Genesee Capital Advisors LLC Has $11.14 Million Stock Holdings in Invesco QQQ $QQQ

Genesee Capital Advisors LLC boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 8.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,550 shares of the exchange traded fund’s stock after purchasing an additional 1,479 shares during the period. Invesco QQQ comprises 4.8% of Genesee Capital Advisors LLC’s holdings, making the stock its 3rd biggest holding. Genesee Capital Advisors LLC’s holdings in Invesco QQQ were worth $11,137,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Principle Wealth Partners LLC boosted its position in shares of Invesco QQQ by 17.3% during the third quarter. Principle Wealth Partners LLC now owns 15,534 shares of the exchange traded fund’s stock valued at $9,326,000 after buying an additional 2,296 shares during the period. Stablepoint Partners LLC lifted its stake in shares of Invesco QQQ by 9.7% during the 3rd quarter. Stablepoint Partners LLC now owns 4,302 shares of the exchange traded fund’s stock worth $2,583,000 after acquiring an additional 381 shares during the last quarter. Investment Advisory Group LLC lifted its stake in shares of Invesco QQQ by 8.1% during the 3rd quarter. Investment Advisory Group LLC now owns 6,191 shares of the exchange traded fund’s stock worth $3,717,000 after acquiring an additional 465 shares during the last quarter. Marino Stram & Associates LLC boosted its holdings in Invesco QQQ by 6.3% during the 3rd quarter. Marino Stram & Associates LLC now owns 9,359 shares of the exchange traded fund’s stock valued at $5,619,000 after acquiring an additional 553 shares during the period. Finally, Phoenix Financial Ltd. boosted its holdings in Invesco QQQ by 1.6% during the 3rd quarter. Phoenix Financial Ltd. now owns 150,399 shares of the exchange traded fund’s stock valued at $90,361,000 after acquiring an additional 2,440 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about 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 Trading Up 0.9%

QQQ stock opened at $631.13 on Wednesday. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01. The business’s fifty day simple moving average is $617.65 and its two-hundred day simple moving average is $599.34.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors 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%. The ex-dividend date was Monday, December 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.69.

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.