Strategic Advisors LLC Sells 1,126 Shares of Invesco QQQ $QQQ

Strategic Advisors LLC decreased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 8.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,532 shares of the exchange traded fund’s stock after selling 1,126 shares during the quarter. Invesco QQQ makes up 1.6% of Strategic Advisors LLC’s holdings, making the stock its 14th biggest position. Strategic Advisors LLC’s holdings in Invesco QQQ were worth $8,492,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QQQ. RPg Family Wealth Advisory LLC increased its holdings in shares of Invesco QQQ by 4.4% in the second quarter. RPg Family Wealth Advisory LLC now owns 869 shares of the exchange traded fund’s stock valued at $640,000 after purchasing an additional 37 shares during the last quarter. Headlands Technologies LLC lifted its stake in shares of Invesco QQQ by 127.5% during the 2nd quarter. Headlands Technologies LLC now owns 13,255 shares of the exchange traded fund’s stock worth $9,761,000 after buying an additional 7,429 shares during the last quarter. Senator Investment Group LP acquired a new stake in shares of Invesco QQQ during the 2nd quarter worth about $157,221,000. Sigma Planning Corp boosted its holdings in shares of Invesco QQQ by 9.6% during the 2nd quarter. Sigma Planning Corp now owns 115,727 shares of the exchange traded fund’s stock worth $85,225,000 after buying an additional 10,098 shares during the period. Finally, Benjamin Edwards Inc. boosted its holdings in shares of Invesco QQQ by 9.5% during the 2nd quarter. Benjamin Edwards Inc. now owns 64,334 shares of the exchange traded fund’s stock worth $47,390,000 after buying an additional 5,564 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

Shares of QQQ opened at $716.43 on Monday. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $748.65. The firm’s 50-day simple moving average is $711.53 and its 200 day simple moving average is $671.99.

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 boost from Invesco QQQ’s previous quarterly dividend of $0.73. This represents a $3.25 dividend on an annualized basis and a dividend yield of 0.5%. 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: 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

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.