Invesco QQQ $QQQ Stock: B. Riley Wealth Advisors Inc. Increases Position

Key Points

• B. Riley Wealth Advisors increased its QQQ position by 30.3% in the third quarter, acquiring 8,861 additional shares for a total of 38,131 shares valued at approximately $28.2 million.
• Other institutional investors also raised their holdings, and institutional ownership of QQQ reached 44.58%, indicating substantial participation from funds and wealth managers.
• QQQ opened at $743.57, near its 52-week high, while its quarterly dividend fell to $0.7514 per share from $0.8135. The technology-heavy ETF remains sensitive to interest rates, megacap technology valuations and potential AI-spending or bubble concerns.

B. Riley Wealth Advisors Inc. raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 30.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,131 shares of the exchange traded fund's stock after purchasing an additional 8,861 shares during the period. Invesco QQQ accounts for about 1.0% of B. Riley Wealth Advisors Inc.'s holdings, making the stock its 15th largest holding. B. Riley Wealth Advisors Inc.'s holdings in Invesco QQQ were worth $28,208,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of QQQ. Alaska Permanent Fund Corp boosted its stake in shares of Invesco QQQ by 37.5% during the 3rd quarter. Alaska Permanent Fund Corp now owns 386,727 shares of the exchange traded fund's stock valued at $286,089,000 after purchasing an additional 105,531 shares in the last quarter. Mechanics Bank Trust Department increased its position in shares of Invesco QQQ by 0.4% during the third quarter. Mechanics Bank Trust Department now owns 25,145 shares of the exchange traded fund's stock valued at $18,602,000 after buying an additional 105 shares during the period. Accel Wealth Management increased its position in shares of Invesco QQQ by 10.5% during the third quarter. Accel Wealth Management now owns 11,337 shares of the exchange traded fund's stock valued at $8,386,000 after buying an additional 1,078 shares during the period. Salvus Wealth Management LLC raised its stake in Invesco QQQ by 40.4% in the third quarter. Salvus Wealth Management LLC now owns 719 shares of the exchange traded fund's stock worth $532,000 after buying an additional 207 shares in the last quarter. Finally, Downshift Financial LLC raised its stake in Invesco QQQ by 7.6% in the third quarter. Downshift Financial LLC now owns 640 shares of the exchange traded fund's stock worth $473,000 after buying an additional 45 shares in the last quarter. Institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Performance

Shares of QQQ opened at $743.57 on Wednesday. Invesco QQQ has a one year low of $555.60 and a one year high of $762.86. The company has a 50-day simple moving average of $726.45 and a two-hundred day simple moving average of $701.01.

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 issued a dividend of $0.7514 per share. This is a negative change from Invesco QQQ's previous quarterly dividend of $0.8135. 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%.

Key Invesco QQQ News

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

• Positive Sentiment: Improving market conditions, including lower volatility and a reprieve in oil prices and Treasury yields, helped support risk assets heading into earnings season. Strong software performance and gains in social-media stocks also provided some positive read-through for QQQ’s technology-heavy portfolio. Volatilities Fall On Oil/Yield Reprieve As The S&P Rallies Into Earnings Season
• Positive Sentiment: Invesco continues promoting QQQ as a leading Nasdaq-100 investment ecosystem, which may support long-term investor interest despite short-term volatility. Brian Hartigan on Why Invesco's QQQ Suite Stands Out Among Competitors
• Neutral Sentiment: Trading activity was lighter during the Columbus Day session, which can amplify daily moves and makes the latest decline less conclusive as a signal of changing investor conviction. Low Volume Marks Columbus Day Session
• Neutral Sentiment: Articles comparing QQQ with VOO emphasize the trade-off between QQQ’s concentrated growth and technology exposure and VOO’s broader S&P 500 diversification. The comparison is relevant to long-term allocation decisions but is not a direct trading catalyst. QQQ vs VOO | Comparing NASDAQ-100 and S&P 500
• Negative Sentiment: QQQ remained under pressure after U.S. equities weakened broadly, extending the prior session’s decline. The ETF’s high exposure to growth stocks leaves it particularly sensitive to interest-rate expectations, earnings positioning and profit-taking in megacap technology. QQQ ETF Remains Under Pressure on Tuesday
• Negative Sentiment: Investors remain concerned about elevated Magnificent Seven valuations, rising artificial-intelligence capital spending and potential bubble risks ahead of third-quarter earnings, factors that could increase volatility for QQQ. Guide to Magnificent Seven ETF Investing

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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