Invesco QQQ $QQQ Stock Holdings Cut by Client First Capital LLC

Key Points

• Client First Capital LLC reduced its Invesco QQQ stake by 5.6% in the third quarter, selling 4,328 shares and retaining 72,519 shares valued at approximately $53.6 million. QQQ remains the fund’s largest holding, representing 21.3% of its portfolio.
• QQQ opened at $704.40, with a 12-month range of $555.60 to $762.86; its 50-day and 200-day moving averages were $725.57 and $708.07, respectively.
• Invesco QQQ paid a quarterly dividend of $0.7514, down from $0.8135 previously, equating to an annualized dividend of about $3.01 and a 0.4% yield. Technology-sector volatility, AI-spending concerns, elevated valuations, and higher rates remain key risks for the fund.

Client First Capital LLC decreased its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 5.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,519 shares of the exchange traded fund's stock after selling 4,328 shares during the period. Invesco QQQ comprises about 21.3% of Client First Capital LLC's holdings, making the stock its largest holding. Client First Capital LLC's holdings in Invesco QQQ were worth $53,647,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Heartwood Wealth Advisors LLC grew its stake in shares of Invesco QQQ by 0.7% during the third quarter. Heartwood Wealth Advisors LLC now owns 1,952 shares of the exchange traded fund's stock worth $1,444,000 after buying an additional 14 shares during the last quarter. Sherman Wealth Management LLC increased its holdings in shares of Invesco QQQ by 0.8% during the third quarter. Sherman Wealth Management LLC now owns 1,702 shares of the exchange traded fund's stock worth $1,259,000 after buying an additional 14 shares in the last quarter. CAP Partners LLC lifted its stake in shares of Invesco QQQ by 3.5% in the 1st quarter. CAP Partners LLC now owns 444 shares of the exchange traded fund's stock valued at $256,000 after acquiring an additional 15 shares during the last quarter. Durante & Waters LLC lifted its stake in shares of Invesco QQQ by 1.1% in the 1st quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund's stock valued at $822,000 after acquiring an additional 15 shares during the last quarter. Finally, Roxbury Financial LLC lifted its stake in shares of Invesco QQQ by 19.7% in the 2nd quarter. Roxbury Financial LLC now owns 91 shares of the exchange traded fund's stock valued at $67,000 after acquiring an additional 15 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company's stock.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $704.40 on Friday. Invesco QQQ has a twelve month low of $555.60 and a twelve month high of $762.86. The business's fifty day moving average is $725.57 and its 200 day moving average is $708.07.

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 $0.7514 dividend. This represents a $3.01 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, September 21st. This is a drop from Invesco QQQ's previous quarterly dividend of $0.8135.

More Invesco QQQ News

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

• Positive Sentiment: Technology stocks had recently led a Nasdaq rebound, supporting QQQ as investors continued to favor major growth companies and AI-related leaders. Technology Stocks Pop, Lead Nasdaq Higher
• Positive Sentiment: QQQ was described as inching higher during Friday’s session, suggesting some dip-buying and stabilization after recent technology-sector volatility. Here’s Why the Invesco QQQ Trust ETF Is Inching Higher Today, October 23
• Neutral Sentiment: The launch of Tuttle Capital’s QQDH, an actively managed ETF using Nasdaq-100 exposure and options strategies, increases the range of competing Nasdaq-focused products but does not directly change QQQ’s holdings or fundamentals. Tuttle Capital Launches QQDH
• Neutral Sentiment: Invesco’s new international-innovator ETF, QQI, may broaden the company’s product lineup, though its higher costs and lower liquidity make it more of a complementary product than a direct replacement for QQQ. Invesco Launches QQI
• Negative Sentiment: Pre-market weakness in equity ETFs and renewed worries that massive AI capital expenditures may not generate adequate returns pressured growth-oriented funds such as QQQ. ETFs and Futures Lower Amid AI Spending Concerns
• Negative Sentiment: A recent technology sell-off and rotation into defensive stocks highlighted investor caution toward elevated technology valuations. Higher interest rates and credit-market concerns also remain headwinds for QQQ’s long-duration growth holdings. Tech Sell-Off Leads to Defensive Stocks

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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