Nwam LLC Has $46.11 Million Stake in Invesco QQQ $QQQ

Nwam LLC raised its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 5.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,615 shares of the exchange traded fund’s stock after purchasing an additional 3,126 shares during the period. Invesco QQQ accounts for 2.3% of Nwam LLC’s portfolio, making the stock its 4th largest holding. Nwam LLC’s holdings in Invesco QQQ were worth $46,109,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Corient Private Wealth LLC boosted its holdings in shares of Invesco QQQ by 3,567.7% during the 4th quarter. Corient Private Wealth LLC now owns 21,436,917 shares of the exchange traded fund’s stock worth $13,168,912,000 after buying an additional 20,852,432 shares during the period. Bank of America Corp DE raised its holdings in Invesco QQQ by 381.0% in the 4th quarter. Bank of America Corp DE now owns 19,547,552 shares of the exchange traded fund’s stock worth $12,008,257,000 after acquiring an additional 26,505,055 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Invesco QQQ by 11.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock worth $2,179,321,000 after acquiring an additional 375,581 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its position in Invesco QQQ by 21.4% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 3,025,000 shares of the exchange traded fund’s stock worth $1,858,288,000 after acquiring an additional 534,000 shares during the last quarter. Finally, Analyst IMS Investment Management Services Ltd. boosted its holdings in Invesco QQQ by 0.3% during the second quarter. Analyst IMS Investment Management Services Ltd. now owns 1,787,559 shares of the exchange traded fund’s stock valued at $1,316,358,000 after acquiring an additional 4,751 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.0%

Shares of NASDAQ:QQQ opened at $716.76 on Tuesday. The stock’s 50-day moving average is $711.11 and its 200-day moving average is $672.73. Invesco QQQ has a 52-week low of $555.60 and a 52-week high of $748.65.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 22nd were paid a dividend of $0.8135 per share. 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.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: QQQ continues to attract investor interest as AI, semiconductor, and memory-chip themes drive significant inflows into technology-focused ETFs. The fund’s long-term performance and exposure to major Nasdaq-100 companies remain key bullish arguments. These 5 ETFs Have Raked in Cash This Year—What Do They All Have in Common?
• Positive Sentiment: Some market strategists expect technology stocks to rally in September and are adding software and chip exposure, which could support QQQ’s heavily weighted megacap technology holdings. Tech Rallies In September, I’m Adding Software And Chip Stocks
• Neutral Sentiment: QQQ’s strong historical returns and role in diversified portfolios continue to appeal to long-term investors, although past performance does not eliminate short-term volatility. If You’d Invested $1,000 in QQQ 20 Years Ago, Here’s What You’d Have Today
• Neutral Sentiment: Goldman Sachs’ move into the Nasdaq-100 high-income ETF space highlights demand for technology exposure with distributions. However, QQQ’s growth-oriented strategy differs from income-focused alternatives, which may attract some yield-seeking investors away from traditional QQQ. Goldman Sachs Is Buying Into High Income ETFs, but What Are Nasdaq Investors Giving Up for Those Payouts?
• Negative Sentiment: Reports that higher rates or a September Federal Reserve hike could pressure richly valued growth stocks are a significant headwind for QQQ. Rising bond yields reduce the appeal of long-duration technology earnings and could increase volatility. Forecast: Fed To Hike Interest Rates After Warsh’s Jackson Hole Talk
• Negative Sentiment: Broad U.S. equity ETFs moved lower during the session, while recent technology sell-offs renewed concerns that QQQ is concentrated in a relatively small group of expensive AI and semiconductor-related companies. Exchange-Traded Funds Lower as US Equities Fall After Midday

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.