Sax Wealth Advisors LLC Raises Stock Position in Invesco QQQ $QQQ

Sax Wealth Advisors LLC lifted its holdings in Invesco QQQ (NASDAQ:QQQ) by 11.9% in the second quarter, Holdings Channel reports. The fund owned 17,948 shares of the exchange traded fund’s stock after purchasing an additional 1,915 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Invesco QQQ were worth $13,217,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Carrera Capital Advisors grew its holdings in Invesco QQQ by 99.3% during the 4th quarter. Carrera Capital Advisors now owns 2,316 shares of the exchange traded fund’s stock valued at $1,423,000 after purchasing an additional 1,154 shares during the last quarter. Flatrock Wealth Partners LLC purchased a new position in Invesco QQQ during the 1st quarter valued at $924,000. Hegarty Advisors LLC bought a new position in Invesco QQQ in the 1st quarter valued at $2,212,000. Ascension Capital Advisors Inc. grew its position in Invesco QQQ by 643.8% in 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 acquiring an additional 2,678 shares during the last quarter. Finally, Asset Allocation Strategies LLC purchased a new stake in Invesco QQQ in the first quarter worth $18,142,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Up 1.2%

NASDAQ:QQQ opened at $723.03 on Friday. Invesco QQQ has a twelve month low of $555.60 and a twelve month high of $748.65. The stock has a fifty day simple moving average of $714.18 and a 200-day simple moving average of $661.14.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 22nd were issued a $0.8135 dividend. The ex-dividend date was Monday, June 22nd. 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%.

Key Invesco QQQ News

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

• Positive Sentiment: Investors directed billions into broad U.S. equity ETFs and mega-cap technology leaders this week, signaling continued demand for the large Nasdaq-listed companies that heavily influence QQQ. Broad Market Momentum and Defensive Pivots: This Week’s Top ETF Flows
• Positive Sentiment: A weaker-than-expected July employment report has reduced expectations for additional Fed rate hikes and increased hopes for easier monetary policy. Lower interest-rate expectations generally benefit growth and technology stocks by improving the value of future earnings. July Payrolls: Bad News Is Good Again
• Positive Sentiment: Nasdaq-focused ETFs and broader U.S. equity indicators advanced after midday, reinforcing the market’s current tech-led momentum and providing a favorable backdrop for QQQ. Exchange-Traded Funds Rise as US Equities Advance After Midday
• Neutral Sentiment: Analysts continue to debate whether the Nasdaq rally can extend through the second half of 2026. Potential catalysts include artificial-intelligence investment and easing financial conditions, while elevated valuations and earnings volatility remain key risks. A Guide to Nasdaq ETF Investing
• Negative Sentiment: Some investors are rotating defensively into ultra-short Treasuries, gold and healthcare, suggesting that geopolitical uncertainty and volatility are limiting broader risk appetite. A hotter-than-expected July CPI report could also revive inflation concerns and pressure high-growth technology valuations. July CPI Inflation Could Come in Hot

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.