RFG Holdings Inc. raised its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 34.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,149 shares of the exchange traded fund’s stock after buying an additional 21,640 shares during the period. Invesco QQQ comprises about 11.2% of RFG Holdings Inc.’s holdings, making the stock its 2nd largest position. RFG Holdings Inc.’s holdings in Invesco QQQ were worth $62,991,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the business. Flatrock Wealth Partners LLC acquired a new stake in shares of Invesco QQQ in the 1st quarter valued at about $924,000. Hegarty Advisors LLC purchased a new position in Invesco QQQ during the 1st quarter worth approximately $2,212,000. Dixon Fnancial Services Inc. increased its position in Invesco QQQ by 119.9% during the third quarter. Dixon Fnancial Services Inc. now owns 1,834 shares of the exchange traded fund’s stock worth $1,357,000 after buying an additional 1,000 shares during the period. Ascension Capital Advisors Inc. increased its position 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 worth $1,786,000 after buying an additional 2,678 shares during the period. Finally, Financial Insights Inc. lifted its stake in Invesco QQQ by 6.8% in the second quarter. Financial Insights Inc. now owns 29,790 shares of the exchange traded fund’s stock valued at $21,938,000 after buying an additional 1,901 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.
Invesco QQQ Trading Up 0.6%
Shares of NASDAQ QQQ opened at $685.28 on Wednesday. Invesco QQQ has a twelve month low of $555.60 and a twelve month high of $762.86. The stock has a 50 day moving average of $723.93 and a two-hundred day moving average of $679.61.
Invesco QQQ Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Monday, September 21st were issued a $0.7514 dividend. 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. This is a negative change from Invesco QQQ’s previous quarterly dividend of $0.8135.
Invesco QQQ News Roundup
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: There is a potential seasonal tailwind: historical analysis cited in this article found the S&P 500 rose from November through April in all 19 midterm-election years since 1950. The piece argues the period after the midterms could favor broad equity ETFs, including QQQ. Article: The Stock Market Has Boomed After the Last 19 Midterms
- Positive Sentiment: Another outlook frames the pullback as a possible entry point, citing seasonality and favorable risk-reward opportunities in core infrastructure stocks. This offers a counterpoint to concerns about AI valuations, though it does not establish that a rebound is imminent. Article: Q4 QQQ Roadmap: Navigating AI Turbulence & Market Headwinds
- Neutral Sentiment: U.S. equities were mixed after midday, with some broad-market ETFs higher. That suggests the weakness is concentrated in parts of the market rather than a uniform selloff, but provides no clear QQQ-specific catalyst. Article: Exchange-Traded Funds Higher, US Equities Mixed After Midday
- Negative Sentiment: The Nasdaq-100 has entered a technical correction, falling more than 10% from its October high. Reports point to investor worries about AI-sector growth and a sharp retreat in chip stocks—significant risks for QQQ given its heavy exposure to large technology companies. Article: Nasdaq 100 and QQQ have sunk into a correction
- Negative Sentiment: AI stocks reportedly lost substantial value over three weeks, while hedge funds reduced exposure to the sector. If that retreat continues, it could add selling pressure to QQQ’s growth-heavy holdings. Article: AI Stocks Lose $5 Trillion in 3 Weeks as Hedge Funds Go Underweight AI
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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