Invesco QQQ $QQQ is LJI Wealth Management LLC’s 5th Largest Position

LJI Wealth Management LLC reduced its position in shares of Invesco QQQ (NASDAQ:QQQ) by 4.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,990 shares of the exchange traded fund’s stock after selling 1,241 shares during the period. Invesco QQQ accounts for about 2.6% of LJI Wealth Management LLC’s portfolio, making the stock its 5th largest holding. LJI Wealth Management LLC’s holdings in Invesco QQQ were worth $18,403,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Flatrock Wealth Partners LLC purchased a new stake in shares of Invesco QQQ during the first quarter valued at $924,000. Hegarty Advisors LLC acquired a new stake in shares of Invesco QQQ during the first quarter worth approximately $2,212,000. Ascension Capital Advisors Inc. boosted its stake in shares of Invesco QQQ by 643.8% during the 1st quarter. Ascension Capital Advisors Inc. now owns 3,094 shares of the exchange traded fund’s stock valued at $1,786,000 after buying an additional 2,678 shares during the period. Asset Allocation Strategies LLC purchased a new position in shares of Invesco QQQ during the 1st quarter valued at $18,142,000. Finally, Mariner LLC grew its holdings in shares of Invesco QQQ by 2.6% during the 4th quarter. Mariner LLC now owns 1,084,500 shares of the exchange traded fund’s stock valued at $666,226,000 after acquiring an additional 27,560 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Key Headlines Impacting Invesco QQQ

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

• Positive Sentiment: Nvidia’s robust results support QQQ: Strong results from Nvidia helped lift the Nasdaq-100 and S&P 500, reinforcing investor confidence in AI-related growth stocks that represent a significant portion of QQQ. Nvidia’s Robust Results Power Nasdaq, S&P 500 Index
• Positive Sentiment: AI productivity optimism remains a tailwind: Commentary that artificial intelligence could improve productivity and is helping support the U.S. economy favors QQQ’s large technology and semiconductor holdings. I’m Still Betting On AI Productivity
• Positive Sentiment: QQQ was highlighted as an investment idea: Zacks featured QQQ alongside Nvidia and several AI, data-center and cryptocurrency-related companies, keeping attention focused on the ETF’s growth-oriented exposure. Zacks Investment Ideas feature highlights
• Neutral Sentiment: Technical conditions remain constructive but selective: An analysis of SPY and QQQ described market conditions as stable enough for selective leverage, while emphasizing disciplined entry and exit rules. This supports sentiment but is not a direct fundamental catalyst. SPY And QQQ: Stable Still Supports Selective Leverage
• Negative Sentiment: Broad-market weakness is pressuring the ETF: Exchange-traded funds and U.S. equities were mixed to lower in afternoon trading, indicating that the broader risk-off tone is weighing on QQQ despite its technology exposure. Exchange-Traded Funds Fall, US Equities Mixed After Midday
• Negative Sentiment: Inflation and Federal Reserve uncertainty remain risks: Core PCE inflation held at 3.3% in July, while commentary warned that stalled disinflation leaves the Fed with less room for error. Higher-for-longer rates could weigh disproportionately on QQQ’s high-growth constituents. Core PCE Inflation At 3.3% In July

Invesco QQQ Stock Down 0.6%

NASDAQ QQQ opened at $716.43 on Friday. Invesco QQQ has a 1-year low of $555.60 and a 1-year high of $748.65. The firm’s fifty day simple moving average is $711.53 and its 200-day simple moving average is $671.59.

Invesco QQQ Increases Dividend

The company also recently announced 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 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, June 22nd. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.73.

About Invesco QQQ

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.