996 Invesco QQQ $QQQ Shares Purchased by Investment Advisory Services Inc. TX ADV

Investment Advisory Services Inc. TX ADV grew its position in Invesco QQQ (NASDAQ:QQQ) by 1.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 54,853 shares of the exchange traded fund’s stock after buying an additional 996 shares during the period. Invesco QQQ makes up 11.4% of Investment Advisory Services Inc. TX ADV’s portfolio, making the stock its largest position. Investment Advisory Services Inc. TX ADV’s holdings in Invesco QQQ were worth $40,578,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in QQQ. Roman Butler Fullerton & Co. boosted its stake in Invesco QQQ by 17.3% in the 3rd quarter. Roman Butler Fullerton & Co. now owns 3,251 shares of the exchange traded fund’s stock worth $2,336,000 after purchasing an additional 480 shares during the period. Independence Bank of Kentucky increased its holdings in Invesco QQQ by 0.4% during the 3rd quarter. Independence Bank of Kentucky now owns 8,473 shares of the exchange traded fund’s stock worth $6,268,000 after purchasing an additional 34 shares in the last quarter. Angeles Wealth Management LLC increased its holdings in Invesco QQQ by 0.3% during the 3rd quarter. Angeles Wealth Management LLC now owns 5,528 shares of the exchange traded fund’s stock worth $4,093,000 after purchasing an additional 16 shares in the last quarter. Black Diamond Financial LLC increased its holdings in Invesco QQQ by 2.6% during the 3rd quarter. Black Diamond Financial LLC now owns 8,371 shares of the exchange traded fund’s stock worth $6,193,000 after purchasing an additional 210 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. raised its stake in shares of Invesco QQQ by 66.2% in the 3rd quarter. Total Clarity Wealth Management Inc. now owns 3,600 shares of the exchange traded fund’s stock valued at $2,664,000 after purchasing an additional 1,434 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.6%

QQQ stock opened at $725.61 on Thursday. The business has a 50-day moving average of $725.42 and a 200-day moving average of $678.25. Invesco QQQ has a fifty-two week low of $555.60 and a fifty-two week high of $762.86.

Invesco QQQ Cuts Dividend

The business also recently declared 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 is a negative change from Invesco QQQ’s previous quarterly dividend of $0.8135. The ex-dividend date of this dividend was Monday, September 21st. This represents a $3.01 annualized dividend and a dividend yield of 0.4%.

More Invesco QQQ News

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

• Positive Sentiment: QQQ benefited from a second consecutive advance in the Nasdaq, supported by continued enthusiasm for technology and artificial-intelligence stocks. Nasdaq Advances For Second Straight Day
• Positive Sentiment: Anthropic-related optimism provided a lift for the broader technology sector, reinforcing demand for QQQ’s large-cap technology holdings. Anthropic Gives The Tech Sector A Much-Needed Lift
• Positive Sentiment: QQQ added NVIDIA and Apple shares in a recent portfolio update, increasing exposure to two major artificial-intelligence and technology leaders. INVESCO QQQ Adds NVIDIA and Apple
• Neutral Sentiment: QQQ sold approximately $359.1 million of NVIDIA shares on October 26. The transaction may reflect routine index rebalancing or position management rather than a change in the fund’s long-term outlook. Invesco QQQ Sells NVIDIA
• Neutral Sentiment: Market leadership was mixed, with some broad equity ETFs rising while others declined, suggesting investors remain selective ahead of the Fed announcement. Exchange-Traded Funds, US Equities Mixed After Midday
• Negative Sentiment: Rising Treasury yields, persistent inflation concerns, deficit spending and heavy AI-related borrowing could compress the elevated valuations of QQQ’s growth-oriented holdings. QQQ market information
• Negative Sentiment: Uncertainty surrounding the Fed’s rate decision and comments from policymakers is encouraging caution, while strong economic growth could make near-term rate cuts less likely. Will Robust Q3 GDP Growth Complicate The Inflation Outlook?

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.