Kelsey Financial LLC decreased its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 9.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,862 shares of the exchange traded fund’s stock after selling 3,541 shares during the period. Invesco QQQ comprises approximately 20.0% of Kelsey Financial LLC’s portfolio, making the stock its largest position. Kelsey Financial LLC’s holdings in Invesco QQQ were worth $25,050,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of QQQ. Envestnet Asset Management Inc. boosted its holdings in Invesco QQQ by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 3,038,610 shares of the exchange traded fund’s stock valued at $2,237,606,000 after purchasing an additional 30,083 shares during the period. Analyst IMS Investment Management Services Ltd. grew its stake in Invesco QQQ by 0.3% during the 2nd quarter. Analyst IMS Investment Management Services Ltd. now owns 1,787,559 shares of the exchange traded fund’s stock worth $1,316,358,000 after purchasing an additional 4,751 shares in the last quarter. HighTower Advisors LLC grew its stake in Invesco QQQ by 3.1% during the 2nd quarter. HighTower Advisors LLC now owns 1,230,679 shares of the exchange traded fund’s stock worth $906,272,000 after purchasing an additional 36,923 shares in the last quarter. GoalVest Advisory LLC increased its holdings in Invesco QQQ by 20,256.6% during 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 during the period. Finally, Corient Private Wealth LP increased its holdings in Invesco QQQ by 506.8% during the 2nd quarter. Corient Private Wealth LP now owns 545,270 shares of the exchange traded fund’s stock worth $401,553,000 after purchasing an additional 455,412 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.
Key Stories Impacting Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: The Fed’s rate pause avoids an immediate increase in borrowing costs, which could provide some support for growth stocks and QQQ’s technology-heavy portfolio. However, officials indicated that inflation remains a concern and future tightening has not been ruled out. Fed’s Interest Rate Decision: October 28, 2026
- Neutral Sentiment: U.S. equity ETFs were mixed after midday, reflecting a cautious market rather than a broad-based flight from stocks. QQQ’s exposure to large-cap growth makes it more sensitive than diversified funds to changes in Treasury yields and investor risk appetite. Exchange-Traded Funds Mixed, US Equities Fall After Midday
- Neutral Sentiment: One analysis notes that QQQ has outperformed the broader U.S. market over the past decade, but favors VTI for a decades-long holding period. The commentary may temper enthusiasm for QQQ as a concentrated long-term portfolio, though it does not alter the fund’s holdings or operations. VTI vs. QQQ: Here’s the ETF I’d Personally Buy and Hold for Decades
- Negative Sentiment: Alphabet shares fell sharply after disappointing third-quarter results, creating a significant drag on QQQ because Alphabet is a major portfolio holding. The episode highlights the risk that weak results from a single mega-cap company can materially affect the ETF. Alphabet Is Having Its Worst Earnings Day Ever
- Negative Sentiment: Rising yields, persistent inflation, heavy government borrowing and capital needs tied to artificial-intelligence infrastructure could pressure the elevated valuations of QQQ’s technology holdings. A stronger dollar and the possibility of additional rate increases add to the headwind. Why Rising Rates Could Break the Bull Market Before AI Spending Can Save It
Invesco QQQ Stock Down 1.4%
QQQ stock opened at $715.34 on Friday. The business’s 50-day moving average is $725.41 and its two-hundred day moving average is $678.69. Invesco QQQ has a 1 year low of $555.60 and a 1 year high of $762.86.
Invesco QQQ Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Monday, September 21st were given a dividend of $0.7514 per share. This is a drop from Invesco QQQ’s previous quarterly dividend of $0.8135. This represents a $3.01 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, September 21st.
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.
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