Invesco QQQ $QQQ Stake Lessened by Fairfield Financial Advisors LTD

Key Points

• Fairfield Financial Advisors reduced its Invesco QQQ stake by 4.3% in the third quarter, selling 2,059 shares and retaining 45,545 shares valued at approximately $33.7 million. QQQ remains 12.2% of the firm’s portfolio and its third-largest holding.
• Other institutional investors generally increased their QQQ positions, while hedge funds and institutions collectively own 44.58% of the ETF.
• QQQ shares opened at $728.95, below their 52-week high of $762.86, and the fund’s quarterly dividend fell to $0.7514 from $0.8135. Its technology-heavy composition remains vulnerable to higher interest rates, weakening market breadth, and concerns over elevated AI spending.

Fairfield Financial Advisors LTD reduced its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 4.3% in 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 45,545 shares of the exchange traded fund's stock after selling 2,059 shares during the period. Invesco QQQ accounts for 12.2% of Fairfield Financial Advisors LTD's portfolio, making the stock its 3rd largest position. Fairfield Financial Advisors LTD's holdings in Invesco QQQ were worth $33,692,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of QQQ. Lodestone Wealth Management LLC grew its position in shares of Invesco QQQ by 8.1% in the 3rd quarter. Lodestone Wealth Management LLC now owns 1,099 shares of the exchange traded fund's stock worth $813,000 after buying an additional 82 shares during the period. N10 Wealth LLC lifted its position in Invesco QQQ by 57.8% during the 3rd quarter. N10 Wealth LLC now owns 800 shares of the exchange traded fund's stock valued at $592,000 after acquiring an additional 293 shares during the period. ABLE Financial Group LLC boosted its stake in Invesco QQQ by 5.2% during the third quarter. ABLE Financial Group LLC now owns 1,488 shares of the exchange traded fund's stock worth $1,101,000 after acquiring an additional 74 shares in the last quarter. Aspen Wealth Management LLC boosted its stake in Invesco QQQ by 91.8% during the third quarter. Aspen Wealth Management LLC now owns 2,820 shares of the exchange traded fund's stock worth $2,087,000 after acquiring an additional 1,350 shares in the last quarter. Finally, Koa Wealth Management LLC grew its holdings in Invesco QQQ by 3.1% in the third quarter. Koa Wealth Management LLC now owns 891 shares of the exchange traded fund's stock worth $659,000 after purchasing an additional 27 shares during the period. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Down 2.0%

Shares of NASDAQ QQQ opened at $728.95 on Thursday. Invesco QQQ has a fifty-two week low of $555.60 and a fifty-two week high of $762.86. The company has a 50 day simple moving average of $726.69 and a two-hundred day simple moving average of $702.10.

Invesco QQQ Cuts Dividend

The business also recently declared 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 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 decrease from Invesco QQQ's previous quarterly dividend of $0.8135.

Key Headlines Impacting Invesco QQQ

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

• Neutral Sentiment: QQQ’s portfolio rules exclude all financial companies and require holdings to be listed on Nasdaq. That leaves the fund heavily tilted toward technology and communications stocks, while excluding banks and other financial firms that can benefit from higher interest rates. Invesco QQQ Doesn't Own a Single Bank, and That's Not the Only Thing the Nasdaq-100 Leaves Out
• Neutral Sentiment: Several articles highlight QQQ’s concentration in mega-cap technology and compare it with broader funds such as the S&P 500-focused VOO. The comparison underscores QQQ’s greater growth potential but also its greater sensitivity to valuation, interest rates, and technology-sector sentiment. QQQ vs VOO
• Negative Sentiment: September inflation readings were described as unexpectedly strong, raising concern that the Federal Reserve could hike rates as soon as October. Higher rates generally weigh on long-duration growth stocks because they reduce the present value of future earnings, creating a direct headwind for QQQ’s holdings. Hot September CPI: Why an October Fed Rate Hike Is Now In Play
• Negative Sentiment: Market breadth has weakened, semiconductor stocks have begun to roll over, and QQQ’s move above the $750 area was followed by a retreat below that level. The failed breakout suggests that buying leadership may be narrowing and increases the risk of a deeper pullback in richly valued technology stocks. Failed Breakout in Tech? 3 Sectors Leading the Market Rotation
• Negative Sentiment: Concerns that large artificial-intelligence infrastructure spending has become excessive are adding pressure to the fund. If tighter monetary policy limits technology companies’ ability to finance AI capital expenditures, expectations for future earnings growth could be reduced. AI CapEx Has a Fed Problem

Invesco QQQ 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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