Alpha Cubed Investments LLC Sells 2,546 Shares of Invesco QQQ $QQQ

Alpha Cubed Investments LLC trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ) by 10.3% during the third quarter, HoldingsChannel reports. The firm owned 22,229 shares of the exchange traded fund’s stock after selling 2,546 shares during the quarter. Alpha Cubed Investments LLC’s holdings in Invesco QQQ were worth $13,345,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Morgan Dempsey Capital Management LLC bought a new position in Invesco QQQ during the second quarter worth about $30,000. Navigoe LLC lifted its holdings in shares of 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 purchasing an additional 45 shares in the last quarter. PayPay Securities Corp lifted its holdings in shares of Invesco QQQ by 78.9% during the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 30 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Invesco QQQ in the 3rd quarter valued at approximately $42,000. Finally, Moser Wealth Advisors LLC increased its stake in Invesco QQQ by 930.0% during the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 93 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

More Invesco QQQ News

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 QQQ stock opened at $629.43 on Friday. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01. The company’s 50 day moving average price is $619.19 and its two-hundred day moving average price is $599.78.

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. The ex-dividend date was Monday, December 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.69. 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.