Ballentine Partners LLC Acquires 869 Shares of Invesco QQQ $QQQ

Ballentine Partners LLC lifted its holdings in Invesco QQQ (NASDAQ:QQQ) by 3.0% in the 3rd quarter, Holdings Channel reports. The firm owned 29,734 shares of the exchange traded fund’s stock after buying an additional 869 shares during the quarter. Ballentine Partners LLC’s holdings in Invesco QQQ were worth $17,852,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Morgan Dempsey Capital Management LLC bought a new stake in shares of Invesco QQQ during the 2nd quarter worth about $30,000. Navigoe LLC lifted its holdings in Invesco QQQ by 300.0% in the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 45 shares during the last quarter. PayPay Securities Corp boosted its position in Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 30 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in Invesco QQQ during the third quarter valued at approximately $42,000. Finally, Moser Wealth Advisors LLC raised its position in shares of Invesco QQQ by 930.0% in the second quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 93 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: Tech rebound and earnings momentum are supporting large-cap growth names that dominate QQQ; this helped sentiment for the ETF. Tech Rebound Soothes Greenland-Induced Shivers, Earnings Season Hits Stride
• Positive Sentiment: Analysis arguing the Fed should hold steady in January reduces short-term rate-uncertainty and is constructive for growth/style factors concentrated in QQQ. The Fed Should Hold Steady In January
• Neutral Sentiment: Reports about potential U.S. Treasury/FX intervention to support the yen could stabilize cross‑border flows; impact on QQQ depends on whether dollar moves reverse (which would affect big-cap multinationals). Hints Of U.S. Treasury Intervention To Support The Yen
• Neutral Sentiment: Coverage flagging risks in the yen carry trade highlights cross‑asset volatility risk; this can intermittently pressure risk assets but is not a direct tech-sector story. The Yen Carry Trade May Be Entering A Dangerous Phase
• Negative Sentiment: US consumer sentiment has slid and consumer pressures are mounting — a headwind for ad-driven and consumer-facing tech companies in QQQ. U.S. Sentiment Slides Again As Consumer Pressures Mount
• Negative Sentiment: Multiple pieces warn a U.S. government shutdown is looming; political dysfunction and funding uncertainty typically raise risk‑off flows that could weigh on QQQ. Shutdown Looms After ICE Storm And The American Government Is Already Low On Trust
• Negative Sentiment: Safe-haven buying (gold moving higher, dollar softening) signals some investors are hedging risk; this rotation can sap momentum from growth/tech rallies like QQQ’s. Gold Up, Dollar Down

Invesco QQQ Stock Up 0.9%

NASDAQ QQQ opened at $631.13 on Wednesday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The company has a fifty day simple moving average of $617.65 and a 200 day simple moving average of $599.34.

Invesco QQQ Increases Dividend

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

Invesco QQQ 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.