Invesco QQQ $QQQ Stock Holdings Boosted by Burton Enright Welch

Key Points

• Burton Enright Welch increased its QQQ holdings by 316.9% in the third quarter, buying 1,914 shares to hold 2,518 shares valued at about $1.86 million.
• Several other institutional investors also expanded their positions, and hedge funds and other institutions now own 44.58% of QQQ.
• QQQ’s latest quarterly dividend fell to $0.7514 per share from $0.8135, equivalent to an annualized $3.01 and a 0.5% yield.

Burton Enright Welch lifted its position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 316.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,518 shares of the exchange traded fund's stock after purchasing an additional 1,914 shares during the period. Burton Enright Welch's holdings in Invesco QQQ were worth $1,863,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Dixon Fnancial Services Inc. lifted its position in shares of Invesco QQQ by 119.9% in the 3rd quarter. Dixon Fnancial Services Inc. now owns 1,834 shares of the exchange traded fund's stock worth $1,357,000 after purchasing an additional 1,000 shares during the period. Ascension Capital Advisors Inc. increased its position in shares of Invesco QQQ by 643.8% during the first quarter. Ascension Capital Advisors Inc. now owns 3,094 shares of the exchange traded fund's stock valued at $1,786,000 after buying an additional 2,678 shares during the period. Financial Insights Inc. increased its position in shares of Invesco QQQ by 6.8% during the second quarter. Financial Insights Inc. now owns 29,790 shares of the exchange traded fund's stock valued at $21,938,000 after buying an additional 1,901 shares during the period. First Bancorp Inc ME purchased a new position in shares of Invesco QQQ during the second quarter valued at about $677,000. Finally, RWQ Financial Management Services Inc. increased its position in shares of Invesco QQQ by 87.7% during the third quarter. RWQ Financial Management Services Inc. now owns 14,012 shares of the exchange traded fund's stock valued at $10,366,000 after buying an additional 6,547 shares during the period. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: QQQ rose as several technology stocks recovered, helping lift the Nasdaq-100. Why Is Invesco QQQ Trust Rising Today, Nov. 6?
• Positive Sentiment: Broad U.S. equity ETFs advanced after midday, providing a supportive market backdrop for QQQ. Exchange-Traded Funds Higher as US Equities Advance After Midday
• Positive Sentiment: QQQ added to its Apple and NVIDIA positions on Nov. 4, increasing exposure to two major index constituents, though the fund’s purchases are not a separate earnings catalyst. INVESCO QQQ (QQQ) Adds Apple and NVIDIA on Nov. 4
• Neutral Sentiment: October job growth exceeded expectations. A resilient economy may support company demand, but it could also keep interest rates higher, a potential headwind for growth-stock valuations. Exchange-Traded Funds Higher, Equity Futures Mixed as US October Jobs Rise More than Expected
• Negative Sentiment: Recent selling in AI and semiconductor stocks remains a risk for QQQ, given the index’s substantial technology exposure. QQQ and SMH sink as chip stocks have worst day since 2020
• Negative Sentiment: Ongoing concerns about AI-sector volatility and broader market headwinds could make the rebound fragile. Q4 QQQ Roadmap: Navigating AI Turbulence & Market Headwinds

Invesco QQQ Price Performance

QQQ stock opened at $656.10 on Monday. Invesco QQQ has a 1 year low of $555.60 and a 1 year high of $762.86. The firm has a 50-day moving average of $720.97 and a 200 day moving average of $680.33.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Monday, September 21st were given a dividend of $0.7514 per share. This represents a $3.01 annualized dividend and a yield of 0.5%. 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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