2,550 Invesco QQQ $QQQ Shares Acquired by Garde Capital Inc.

Key Points

• Garde Capital increased its Invesco QQQ stake by 7.1% in the third quarter, adding 2,550 shares to own 38,301 shares valued at approximately $28.3 million.
• QQQ opened at $681.09, with a 52-week range of $555.60 to $762.86; the ETF recently reduced its quarterly dividend to $0.7514 from $0.8135, resulting in an annualized yield of about 0.4%.
• QQQ’s technology and AI-heavy concentration offers growth potential but also exposes investors to risks from stretched valuations, AI spending concerns and declines in mega-cap technology stocks.

Garde Capital Inc. lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 7.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 38,301 shares of the exchange traded fund's stock after acquiring an additional 2,550 shares during the period. Invesco QQQ accounts for approximately 1.6% of Garde Capital Inc.'s portfolio, making the stock its 16th biggest position. Garde Capital Inc.'s holdings in Invesco QQQ were worth $28,334,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. High Point Wealth Management LLC raised its stake in Invesco QQQ by 68.0% during the second quarter. High Point Wealth Management LLC now owns 42 shares of the exchange traded fund's stock worth $31,000 after purchasing an additional 17 shares during the period. Parvin Asset Management LLC acquired a new position in Invesco QQQ in the 1st quarter valued at about $28,000. Financial Management Professionals Inc. grew its stake in shares of Invesco QQQ by 83.3% in the 2nd quarter. Financial Management Professionals Inc. now owns 55 shares of the exchange traded fund's stock valued at $41,000 after buying an additional 25 shares during the period. Bullseye Investment Management LLC purchased a new stake in shares of Invesco QQQ in the 2nd quarter valued at approximately $44,000. Finally, DecisionPoint Financial LLC increased its holdings in shares of Invesco QQQ by 65.0% during the 3rd quarter. DecisionPoint Financial LLC now owns 66 shares of the exchange traded fund's stock worth $49,000 after buying an additional 26 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company's stock.

More Invesco QQQ News

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

• Positive Sentiment: Some market commentary argues that the broader bear market may be ending rather than beginning, which could support QQQ’s growth-oriented holdings if risk appetite improves. The Bear Market Is Ending, Not Beginning
• Positive Sentiment: Historical comparisons continue to highlight QQQ’s stronger long-term growth relative to the S&P 500-tracking SPY, reinforcing its appeal to investors seeking greater exposure to technology and communications companies. There's a $12,000 Reason to Consider Investing in QQQ Over SPY, but It Comes With a Caveat
• Positive Sentiment: A discussion of QQQ’s performance after a weak October suggests that historical November trends could provide a near-term seasonal tailwind, although past performance is not a guarantee. QQQ After A -6.7% October: What History Says About November
• Neutral Sentiment: Comparisons with Vanguard Information Technology ETF (VGT) frame QQQ as a tech-heavy but broader Nasdaq-100 fund; the choice depends on desired diversification, sector exposure and risk. VGT vs. QQQ: Which Tech ETF Is the Better Long-Term Buy?
• Neutral Sentiment: Broad U.S. equity ETFs moved higher during the session, providing a generally supportive market backdrop, but the report did not identify a QQQ-specific catalyst. Exchange-Traded Funds Higher as US Equities Rise After Midday
• Negative Sentiment: Several articles warn that the AI trade may be confronting reality, including stretched valuations, heavy spending requirements and credit-market risks. Those concerns are particularly important for QQQ because many of its largest holdings are AI beneficiaries. The AI Bubble Ran Into Reality Last Week The Credit Market's Warning Is Coming Back To Haunt AI Stocks
• Negative Sentiment: QQQ’s concentration in a small number of mega-cap companies—and significant exposure to Apple—can amplify downside when investors reduce positions in high-growth technology stocks. Fidelity's Broader Nasdaq ETF Has a Surprise for QQQ Investors: Even More Apple

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $681.09 on Tuesday. The company has a 50 day simple moving average of $724.35 and a 200-day simple moving average of $679.29. Invesco QQQ has a 1 year low of $555.60 and a 1 year high of $762.86.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Monday, September 21st were given a $0.7514 dividend. The ex-dividend date was Monday, September 21st. This is a negative change from Invesco QQQ's previous quarterly dividend of $0.8135. This represents a $3.01 annualized dividend and a yield of 0.4%.

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.

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