Kwmg LLC Increases Stock Holdings in Invesco QQQ $QQQ

Kwmg LLC lifted its holdings in Invesco QQQ (NASDAQ:QQQ) by 1.6% during the third quarter, Holdings Channel reports. The institutional investor owned 50,830 shares of the exchange traded fund’s stock after acquiring an additional 805 shares during the quarter. Invesco QQQ makes up approximately 2.8% of Kwmg LLC’s investment portfolio, making the stock its 7th biggest position. Kwmg LLC’s holdings in Invesco QQQ were worth $37,603,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of QQQ. Corient Private Wealth LLC grew its holdings in Invesco QQQ by 3,567.7% in the fourth quarter. Corient Private Wealth LLC now owns 21,436,917 shares of the exchange traded fund’s stock worth $13,168,912,000 after purchasing an additional 20,852,432 shares during the period. Align Financial LLC bought a new stake in shares of Invesco QQQ in the 4th quarter worth approximately $78,118,000. GoalVest Advisory LLC boosted its position in shares of Invesco QQQ by 20,256.6% in the 3rd quarter. GoalVest Advisory LLC now owns 613,955 shares of the exchange traded fund’s stock worth $454,185,000 after purchasing an additional 610,939 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Invesco QQQ by 21.4% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 3,025,000 shares of the exchange traded fund’s stock worth $1,858,288,000 after buying an additional 534,000 shares during the last quarter. Finally, Corient Private Wealth LP grew its stake in shares of Invesco QQQ by 506.8% in the 2nd quarter. Corient Private Wealth LP now owns 545,270 shares of the exchange traded fund’s stock worth $401,553,000 after buying an additional 455,412 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Down 0.3%

Invesco QQQ stock traded down $2.49 during mid-day trading on Wednesday, hitting $757.17. The company had a trading volume of 15,149,126 shares, compared to its average volume of 48,187,691. The stock’s 50 day moving average price is $720.67 and its two-hundred day moving average price is $695.30. Invesco QQQ has a 12 month low of $555.60 and a 12 month high of $762.86.

Invesco QQQ Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Monday, September 21st will be paid a $0.7514 dividend. This represents a $3.01 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Monday, September 21st. This is a negative change from Invesco QQQ’s previous quarterly dividend of $0.8135.

More Invesco QQQ News

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

• Positive Sentiment: Technology stocks continued to lead the market, supporting QQQ’s exposure to major Nasdaq-100 constituents. A “risk-on” session and ongoing AI investment remain important catalysts. Markets Take Off As Tech Stocks Rally
• Positive Sentiment: QQQ’s more than 23% year-to-date gain reflects strong momentum in mega-cap technology, AI-related earnings expectations and investor preference for companies with structural growth. What’s Driving QQQ Higher
• Positive Sentiment: Analysts arguing that a U.S. recession is not imminent provide a favorable backdrop for cyclical technology spending, corporate profits and equity valuations. A U.S. Recession Still Isn’t Imminent
• Positive Sentiment: Some investors view AI exposure as a hedge against inflation and believe the technology can support earnings growth even if broader macroeconomic conditions remain uncertain. AI Is the New Inflation Hedge
• Neutral Sentiment: Weak employment data could eventually encourage easier Federal Reserve policy, which would benefit growth stocks, but commentary that the Fed may largely ignore the report limits the immediate bullish impact for QQQ. Employment Report
• Neutral Sentiment: Revised inflation data reportedly do not materially change the Fed’s policy challenge, leaving interest-rate expectations as a continuing source of volatility for high-growth technology stocks. Revised Inflation Data
• Neutral Sentiment: QQQ’s strong five-year performance compared with ARKK highlights the appeal of profitable mega-cap technology, although the comparison is affected by the selected measurement dates. Cathie Wood Discusses ARKK and QQQ
• Negative Sentiment: Recent commentary warns that the AI trade may be forming a bubble. Any disappointment in AI spending, earnings or monetization could trigger profit-taking across QQQ’s concentrated technology holdings. Pop Goes the AI Bubble?
• Negative Sentiment: The Nasdaq’s record levels and declining market breadth have raised concerns that gains are being driven by too few companies, increasing concentration and reversal risk for QQQ. Nasdaq at All-Time Highs
• Negative Sentiment: Credit-market warnings, rising yields and concerns about an increasingly irrational market could pressure richly valued growth stocks if risk appetite deteriorates. Credit Markets Signal a Reckoning

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.