Invesco QQQ $QQQ Stock: Sax Wealth Advisors LLC Increases Stake

Posted by Francis Steltz on Oct 13th, 2026

Sax Wealth Advisors LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 16.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 20,921 shares of the exchange traded fund’s stock after buying an additional 2,973 shares during the period. Sax Wealth Advisors LLC’s holdings in Invesco QQQ were worth $15,477,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Flatrock Wealth Partners LLC acquired a new position in Invesco QQQ during the 1st quarter worth approximately $924,000. Hegarty Advisors LLC acquired a new position in Invesco QQQ during the first quarter worth $2,212,000. Ascension Capital Advisors Inc. boosted its stake in shares of Invesco QQQ by 643.8% during the 1st quarter. Ascension Capital Advisors Inc. now owns 3,094 shares of the exchange traded fund’s stock worth $1,786,000 after buying an additional 2,678 shares during the last quarter. Financial Insights Inc. grew its holdings in shares of Invesco QQQ by 6.8% in the 2nd quarter. Financial Insights Inc. now owns 29,790 shares of the exchange traded fund’s stock valued at $21,938,000 after acquiring an additional 1,901 shares in the last quarter. Finally, First Bancorp Inc ME bought a new position in Invesco QQQ in the second quarter valued at approximately $677,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ traded down $3.83 during midday trading on Tuesday, hitting $742.21. The stock had a trading volume of 15,725,996 shares, compared to its average volume of 47,826,102. Invesco QQQ has a 12 month low of $555.60 and a 12 month high of $762.86. The business’s 50-day simple moving average is $726.06 and its 200-day simple moving average is $699.91.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Monday, September 21st were paid a $0.7514 dividend. This is a negative change from Invesco QQQ’s previous quarterly dividend of $0.8135. This represents a $3.01 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, September 21st.

Key Headlines Impacting Invesco QQQ

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

Positive Sentiment: Falling volatility, easing oil prices and a reprieve in bond yields supported broader equities and could provide a favorable backdrop for QQQ’s technology-heavy portfolio. Volatilities Fall On Oil/Yield Reprieve As The S&P Rallies Into Earnings Season
Positive Sentiment: Analysts remain constructive on equities despite persistent “walls of worry,” suggesting that strong earnings or improving sentiment could continue to support major Nasdaq constituents. The Wall Of Worry Still Points To Higher Prices
Positive Sentiment: Invesco highlighted the QQQ product ecosystem and its leadership in innovation-focused ETFs, reinforcing the fund’s appeal to investors seeking exposure to secular technology trends. Brian Hartigan on Why Invesco’s QQQ Suite Stands Out Among Competitors
Neutral Sentiment: Trading activity was unusually light during the Columbus Day session, which can exaggerate daily moves and makes the decline less indicative of a decisive change in investor positioning. Low Volume Marks Columbus Day Session
Neutral Sentiment: Coverage of QQQ’s daily performance focused on normal market sensitivity to Nasdaq-100 constituents and broader market conditions rather than a company-specific development. Why Is Invesco QQQ Trust ETF (QQQ) Down Today, Oct. 12?
Negative Sentiment: Investors are preparing for upcoming CPI, PPI and third-quarter earnings reports, raising the risk of renewed rate and valuation volatility for QQQ’s growth-oriented holdings. CPI, PPI, And Q3 Earnings Soon, October Could End Roughly
Negative Sentiment: Concerns about elevated technology valuations, rising AI capital spending and potential bubble risks may be limiting enthusiasm for the Magnificent Seven and other major QQQ holdings. Guide to Magnificent Seven ETF Investing
Negative Sentiment: Some market observers are raising cash ahead of the midterm elections and warning that stressed debt markets could create additional pressure on risk assets, including growth-focused ETFs. Brace Yourself For The Midterms, I’m Raising Cash

About Invesco QQQ

(Free Report)

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.