Invesco QQQ $QQQ Stock Purchased by Alaska Permanent Fund Corp

Key Points

• Alaska Permanent Fund Corp increased its QQQ stake by 37.5% in the third quarter, adding 105,531 shares to own 386,727 shares worth approximately $286.1 million. QQQ now represents about 22.4% of the fund’s portfolio and is its second-largest holding.
• Institutional ownership remains significant, with hedge funds and other institutional investors holding approximately 44.58% of QQQ; several major firms also increased their positions.
• QQQ opened at $743.57, down 0.3%, amid pressure on growth and technology stocks. Its quarterly dividend declined to $0.7514 per share, equivalent to an annualized $3.01 and a 0.4% yield.

Alaska Permanent Fund Corp increased its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 37.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 386,727 shares of the exchange traded fund's stock after purchasing an additional 105,531 shares during the period. Invesco QQQ makes up approximately 22.4% of Alaska Permanent Fund Corp's portfolio, making the stock its 2nd biggest holding. Alaska Permanent Fund Corp owned approximately 0.06% of Invesco QQQ worth $286,089,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of QQQ. Corient Private Wealth LLC raised its position in shares of Invesco QQQ by 3,567.7% during the 4th quarter. Corient Private Wealth LLC now owns 21,436,917 shares of the exchange traded fund's stock valued at $13,168,912,000 after buying an additional 20,852,432 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Invesco QQQ by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 3,038,610 shares of the exchange traded fund's stock valued at $2,237,606,000 after purchasing an additional 30,083 shares in the last quarter. Analyst IMS Investment Management Services Ltd. raised its position in Invesco QQQ by 0.3% during the second quarter. Analyst IMS Investment Management Services Ltd. now owns 1,787,559 shares of the exchange traded fund's stock valued at $1,316,358,000 after purchasing an additional 4,751 shares in the last quarter. HighTower Advisors LLC raised its position in Invesco QQQ by 3.1% during the second quarter. HighTower Advisors LLC now owns 1,230,679 shares of the exchange traded fund's stock valued at $906,272,000 after purchasing an additional 36,923 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in Invesco QQQ by 3.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,154,740 shares of the exchange traded fund's stock worth $709,369,000 after purchasing an additional 37,166 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ News Roundup

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 Stock Down 0.3%

Shares of QQQ stock opened at $743.57 on Wednesday. The business has a 50-day moving average price of $726.45 and a two-hundred day moving average price of $701.01. Invesco QQQ has a 12-month low of $555.60 and a 12-month high of $762.86.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Monday, September 21st were issued a dividend of $0.7514 per share. 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 negative change from Invesco QQQ's previous quarterly dividend of $0.8135.

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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