Fischer Investment Strategies LLC Has $3.32 Million Stake in Invesco QQQ $QQQ

Fischer Investment Strategies LLC reduced its position in Invesco QQQ (NASDAQ:QQQ) by 25.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,753 shares of the exchange traded fund’s stock after selling 1,967 shares during the quarter. Invesco QQQ makes up about 1.9% of Fischer Investment Strategies LLC’s portfolio, making the stock its 16th largest position. Fischer Investment Strategies LLC’s holdings in Invesco QQQ were worth $3,321,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Brighton Jones LLC boosted its position in shares of Invesco QQQ by 15.0% during the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after purchasing an additional 4,989 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Invesco QQQ by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock worth $2,687,000 after purchasing an additional 176 shares during the period. Jupiter Wealth Management LLC bought a new stake in Invesco QQQ in the second quarter worth approximately $290,000. Wealth Group Ltd. increased its holdings in Invesco QQQ by 283.7% in the second quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock worth $13,587,000 after purchasing an additional 18,210 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in Invesco QQQ by 1,057.3% in the second quarter. Invesco Ltd. now owns 33,063 shares of the exchange traded fund’s stock valued at $18,239,000 after buying an additional 30,206 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Key Invesco QQQ News

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 Stock Performance

Invesco QQQ stock opened at $687.99 on Friday. Invesco QQQ has a 52-week low of $551.68 and a 52-week high of $748.65. The stock’s 50 day moving average price is $715.63 and its two-hundred day moving average price is $657.90.

Invesco QQQ Increases Dividend

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

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.