Invesco QQQ $QQQ Shares Purchased by Asset Allocation & Management Company LLC

Asset Allocation & Management Company LLC raised its holdings in Invesco QQQ (NASDAQ:QQQ) by 59.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,534 shares of the exchange traded fund’s stock after buying an additional 1,312 shares during the period. Invesco QQQ comprises about 0.9% of Asset Allocation & Management Company LLC’s holdings, making the stock its 22nd largest position. Asset Allocation & Management Company LLC’s holdings in Invesco QQQ were worth $2,107,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in QQQ. Cypress Capital Group increased its holdings in shares of Invesco QQQ by 0.7% in the 3rd quarter. Cypress Capital Group now owns 22,671 shares of the exchange traded fund’s stock valued at $13,611,000 after acquiring an additional 158 shares during the last quarter. Ritter Daniher Financial Advisory LLC DE boosted its holdings in Invesco QQQ by 8,093.8% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 11,963 shares of the exchange traded fund’s stock valued at $7,182,000 after purchasing an additional 11,817 shares in the last quarter. Wealth Management Nebraska increased its stake in Invesco QQQ by 3.3% in the third quarter. Wealth Management Nebraska now owns 1,592 shares of the exchange traded fund’s stock valued at $956,000 after purchasing an additional 51 shares during the last quarter. Benedict Financial Advisors Inc. raised its holdings in Invesco QQQ by 4.0% during the third quarter. Benedict Financial Advisors Inc. now owns 5,378 shares of the exchange traded fund’s stock worth $3,229,000 after purchasing an additional 205 shares in the last quarter. Finally, Smith Asset Management Co. LLC lifted its position in shares of Invesco QQQ by 22.1% during the 3rd quarter. Smith Asset Management Co. LLC now owns 872 shares of the exchange traded fund’s stock worth $524,000 after buying an additional 158 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ News Summary

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

• Positive Sentiment: Hyperscaler AI spending is highlighted as a potential catalyst for QQQ because big cloud/AI capex supports the ETF’s largest holdings and could drive revenue upside across mega-cap names. Hyperscaler AI Spending Plans Could Chart Course for QQQ
• Positive Sentiment: Upcoming mega-cap earnings (Microsoft, Meta, Tesla) are a near-term catalyst: beats or constructive AI/capex guidance could push QQQ toward a breakout given those stocks’ large ETF weights. Mega-Cap Earnings Could Decide the Tech Sector’s Next Big Move
• Positive Sentiment: Hedge-fund and analyst lists highlighting promising QQQ holdings can support inflows if conviction around leading names strengthens. 13 Most Promising QQQ Stocks According to Hedge Funds
• Neutral Sentiment: Investor sentiment surveys show falling pessimism, which is supportive for risk assets but doesn’t guarantee near-term flows into QQQ. AAII Sentiment Survey: Pessimism Tumbles
• Neutral Sentiment: Various market commentaries argue both for and against immediate upside — useful for framing risk but mixed for immediate price action. After A Wild Week, I Still See A Bull Market Ahead
• Negative Sentiment: The Federal Reserve signaled a pause on rate cuts and a wait-and-see FOMC stance, which increases the risk premium on long-duration growth names concentrated in QQQ. Federal Reserve Puts Rate Cuts On Pause
• Negative Sentiment: Rising commodity pressures and concerns that inflation (and long-term rates) could move higher would further pressure tech multiples that drive much of QQQ’s valuation. The Commodity Boom May Send Inflation And Rates Much Higher
• Negative Sentiment: Analyses warning of an AI valuation bubble and the Fed’s tougher policy outlook add downside risk if earnings/guidance disappoint. The Economics Of The AI Bubble

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $629.43 on Friday. The company has a fifty day simple moving average of $619.19 and a 200-day simple moving average of $599.78. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01.

Invesco QQQ Increases Dividend

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

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.