MTM Financial Group LLC Has $14.50 Million Stock Holdings in Invesco QQQ $QQQ

MTM Financial Group LLC lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 5.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 25,289 shares of the exchange traded fund’s stock after acquiring an additional 1,400 shares during the period. Invesco QQQ accounts for about 6.8% of MTM Financial Group LLC’s portfolio, making the stock its 3rd largest position. MTM Financial Group LLC’s holdings in Invesco QQQ were worth $14,500,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of QQQ. University of Texas Texas AM Investment Management Co. bought a new stake in Invesco QQQ in the fourth quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of 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 purchasing an additional 43 shares in the last quarter. Shcp LLC acquired a new stake in shares of Invesco QQQ in the 3rd quarter valued at about $27,000. Rachor Investment Advisory Services LLC acquired a new stake in shares of Invesco QQQ in the 4th quarter valued at about $29,000. Finally, Parvin Asset Management LLC bought a new stake in Invesco QQQ in the 1st quarter valued at about $28,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ News Roundup

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

• Positive Sentiment: QQQ tracking the Nasdaq-100 rebounded sharply after its recent losing streak, reflecting renewed buying in large-cap technology stocks. QQQ ETF tracking Nasdaq-100 bounces sharply
• Positive Sentiment: Microsoft reported better-than-expected results, including strong Azure cloud and Copilot growth, reinforcing investor confidence in AI infrastructure spending and supporting QQQ’s technology-heavy holdings. Microsoft’s Earnings Beat: A Ripple Effect Across ETF Landscape
• Positive Sentiment: Optimism among individual investors improved, while resilient consumer spending and underlying economic growth provided support for risk assets despite a weak headline GDP reading. AAII Sentiment Survey: Optimism Bounces Back
• Neutral Sentiment: The Federal Reserve held interest rates steady, but three dissents and uncertainty around future policy left investors focused on whether rate cuts can occur while inflation remains elevated. Fed Holds Rates Steady As 3 FOMC Members Dissent
• Negative Sentiment: Core PCE inflation remained high at 3.3% in June, potentially limiting the Fed’s ability to ease policy and keeping pressure on long-duration growth stocks such as those held by QQQ. PCE Data for June
• Negative Sentiment: Analysts questioned whether enthusiasm for AI-related stocks is fading, while a recent correction in the Nasdaq-100 and weakness in Asian technology markets highlighted valuation and concentration risks. AI Narrative Fading
• Negative Sentiment: Tariff uncertainty, the Iran conflict and rising Treasury yields add macroeconomic risks that could weigh on QQQ’s high-growth holdings. SCOTUS Tariff Ruling And Iran War

Invesco QQQ Price Performance

QQQ stock opened at $687.99 on Monday. The stock’s 50 day simple moving average is $715.63 and its 200 day simple moving average is $658.12. Invesco QQQ has a fifty-two week low of $551.68 and a fifty-two week high of $748.65.

Invesco QQQ Increases Dividend

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

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.