Invesco QQQ $QQQ is jvl associates llc’s 6th Largest Position

jvl associates llc decreased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 3.5% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,736 shares of the exchange traded fund’s stock after selling 945 shares during the quarter. Invesco QQQ makes up 5.4% of jvl associates llc’s holdings, making the stock its 6th largest holding. jvl associates llc’s holdings in Invesco QQQ were worth $18,952,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. CAP Partners LLC raised its holdings in Invesco QQQ by 3.5% during the first quarter. CAP Partners LLC now owns 444 shares of the exchange traded fund’s stock valued at $256,000 after acquiring an additional 15 shares during the period. Durante & Waters LLC lifted its position in shares of Invesco QQQ by 1.1% in the first quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund’s stock valued at $822,000 after acquiring an additional 15 shares in the last quarter. Roxbury Financial LLC boosted its stake in shares of Invesco QQQ by 19.7% in the second quarter. Roxbury Financial LLC now owns 91 shares of the exchange traded fund’s stock worth $67,000 after acquiring an additional 15 shares during the period. Forty three Eighteen Advisors LLC boosted its stake in shares of Invesco QQQ by 0.6% in the first quarter. Forty three Eighteen Advisors LLC now owns 2,694 shares of the exchange traded fund’s stock worth $1,555,000 after acquiring an additional 16 shares during the period. Finally, SJS Investment Consulting Inc. grew its position in shares of Invesco QQQ by 1.7% during the fourth quarter. SJS Investment Consulting Inc. now owns 1,017 shares of the exchange traded fund’s stock worth $625,000 after purchasing an additional 17 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.8%

NASDAQ:QQQ opened at $700.07 on Tuesday. The stock has a 50-day moving average price of $715.28 and a 200 day moving average price of $658.64. Invesco QQQ has a 12-month low of $555.60 and a 12-month high of $748.65.

Invesco QQQ Increases Dividend

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

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: QQQ benefited from a broad technology rally, with the Nasdaq advancing more strongly than the S&P 500 and Dow as investors favored AI infrastructure and other growth stocks. 3 Stocks Surging Most as the Nasdaq Jumps 1.85% in Today’s Midday Rally
• Positive Sentiment: Investor optimism around continued artificial-intelligence spending remains supportive for QQQ, whose Nasdaq-100 holdings include many of the largest hyperscalers and technology companies. 4 Hyperscalers, One Message: The AI Trade Isn’t Over
• Positive Sentiment: Recent commentary says corporate earnings are exceeding expectations despite macroeconomic headwinds, reinforcing the fundamental case for QQQ’s growth-oriented holdings. Despite the Headwinds, Earnings Are Exploding to the Upside
• Neutral Sentiment: SpaceX’s addition to the Nasdaq-100 generated attention, but its current index weighting is small, so it has limited immediate influence on QQQ’s performance. Is QQQ Worth Buying Now That SpaceX Has Joined the Nasdaq-100?
• Neutral Sentiment: QQQ remains one of the three ETFs with exposure to all seven “Magnificent 7” stocks; comparisons of its concentration, fees and returns highlight its continued appeal but also its dependence on a relatively narrow group of mega-cap companies. The 3 ETFs That Hold the Most Magnificent 7
• Negative Sentiment: Invesco reportedly recorded $5.6 billion in ETF outflows on July 31. The data appears to cover the broader Invesco ETF lineup, so the direct effect on QQQ is unclear, but it may signal weaker demand for some products. ETF League Tables: Invesco Loses $5.6B
• Negative Sentiment: A potential breakout in Treasury yields could pressure richly valued Nasdaq-100 growth stocks by increasing discount rates and making bonds more attractive relative to equities. A Major Breakout in Treasury Yields May Be Underway

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.