund’s stock worth $815,000 after buying an additional 101 shares in the last quarter. Finally, Manchester Capital Management LLC lifted its position in Invesco QQQ by 2.0% during the 3rd quarter. Manchester Capital Management LLC now owns 2,967 shares of the exchange traded fund’s stock worth $2,195,000 after buying an additional 59 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ opened at $704.40 on Monday. Invesco QQQ has a 12 month low of $555.60 and a 12 month high of $762.86. The company’s 50-day moving average price is $725.57 and its two-hundred day moving average price is $708.91.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Monday, September 21st were paid a $0.7514 dividend. This is a drop 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.

Invesco QQQ News Roundup

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

• Positive Sentiment: Technology stocks had recently led a Nasdaq rebound, supporting QQQ as investors continued to favor major growth companies and AI-related leaders. Technology Stocks Pop, Lead Nasdaq Higher
• Positive Sentiment: QQQ was described as inching higher during Friday’s session, suggesting some dip-buying and stabilization after recent technology-sector volatility. Here’s Why the Invesco QQQ Trust ETF Is Inching Higher Today, October 23
• Neutral Sentiment: The launch of Tuttle Capital’s QQDH, an actively managed ETF using Nasdaq-100 exposure and options strategies, increases the range of competing Nasdaq-focused products but does not directly change QQQ’s holdings or fundamentals. Tuttle Capital Launches QQDH
• Neutral Sentiment: Invesco’s new international-innovator ETF, QQI, may broaden the company’s product lineup, though its higher costs and lower liquidity make it more of a complementary product than a direct replacement for QQQ. Invesco Launches QQI
• Negative Sentiment: Pre-market weakness in equity ETFs and renewed worries that massive AI capital expenditures may not generate adequate returns pressured growth-oriented funds such as QQQ. ETFs and Futures Lower Amid AI Spending Concerns
• Negative Sentiment: A recent technology sell-off and rotation into defensive stocks highlighted investor caution toward elevated technology valuations. Higher interest rates and credit-market concerns also remain headwinds for QQQ’s long-duration growth holdings. Tech Sell-Off Leads to Defensive Stocks

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.