Meitav Investment House Ltd. Cuts Stake in Invesco QQQ $QQQ

Meitav Investment House Ltd. trimmed its holdings in Invesco QQQ (NASDAQ:QQQ) by 5.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 629,747 shares of the exchange traded fund’s stock after selling 39,498 shares during the quarter. Invesco QQQ makes up about 4.0% of Meitav Investment House Ltd.’s portfolio, making the stock its 3rd biggest position. Meitav Investment House Ltd. owned 0.10% of Invesco QQQ worth $363,457,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Clare Market Investments LLC purchased a new position in Invesco QQQ during the 1st quarter valued at $8,245,000. Sather Financial Group Inc increased its stake in Invesco QQQ by 12.2% in the first quarter. Sather Financial Group Inc now owns 1,232 shares of the exchange traded fund’s stock worth $711,000 after purchasing an additional 134 shares during the period. Montz Harcus Wealth Management LLC increased its stake in Invesco QQQ by 0.4% in the first quarter. Montz Harcus Wealth Management LLC now owns 8,085 shares of the exchange traded fund’s stock worth $4,667,000 after purchasing an additional 36 shares during the period. Downshift Financial LLC lifted its position in shares of Invesco QQQ by 3.5% during the first quarter. Downshift Financial LLC now owns 595 shares of the exchange traded fund’s stock worth $343,000 after purchasing an additional 20 shares during the last quarter. Finally, Canvas Wealth Advisors LLC lifted its position in shares of Invesco QQQ by 77.3% during the first quarter. Canvas Wealth Advisors LLC now owns 1,009 shares of the exchange traded fund’s stock worth $582,000 after purchasing an additional 440 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Down 2.0%

Shares of QQQ traded down $14.42 during trading hours on Tuesday, reaching $708.40. 19,114,099 shares of the company traded hands, compared to its average volume of 54,866,117. The stock’s fifty day moving average price is $712.54 and its 200 day moving average price is $646.51. Invesco QQQ has a 12-month low of $551.10 and a 12-month high of $748.65.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 22nd will be issued a dividend of $0.8135 per share. This represents a $3.25 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, June 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.73.

Key Headlines Impacting Invesco QQQ

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

• Positive Sentiment: SpaceX is joining the Nasdaq-100, which means QQQ will gain indirect exposure to a new high-profile growth and AI infrastructure name. Because QQQ tracks the Nasdaq-100, index funds will need to buy shares, reinforcing the fund’s link to leading tech and innovation stocks. Article Title
• Positive Sentiment: Several market updates said retail sentiment around QQQ remained bullish, while broader tech and AI-related stocks showed signs of resilience ahead of upcoming earnings and macro data. That can support investor interest in the ETF’s large-cap growth holdings. Article Title
• Neutral Sentiment: Commentary on Q2 GDP, job growth, and the upcoming earnings stampede points to a busy macro and corporate calendar. Investors may be waiting for more evidence on growth and rates before adding to tech exposure. Article Title
• Neutral Sentiment: Multiple articles debating the AI trade, market concentration, and whether tech is overextended suggest uncertainty around the sector that dominates QQQ’s holdings. This kind of debate can keep gains capped even when fundamentals remain solid. Article Title
• Negative Sentiment: Tech futures were pressured after Samsung-related weakness hit the AI chip trade, and several notes warned that government scrutiny of AI could weigh on the sector. Since QQQ is heavily weighted toward mega-cap tech, any pullback in AI and semiconductors can drag the ETF lower. Article Title
• Negative Sentiment: Broader commentary warning that the market is becoming more dangerous, that AI enthusiasm may be stretched, and that a growth-stock downturn could hurt leveraged and tech-heavy funds adds to risk-off sentiment around QQQ. Article Title

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.