Allspring Global Investments Holdings LLC Sells 2,770 Shares of Invesco QQQ $QQQ

Key Points

• Allspring Global Investments Holdings LLC cut its Invesco QQQ position by 50% in the first quarter, selling 2,770 shares and retaining 2,772 shares valued at approximately $1.62 million.
• Other institutional investors modestly increased their QQQ holdings, while institutional ownership stood at 44.58% of the ETF.
• QQQ’s outlook remains mixed: strong AI and mega-cap technology interest may support the fund, but elevated valuations, rising Treasury yields, and weakness in major tech constituents pose risks. The ETF also increased its quarterly dividend to $0.8135, implying a 0.5% annualized yield.

Allspring Global Investments Holdings LLC decreased its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 50.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,772 shares of the exchange traded fund's stock after selling 2,770 shares during the quarter. Allspring Global Investments Holdings LLC's holdings in Invesco QQQ were worth $1,620,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in QQQ. CAP Partners LLC boosted its position in shares of 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 acquiring an additional 15 shares during the period. Tenon Financial LLC increased its position in Invesco QQQ by 2.2% during the fourth quarter. Tenon Financial LLC now owns 805 shares of the exchange traded fund's stock worth $494,000 after acquiring an additional 17 shares during the period. SJS Investment Consulting Inc. increased its position in Invesco QQQ by 1.7% during the fourth quarter. SJS Investment Consulting Inc. now owns 1,017 shares of the exchange traded fund's stock worth $625,000 after acquiring an additional 17 shares during the period. Cascade Investment Group Inc. raised its stake in Invesco QQQ by 4.6% in the 4th quarter. Cascade Investment Group Inc. now owns 388 shares of the exchange traded fund's stock worth $238,000 after purchasing an additional 17 shares in the last quarter. Finally, Keeler & Nadler Financial Planning & Wealth Management raised its stake in Invesco QQQ by 3.0% in the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 576 shares of the exchange traded fund's stock worth $354,000 after purchasing an additional 17 shares in the last quarter. Institutional investors own 44.58% of the company's stock.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: Broader U.S. equity futures and major ETFs were higher pre-market Friday, which can support QQQ because it tracks the Nasdaq-100’s large-cap growth names. Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Amid New US Tariffs
• Positive Sentiment: Coverage highlighted that AI and hyperscaler earnings remain the market’s main focus, which can help QQQ if investors continue to bid up Nasdaq-heavy mega-cap tech. Nasdaq, S&P 500, Dow Futures Shake Off Iran Jitters As Investors Turn To AI Hyperscaler Earnings: INTC, TSLA, TTD, HIMS In Focus
• Neutral Sentiment: Intel’s strong earnings reaction showed some semiconductor strength, but mixed results across major tech names kept the broader QQQ outlook uneven. Stock Market Today: Dow Rises As Oil Prices Fall; Intel Shares Surge On Earnings (Live Coverage)
• Neutral Sentiment: Commentary on rising AI spending and high valuations suggests investors are still debating whether the tech rally has room to run or is getting stretched. Markets Track Lower As AI Spending Soars
• Negative Sentiment: Several articles warned that heavy spending, higher Treasury yields, and concern over the AI trade’s exhaustion could weigh on Nasdaq-heavy funds like QQQ if sentiment cools further. Treasury Yields Push Higher, Testing Wall Street's Nerve
• Negative Sentiment: Thursday’s sharp drop in major tech names, including Alphabet and Tesla, underscored the risk that weakness in a few QQQ-heavy constituents can drag the ETF lower. Stock Market Today: Dow Jones Index Falls 300 Points As Alphabet, Tesla Dive On Earnings News (Live Coverage)

Invesco QQQ Price Performance

NASDAQ QQQ opened at $684.25 on Monday. The firm has a 50-day moving average price of $718.86 and a two-hundred day moving average price of $656.23. Invesco QQQ has a 12-month low of $551.68 and a 12-month high of $748.65.

Invesco QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 22nd were given a $0.8135 dividend. The ex-dividend date was Monday, June 22nd. This is a positive change 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%.

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.

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