Invesco QQQ $QQQ Shares Sold by Lodestar Private Asset Management LLC

Key Points

• Lodestar Private Asset Management reduced its Invesco QQQ position by 2.6% in the third quarter, selling 1,695 shares and retaining 62,824 shares valued at approximately $46.5 million.
• Institutional interest remained strong, with several investors significantly increasing or initiating QQQ positions; hedge funds and other institutions collectively owned 44.58% of the ETF.
• QQQ shares traded at $725.61, near the fund’s 52-week high, while its quarterly dividend fell to $0.7514 from $0.8135, resulting in an annualized yield of about 0.4%.

Lodestar Private Asset Management LLC cut its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 2.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,824 shares of the exchange traded fund's stock after selling 1,695 shares during the period. Invesco QQQ comprises about 4.0% of Lodestar Private Asset Management LLC's holdings, making the stock its 2nd largest position. Lodestar Private Asset Management LLC's holdings in Invesco QQQ were worth $46,475,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. GoalVest Advisory LLC raised its position in shares of Invesco QQQ by 20,256.6% during the 3rd quarter. GoalVest Advisory LLC now owns 613,955 shares of the exchange traded fund's stock worth $454,185,000 after acquiring an additional 610,939 shares in the last quarter. Corient Private Wealth LP boosted its holdings in 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 purchasing an additional 455,412 shares in the last quarter. Alaska Permanent Fund Corp acquired a new position in Invesco QQQ in the second quarter valued at approximately $207,072,000. Senator Investment Group LP acquired a new position in Invesco QQQ in the second quarter valued at approximately $157,221,000. Finally, Ascentis Wealth Management LLC increased its stake in 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 valued at $143,192,000 after purchasing an additional 194,187 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Up 0.6%

Shares of Invesco QQQ stock opened at $725.61 on Thursday. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $762.86. The firm's 50 day moving average is $725.42 and its two-hundred day moving average is $678.25.

Invesco QQQ Cuts Dividend

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

Invesco QQQ News Roundup

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

• Positive Sentiment: QQQ benefited from a second consecutive advance in the Nasdaq, supported by continued enthusiasm for technology and artificial-intelligence stocks. Nasdaq Advances For Second Straight Day
• Positive Sentiment: Anthropic-related optimism provided a lift for the broader technology sector, reinforcing demand for QQQ’s large-cap technology holdings. Anthropic Gives The Tech Sector A Much-Needed Lift
• Positive Sentiment: QQQ added NVIDIA and Apple shares in a recent portfolio update, increasing exposure to two major artificial-intelligence and technology leaders. INVESCO QQQ Adds NVIDIA and Apple
• Neutral Sentiment: QQQ sold approximately $359.1 million of NVIDIA shares on October 26. The transaction may reflect routine index rebalancing or position management rather than a change in the fund’s long-term outlook. Invesco QQQ Sells NVIDIA
• Neutral Sentiment: Market leadership was mixed, with some broad equity ETFs rising while others declined, suggesting investors remain selective ahead of the Fed announcement. Exchange-Traded Funds, US Equities Mixed After Midday
• Negative Sentiment: Rising Treasury yields, persistent inflation concerns, deficit spending and heavy AI-related borrowing could compress the elevated valuations of QQQ’s growth-oriented holdings. QQQ market information
• Negative Sentiment: Uncertainty surrounding the Fed’s rate decision and comments from policymakers is encouraging caution, while strong economic growth could make near-term rate cuts less likely. Will Robust Q3 GDP Growth Complicate The Inflation Outlook?

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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