AIA Group Ltd Sells 80,290 Shares of Invesco QQQ $QQQ

Key Points

• AIA Group reduced its Invesco QQQ stake by 10.9% in the third quarter, selling 80,290 shares. It retained 653,872 shares worth about $483.7 million, its third-largest holding.
• Institutional investors showed mixed activity: several increased their QQQ positions, and hedge funds and other institutions collectively held 44.58% of the fund’s shares.
• QQQ faces pressure from a Nasdaq-100 correction and concerns about AI and chip stocks. Its latest quarterly dividend also fell to $0.7514 per share from $0.8135.

AIA Group Ltd decreased its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 10.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 653,872 shares of the exchange traded fund's stock after selling 80,290 shares during the quarter. Invesco QQQ comprises 6.0% of AIA Group Ltd's holdings, making the stock its 3rd largest holding. AIA Group Ltd owned approximately 0.10% of Invesco QQQ worth $483,715,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QQQ. Envestnet Asset Management Inc. raised its position in Invesco QQQ by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 3,038,610 shares of the exchange traded fund's stock valued at $2,237,606,000 after purchasing an additional 30,083 shares during the period. Analyst IMS Investment Management Services Ltd. boosted its position in shares of Invesco QQQ by 0.3% during the second quarter. Analyst IMS Investment Management Services Ltd. now owns 1,787,559 shares of the exchange traded fund's stock worth $1,316,358,000 after buying an additional 4,751 shares during the period. HighTower Advisors LLC boosted its position in shares of Invesco QQQ by 3.1% during the second quarter. HighTower Advisors LLC now owns 1,230,679 shares of the exchange traded fund's stock worth $906,272,000 after buying an additional 36,923 shares during the period. GoalVest Advisory LLC boosted its position in shares of Invesco QQQ by 20,256.6% during the third quarter. GoalVest Advisory LLC now owns 613,955 shares of the exchange traded fund's stock worth $454,185,000 after buying an additional 610,939 shares during the period. Finally, Corient Private Wealth LP grew its stake in shares of Invesco QQQ by 506.8% in the second quarter. Corient Private Wealth LP now owns 545,270 shares of the exchange traded fund's stock valued at $401,553,000 after buying an additional 455,412 shares in the last quarter. Hedge funds and other institutional investors 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: There is a potential seasonal tailwind: historical analysis cited in this article found the S&P 500 rose from November through April in all 19 midterm-election years since 1950. The piece argues the period after the midterms could favor broad equity ETFs, including QQQ. Article: The Stock Market Has Boomed After the Last 19 Midterms
• Positive Sentiment: Another outlook frames the pullback as a possible entry point, citing seasonality and favorable risk-reward opportunities in core infrastructure stocks. This offers a counterpoint to concerns about AI valuations, though it does not establish that a rebound is imminent. Article: Q4 QQQ Roadmap: Navigating AI Turbulence & Market Headwinds
• Neutral Sentiment: U.S. equities were mixed after midday, with some broad-market ETFs higher. That suggests the weakness is concentrated in parts of the market rather than a uniform selloff, but provides no clear QQQ-specific catalyst. Article: Exchange-Traded Funds Higher, US Equities Mixed After Midday
• Negative Sentiment: The Nasdaq-100 has entered a technical correction, falling more than 10% from its October high. Reports point to investor worries about AI-sector growth and a sharp retreat in chip stocks—significant risks for QQQ given its heavy exposure to large technology companies. Article: Nasdaq 100 and QQQ have sunk into a correction
• Negative Sentiment: AI stocks reportedly lost substantial value over three weeks, while hedge funds reduced exposure to the sector. If that retreat continues, it could add selling pressure to QQQ’s growth-heavy holdings. Article: AI Stocks Lose $5 Trillion in 3 Weeks as Hedge Funds Go Underweight AI

Invesco QQQ Stock Up 0.6%

Shares of NASDAQ QQQ opened at $685.28 on Wednesday. Invesco QQQ has a twelve month low of $555.60 and a twelve month high of $762.86. The stock has a fifty day simple moving average of $723.93 and a 200-day simple moving average of $679.61.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Monday, September 21st were given a $0.7514 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $3.01 annualized dividend and a yield of 0.4%. This is a decrease 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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