Nisa Investment Advisors LLC Acquires 14,693 Shares of Invesco QQQ $QQQ

Nisa Investment Advisors LLC grew its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 10.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 153,385 shares of the exchange traded fund’s stock after acquiring an additional 14,693 shares during the period. Invesco QQQ comprises approximately 0.3% of Nisa Investment Advisors LLC’s holdings, making the stock its 26th biggest holding. Nisa Investment Advisors LLC’s holdings in Invesco QQQ were worth $113,561,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Flatrock Wealth Partners LLC acquired a new position in Invesco QQQ in the first quarter worth $924,000. Hegarty Advisors LLC bought a new stake in Invesco QQQ during the first quarter valued at $2,212,000. Ascension Capital Advisors Inc. increased its stake in Invesco QQQ by 643.8% during the first quarter. Ascension Capital Advisors Inc. now owns 3,094 shares of the exchange traded fund’s stock valued at $1,786,000 after purchasing an additional 2,678 shares during the last quarter. Financial Insights Inc. increased its stake in Invesco QQQ by 6.8% during the second quarter. Financial Insights Inc. now owns 29,790 shares of the exchange traded fund’s stock valued at $21,938,000 after purchasing an additional 1,901 shares during the last quarter. Finally, First Bancorp Inc ME acquired a new stake in shares of Invesco QQQ during the second quarter worth $677,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Key Headlines Impacting Invesco QQQ

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

  • Positive Sentiment: QQQ’s exposure to NVIDIA is a key potential support, with the semiconductor giant identified as the leading purchase in recent fund activity. Continued investor demand for AI infrastructure stocks could lift the ETF. What Invesco QQQ Bought: NVIDIA Leads on Oct. 19
  • Positive Sentiment: Technology futures rose, supporting QQQ, as strong results from SpaceX boosted enthusiasm for growth and technology shares. Upcoming Meta and Tesla earnings could provide additional catalysts because both companies are major Nasdaq-100 holdings. Stock Market Today: Tech Futures Rise With SpaceX Earnings
  • Positive Sentiment: Broad U.S. equities advanced in midday trading, indicating that buying interest extended beyond a narrow group of technology names and provided a supportive backdrop for QQQ. Exchange-Traded Funds Gain as US Equities Advance After Midday
  • Neutral Sentiment: Recent reports describe choppy trading and an uneven market response to higher rates. This leaves QQQ sensitive to bond yields: stable or falling yields would help, while further rate increases could pressure its growth-oriented holdings. Market’s Uneven Response To Higher Rates
  • Negative Sentiment: Several commentaries warn that AI valuations may represent a bubble or the late stage of a boom. Such concerns could trigger profit-taking in highly valued QQQ constituents, particularly AI-related chip and cloud companies. Ken Griffin: There Are “Almost Certainly Bubbles” in AI Right Now
  • Negative Sentiment: Credit concerns surrounding AI infrastructure companies, including debt risks highlighted for CoreWeave, add to worries that aggressive AI spending may not generate adequate returns. This could weigh indirectly on QQQ’s broader AI trade. CoreWeave Falls as HSBC Reiterates Bearish Call on Debt Risk

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ opened at $725.20 on Thursday. The company’s fifty day moving average is $726.65 and its two-hundred day moving average is $707.26. Invesco QQQ has a 1-year low of $555.60 and a 1-year high of $762.86.

Invesco QQQ Cuts Dividend

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

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.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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