Formulate Financial LLC Takes Position in Invesco QQQ $QQQ

Formulate Financial LLC bought a new position in Invesco QQQ (NASDAQ:QQQ) during the 3rd quarter, Holdings Channel.com reports. The fund bought 19,186 shares of the exchange traded fund’s stock, valued at approximately $11,519,000. Invesco QQQ makes up approximately 14.3% of Formulate Financial LLC’s holdings, making the stock its 2nd biggest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Morgan Dempsey Capital Management LLC bought a new stake in shares of Invesco QQQ in the second quarter worth about $30,000. Navigoe LLC grew its holdings in Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 45 shares in the last quarter. PayPay Securities Corp increased its stake in Invesco QQQ by 78.9% in the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 30 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Invesco QQQ during the 3rd quarter worth approximately $42,000. Finally, Moser Wealth Advisors LLC boosted its position in shares of Invesco QQQ by 930.0% during the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 93 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ News Roundup

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

• Positive Sentiment: Investor reaction to an RBC upgrade of Invesco (IVZ) and commentary about a business-mix shift is supporting sentiment for Invesco-managed ETFs, which can lift demand for QQQ as investors favor large-cap growth exposure. Read More.
• Neutral Sentiment: ETF roundups recommending buy-and-hold ETF strategies can boost flows into benchmark funds; coverage that highlights broad ETF allocations may indirectly support QQQ if readers allocate to large-cap tech/growth ETFs. Read More.
• Neutral Sentiment: A corporate press release about Questcorp Mining’s advisory-board appointment is unrelated to the Invesco QQQ ETF and is unlikely to affect QQQ flows or price. Read More.
• Negative Sentiment: Analysis warning of a “defiantly hawkish pause” by the Fed raises the risk that higher-for-longer rates will weigh on high-multiple growth names concentrated in QQQ. Read More.
• Negative Sentiment: Articles flagging tightening liquidity and potential credit-quality issues (so-called “garbage loans”) increase downside risk for risk assets; tighter funding and credit stress are negatives for growth-oriented ETFs like QQQ. Read More. Read More.
• Negative Sentiment: Macro outlook pieces forecasting a flat 2026 or highlighting geopolitical/market risks (e.g., Japan-related vulnerabilities) imply limited upside for broad equity indices and could dampen QQQ performance if those risks materialize. Read More. Read More.

Invesco QQQ Price Performance

QQQ stock opened at $625.46 on Tuesday. The firm has a fifty day moving average price of $616.95 and a 200 day moving average price of $598.80. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were issued a $0.7941 dividend. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date was Monday, December 22nd. This represents a $3.18 dividend on an annualized basis and a dividend yield of 0.5%.

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.