Invesco QQQ $QQQ Stock: Bernardo Wealth Planning LLC Grows Position

Key Points

• Bernardo Wealth Planning LLC nearly doubled its QQQ position in the third quarter, adding 10,205 shares to reach 20,856 shares valued at approximately $15.4 million. QQQ represents 1.3% of the firm’s portfolio, while institutional investors collectively own 44.58% of the fund.
• QQQ opened at $712.20, below its 50-day moving average of $725.81 but above its 200-day average of $676.80; its 52-week trading range is $555.60 to $762.86.
• The fund’s quarterly dividend fell to $0.7514 per share from $0.8135, implying an annualized dividend of $3.01 and a 0.4% yield. Near-term sentiment is supported by broad-market strength and potential technology earnings gains, but elevated AI valuations, spending concerns, and QQQ’s relatively high expense ratio remain risks.

Bernardo Wealth Planning LLC lifted its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 95.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,856 shares of the exchange traded fund's stock after buying an additional 10,205 shares during the period. Invesco QQQ makes up 1.3% of Bernardo Wealth Planning LLC's portfolio, making the stock its 20th biggest position. Bernardo Wealth Planning LLC's holdings in Invesco QQQ were worth $15,429,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Dixon Fnancial Services Inc. raised its stake in Invesco QQQ by 119.9% during the third quarter. Dixon Fnancial Services Inc. now owns 1,834 shares of the exchange traded fund's stock valued at $1,357,000 after buying an additional 1,000 shares in the last quarter. Atlas Private Wealth Advisors increased its holdings in shares of Invesco QQQ by 1.8% in the 3rd quarter. Atlas Private Wealth Advisors now owns 29,200 shares of the exchange traded fund's stock valued at $21,601,000 after acquiring an additional 530 shares during the last quarter. Norris Perne & French LLP MI acquired a new position in Invesco QQQ in the third quarter worth $226,000. Signaturefd LLC increased its stake in Invesco QQQ by 9.9% during the third quarter. Signaturefd LLC now owns 10,707 shares of the exchange traded fund's stock valued at $7,921,000 after purchasing an additional 965 shares during the last quarter. Finally, BG Investment Services LLC acquired a new stake in shares of Invesco QQQ during the third quarter worth $205,000. Institutional investors and hedge funds own 44.58% of the company's stock.

Key Invesco QQQ News

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 Stock Performance

Shares of QQQ stock opened at $712.20 on Tuesday. The business has a 50 day moving average of $725.81 and a two-hundred day moving average of $676.80. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $762.86.

Invesco QQQ Cuts Dividend

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

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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