Invesco QQQ $QQQ Shares Sold by Continuum Advisory LLC

Continuum Advisory LLC trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ) by 4.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,113 shares of the exchange traded fund’s stock after selling 1,125 shares during the quarter. Invesco QQQ makes up about 1.4% of Continuum Advisory LLC’s portfolio, making the stock its 12th biggest holding. Continuum Advisory LLC’s holdings in Invesco QQQ were worth $17,757,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. CAP Partners LLC increased its holdings in Invesco QQQ by 3.5% in the first quarter. CAP Partners LLC now owns 444 shares of the exchange traded fund’s stock valued at $256,000 after buying an additional 15 shares in the last quarter. Durante & Waters LLC grew its position in shares of Invesco QQQ by 1.1% during the 1st quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund’s stock valued at $822,000 after acquiring an additional 15 shares during the period. Roxbury Financial LLC increased its stake in shares of Invesco QQQ by 19.7% in the 2nd quarter. Roxbury Financial LLC now owns 91 shares of the exchange traded fund’s stock valued at $67,000 after purchasing an additional 15 shares in the last quarter. GoalVest Advisory LLC raised its holdings in Invesco QQQ by 0.5% in the 2nd quarter. GoalVest Advisory LLC now owns 3,016 shares of the exchange traded fund’s stock worth $2,221,000 after purchasing an additional 15 shares during the period. Finally, Forty three Eighteen Advisors LLC boosted its position in Invesco QQQ by 0.6% during the first quarter. Forty three Eighteen Advisors LLC now owns 2,694 shares of the exchange traded fund’s stock worth $1,555,000 after purchasing an additional 16 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

More Invesco QQQ News

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

• Positive Sentiment: U.S. equities advanced during Wednesday’s session, providing a favorable backdrop for QQQ and other broad equity ETFs. Exchange-Traded Funds Rise as US Equities Advance After Midday
• Positive Sentiment: TipRanks’ AI Analyst rated QQQ Outperform and identified at least 15% potential upside, reinforcing the bullish case for large-cap technology stocks. 3 ETFs to Buy with At Least 15% Upside Potential, According to the AI Analyst
• Positive Sentiment: August ETF flows showed strong demand for Nasdaq-100, S&P 500 and technology-focused funds, indicating continued capital inflows that can support QQQ’s underlying holdings. ETF Asset Flow of August: S&P 500 Tops
• Neutral Sentiment: A comparison found the covered-call ETF TDAQ slightly ahead of QQQ since its launch, but the article emphasized that QQQ is likely to outperform over longer periods, highlighting the trade-off between income and growth.
• Negative Sentiment: Reports of AI infrastructure delays, elevated bond yields and concerns about an AI bubble could pressure QQQ’s high-growth technology constituents.
• Negative Sentiment: Escalating U.S.-Iran tensions and uncertainty over monetary policy are increasing market volatility and may limit investor appetite for richly valued technology stocks. Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Wednesday Amid Escalating US-Iran Tensions

Invesco QQQ Price Performance

Shares of QQQ opened at $709.24 on Thursday. Invesco QQQ has a 12 month low of $555.60 and a 12 month high of $748.65. The stock’s 50 day moving average is $710.98 and its two-hundred day moving average is $674.17.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 22nd were issued 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 a boost from Invesco QQQ’s previous quarterly dividend of $0.73.

Invesco QQQ Company 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.