SouthState Bank Corp Boosts Stock Holdings in Invesco QQQ $QQQ

SouthState Bank Corp boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 49.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,465 shares of the exchange traded fund’s stock after buying an additional 3,810 shares during the quarter. SouthState Bank Corp’s holdings in Invesco QQQ were worth $6,617,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Invesco QQQ during the fourth quarter worth $25,000. Shcp LLC purchased a new position in shares of Invesco QQQ in the third quarter worth about $27,000. Annis Gardner Whiting Capital Advisors LLC raised its position in Invesco QQQ by 2,150.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 43 shares during the last quarter. Rachor Investment Advisory Services LLC purchased a new position in shares of Invesco QQQ during the fourth quarter worth $29,000. Finally, Islay Capital Management LLC purchased a new position in shares of Invesco QQQ during the 4th quarter valued at about $32,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ opened at $719.71 on Wednesday. The business has a 50 day moving average of $720.06 and a two-hundred day moving average of $651.59. Invesco QQQ has a 12-month low of $551.56 and a 12-month high of $748.65.

Invesco QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 22nd were given a $0.8135 dividend. This represents a $3.25 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.73. The ex-dividend date was Monday, June 22nd.

Invesco QQQ News Roundup

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

• Positive Sentiment: Soft June CPI data is easing fears of additional aggressive Fed rate hikes, which supports valuation-sensitive growth stocks and ETFs like QQQ. June CPI Shakes Up 2026 Rate Hike Odds
• Positive Sentiment: Multiple market commentaries say cooling inflation is undercutting the hawkish case and helping stocks rise, reinforcing the broader tailwind for the Nasdaq-100. CPI Fell In June, Fed Rate Hike Chance Plunges, Stocks Rise
• Positive Sentiment: Market breadth has remained constructive, with broad equity ETFs higher and U.S. equities mixed-to-firm after midday trading, suggesting ongoing support for large-cap tech exposure. Exchange-Traded Funds Higher, US Equities Mixed After Midday Tuesday
• Neutral Sentiment: Several articles focused on QQQ’s role as a diversified way to gain indirect exposure to SpaceX, but this is more of a portfolio-positioning theme than a direct driver of today’s move. Want to Invest in SpaceX? Don’t Buy the Stock.
• Neutral Sentiment: Comparisons with income ETFs such as JEPQ and QQQI highlight QQQ’s stronger long-term total return versus covered-call strategies, but these pieces are mainly educational and not immediate catalysts. The Monthly Check Trap: How JEPQ’s Covered-Call Strategy Left Investors 12.57% Behind QQQ in Just Five Years
• Negative Sentiment: Some commentary warns that inflation relief could prove temporary, which would revive rate-hike concerns and pressure growth stocks if bond yields rise again. June CPI: Inflation Decline Likely To Be Short-Lived

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.