Invesco QQQ $QQQ Shares Sold by Balefire LLC

Key Points

• Balefire LLC reduced its Invesco QQQ stake by 9.0% in the third quarter, selling 1,453 shares and retaining 14,712 shares valued at approximately $10.9 million. QQQ remains about 1.7% of the firm’s portfolio and its seventh-largest holding.
• Institutional investors own approximately 44.58% of QQQ, with several firms modestly increasing their positions during the reported periods.
• QQQ opened at $751.27, near its 52-week high of $762.86, while its latest quarterly dividend fell to $0.7514 per share from $0.8135, implying an annualized yield of about 0.4%.

Balefire LLC cut its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 9.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,712 shares of the exchange traded fund's stock after selling 1,453 shares during the quarter. Invesco QQQ accounts for about 1.7% of Balefire LLC's investment portfolio, making the stock its 7th largest holding. Balefire LLC's holdings in Invesco QQQ were worth $10,884,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Heartwood Wealth Advisors LLC grew its holdings in Invesco QQQ by 0.7% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 1,952 shares of the exchange traded fund's stock worth $1,444,000 after acquiring an additional 14 shares during the last quarter. CAP Partners LLC raised its stake in shares of Invesco QQQ by 3.5% during the first quarter. CAP Partners LLC now owns 444 shares of the exchange traded fund's stock valued at $256,000 after acquiring an additional 15 shares during the last quarter. Durante & Waters LLC boosted its holdings in shares of Invesco QQQ by 1.1% during the first quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund's stock worth $822,000 after purchasing an additional 15 shares during the period. Roxbury Financial LLC boosted its holdings in shares of Invesco QQQ by 19.7% during the second quarter. Roxbury Financial LLC now owns 91 shares of the exchange traded fund's stock worth $67,000 after purchasing an additional 15 shares during the period. Finally, GoalVest Advisory LLC grew its stake in shares of Invesco QQQ by 0.5% in the second quarter. GoalVest Advisory LLC now owns 3,016 shares of the exchange traded fund's stock worth $2,221,000 after purchasing an additional 15 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $751.27 on Friday. Invesco QQQ has a 1 year low of $555.60 and a 1 year high of $762.86. The business's 50-day moving average is $725.14 and its 200 day moving average is $698.00.

Invesco QQQ Cuts Dividend

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

More Invesco QQQ News

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

• Positive Sentiment: U.S. equities advanced after midday, providing a favorable backdrop for QQQ’s large technology holdings. Nasdaq strength and AI-led gains continue to support technology-focused ETFs. Exchange-Traded Funds Rise as US Equities Advance After Midday
• Positive Sentiment: A report highlighting ETFs benefiting from the Nasdaq’s breakout reinforces the bullish case for QQQ, as semiconductor and AI stocks remain key market leaders despite elevated Treasury yields. ETFs to Benefit as Nasdaq's Breakthrough Still Matters
• Positive Sentiment: Winebrenner Capital Management increased its QQQ position by 738 shares, or 25.9%, a modest signal of institutional confidence. Winebrenner Capital Management LLC Buys 738 Shares of Invesco QQQ
• Neutral Sentiment: QQQ’s long-term performance remains strong, although comparisons show Vanguard Information Technology ETF (VGT) produced higher returns since ChatGPT’s launch. The difference reflects portfolio composition and risk, rather than a change in QQQ’s holdings. $10,000 in VGT the Day ChatGPT Launched Is Now $30,500
• Neutral Sentiment: Reported short interest was zero shares, implying no measurable short-selling pressure; however, the item’s description of a “significant increase” conflicts with the reported figure, limiting its usefulness as a trading signal.
• Negative Sentiment: Investors are switching from QQQ to a lower-fee fund tracking the same index, raising a potential long-term asset-gathering and fee-competition concern for Invesco. Why Buy-and-Hold Investors Are Switching From QQQ to This Lower-Fee Alternative
• Negative Sentiment: Warnings about potentially higher Treasury yields, additional Federal Reserve tightening, stretched AI valuations and bubble risk could pressure QQQ’s growth-stock holdings by increasing discount rates and reducing risk appetite. Fed Minutes Signal More Tightening Amid Mixed Inflation Data

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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