Invesco QQQ $QQQ Shares Acquired by Kingswood Wealth Advisors LLC

Key Points

• Kingswood Wealth Advisors increased its QQQ stake by 5.7% in the third quarter, holding 84,426 shares valued at approximately $62.5 million; QQQ represents 2.4% of its portfolio.
• Other institutional investors also expanded their positions, with institutional ownership reaching 44.58% of QQQ’s outstanding shares.
• QQQ opened at $712.20, below its 50-day moving average of $725.81, while its quarterly dividend declined to $0.7514 from $0.8135, implying a 0.4% annualized yield.

Kingswood Wealth Advisors LLC grew its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 5.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 84,426 shares of the exchange traded fund's stock after acquiring an additional 4,547 shares during the quarter. Invesco QQQ comprises about 2.4% of Kingswood Wealth Advisors LLC's investment portfolio, making the stock its 4th biggest holding. Kingswood Wealth Advisors LLC's holdings in Invesco QQQ were worth $62,456,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. GoalVest Advisory LLC grew its position in Invesco QQQ by 20,256.6% in the 3rd quarter. GoalVest Advisory LLC now owns 613,955 shares of the exchange traded fund's stock worth $454,185,000 after purchasing an additional 610,939 shares during the period. Corient Private Wealth LP lifted its holdings in shares of Invesco QQQ by 506.8% during the 2nd 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 during the period. Alaska Permanent Fund Corp bought a new position in shares of Invesco QQQ during the 2nd quarter valued at $207,072,000. Senator Investment Group LP bought a new stake in shares of Invesco QQQ in the second quarter worth $157,221,000. Finally, Ascentis Wealth Management LLC grew its holdings in shares of Invesco QQQ by 74,117.2% in the second quarter. Ascentis Wealth Management LLC now owns 194,449 shares of the exchange traded fund's stock worth $143,192,000 after acquiring an additional 194,187 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ News Roundup

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

• Positive Sentiment: Pre-market strength in broad-market ETFs and equity futures suggests a supportive risk-on backdrop for QQQ, while investors anticipate earnings from major technology companies and potential clarity from the Federal Reserve. Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Ahead of Big Tech Earnings, Fed Decision
• Positive Sentiment: One market analysis argues that the bull market is broadening beyond a narrow group of technology leaders, potentially reducing concentration risk and supporting continued gains across QQQ’s holdings. The Bull Market Is Maturing And Broadening
• Neutral Sentiment: QQQ reportedly sold an additional $14.3 million of NVIDIA shares, following a previously reported NVIDIA sale. These transactions appear to reflect fund rebalancing rather than a discretionary bearish call, but they can modestly affect exposure to one of QQQ’s largest holdings. INVESCO QQQ Trust (QQQ) Sells $14.3 Million More NVIDIA on Thursday
• Neutral Sentiment: Reported short interest was zero shares, providing no evidence of an active short-selling overhang; the unusual figure may reflect reporting or data limitations.
• Negative Sentiment: Investors remain concerned that elevated AI spending and valuations may not be matched by sufficient monetization. A disappointing technology earnings season could therefore pressure QQQ, which has benefited substantially from the AI trade. I Was Wrong: This Is Not The Bottom For AI Stocks
• Negative Sentiment: Comparisons with cheaper Nasdaq-100 funds highlight QQQ’s higher expense ratio, which could create a modest long-term drag and encourage some investors to switch, although taxes and transaction costs may outweigh the savings. Forget QQQ: The Company Behind It Runs the Same Index for $30 Less a Year on a $100K Balance

Invesco QQQ Price Performance

QQQ stock opened at $712.20 on Tuesday. The business's 50-day moving average is $725.81 and its two-hundred day moving average is $676.80. Invesco QQQ has a fifty-two week low of $555.60 and a fifty-two week high of $762.86.

Invesco QQQ Cuts Dividend

The business also recently declared 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 was Monday, September 21st. This is a negative change from Invesco QQQ's previous quarterly dividend of $0.8135. This represents a $3.01 dividend on an annualized basis and a yield of 0.4%.

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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