Pilgrim Partners Asia Pte Ltd lowered its position in Invesco QQQ (NASDAQ:QQQ – Free Report) by 9.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 49,266 shares of the exchange traded fund’s stock after selling 5,384 shares during the quarter. Invesco QQQ makes up approximately 7.2% of Pilgrim Partners Asia Pte Ltd’s portfolio, making the stock its 3rd biggest position. Pilgrim Partners Asia Pte Ltd’s holdings in Invesco QQQ were worth $36,446,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of QQQ. Aviance Capital Partners LLC boosted its stake in shares of Invesco QQQ by 4.4% during the third quarter. Aviance Capital Partners LLC now owns 6,578 shares of the exchange traded fund’s stock worth $4,867,000 after buying an additional 275 shares during the period. Stevens Capital Partners increased its position in Invesco QQQ by 120.4% in the 3rd quarter. Stevens Capital Partners now owns 2,506 shares of the exchange traded fund’s stock valued at $1,854,000 after acquiring an additional 1,369 shares during the period. Royal Harbor Partners LLC increased its position in Invesco QQQ by 4.6% in the 3rd quarter. Royal Harbor Partners LLC now owns 318 shares of the exchange traded fund’s stock valued at $235,000 after acquiring an additional 14 shares during the period. Vise Technologies Inc. acquired a new position in Invesco QQQ in the 3rd quarter valued at about $41,870,000. Finally, Investment Partners LTD. increased its position in Invesco QQQ by 99.3% in the 3rd quarter. Investment Partners LTD. now owns 6,818 shares of the exchange traded fund’s stock valued at $5,044,000 after acquiring an additional 3,397 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.
Invesco QQQ Stock Down 3.5%
QQQ opened at $690.49 on Friday. The business has a 50 day moving average price of $725.00 and a two-hundred day moving average price of $679.01. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $762.86.
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 decrease from Invesco QQQ’s previous quarterly dividend of $0.8135. The ex-dividend date was Monday, September 21st. This represents a $3.01 annualized dividend and a dividend yield of 0.4%.
Invesco QQQ News Roundup
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
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.
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