2,872 Shares of Invesco QQQ $QQQ Acquired by TSG Advice Partners LLC

Key Points

• TSG Advice Partners acquired 2,872 shares of Invesco QQQ during the third quarter, valued at approximately $2.115 million. Institutional investors and hedge funds collectively own 44.58% of QQQ.
• QQQ opened at $681.09 after declining 1.4%, with its price below the 50-day moving average of $724.35 but near the 200-day average of $679.29.
• QQQ’s outlook reflects both potential support from improving risk appetite and seasonal strength, and risks from AI-related valuation concerns and concentration in mega-cap technology stocks. Its quarterly dividend fell to $0.7514, implying an annualized yield of about 0.4%.

TSG Advice Partners LLC acquired a new position in Invesco QQQ (NASDAQ:QQQ - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,872 shares of the exchange traded fund's stock, valued at approximately $2,115,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. High Point Wealth Management LLC increased its position in Invesco QQQ by 68.0% during the 2nd 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 in the last quarter. Parvin Asset Management LLC purchased a new position in Invesco QQQ in the first quarter valued at approximately $28,000. Financial Management Professionals Inc. raised its holdings in Invesco QQQ by 83.3% in the second 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 acquired a new position in Invesco QQQ during the second quarter valued at approximately $44,000. Finally, DecisionPoint Financial LLC lifted its position in Invesco QQQ by 65.0% during the third quarter. DecisionPoint Financial LLC now owns 66 shares of the exchange traded fund's stock valued at $49,000 after buying an additional 26 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Invesco QQQ

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 Trading Down 1.4%

QQQ opened at $681.09 on Tuesday. Invesco QQQ has a 52-week low of $555.60 and a 52-week high of $762.86. The company has a 50 day moving average of $724.35 and a two-hundred day moving average of $679.29.

Invesco QQQ Cuts Dividend

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

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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