Invesco QQQ: Benjamin Edwards Inc. Has $47.39 Million Position in $QQQ

Key Points

• Benjamin Edwards Inc. increased its QQQ stake by 9.5% in the second quarter, adding 5,564 shares for a total of 64,334 shares valued at approximately $47.39 million.
• QQQ opened at $716.08, near its 52-week high of $748.65, while the fund raised its quarterly dividend to $0.8135 from $0.73, implying an annualized yield of about 0.5%.
• Investor sentiment remains supported by interest in artificial intelligence and technology stocks, but elevated long-term Treasury yields and concerns about stretched tech valuations pose risks to the growth-heavy ETF.

Benjamin Edwards Inc. increased its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 9.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,334 shares of the exchange traded fund's stock after purchasing an additional 5,564 shares during the period. Benjamin Edwards Inc.'s holdings in Invesco QQQ were worth $47,390,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. CAP Partners LLC lifted its holdings in Invesco QQQ by 3.5% in the 1st quarter. CAP Partners LLC now owns 444 shares of the exchange traded fund's stock worth $256,000 after purchasing an additional 15 shares during the last quarter. Durante & Waters LLC grew its holdings in Invesco QQQ by 1.1% during the first quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund's stock valued at $822,000 after purchasing an additional 15 shares during the last quarter. Roxbury Financial LLC grew its holdings in Invesco QQQ by 19.7% during the second 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 during the last quarter. GoalVest Advisory LLC raised its position in shares of Invesco QQQ by 0.5% in the second quarter. GoalVest Advisory LLC now owns 3,016 shares of the exchange traded fund's stock valued at $2,221,000 after purchasing an additional 15 shares during the period. Finally, Forty three Eighteen Advisors LLC raised its position in shares of Invesco QQQ by 0.6% in the first quarter. Forty three Eighteen Advisors LLC now owns 2,694 shares of the exchange traded fund's stock valued at $1,555,000 after purchasing an additional 16 shares during the period. Institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Performance

 

QQQ stock opened at $716.08 on Thursday. The company has a 50-day moving average of $714.04 and a two-hundred day moving average of $667.07. 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. Shareholders of record on Monday, June 22nd were issued a $0.8135 dividend. This is an increase from Invesco QQQ's previous quarterly dividend of $0.73. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $3.25 dividend on an annualized basis and a yield of 0.5%.

Invesco QQQ News Roundup

 

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

• Positive Sentiment: QQQ initially benefited from a rebound after Tuesday’s selloff, with the Nasdaq-100 ETF trending higher in premarket trading. Continued investor interest in artificial intelligence and technology leadership remains a supportive long-term factor. QQQ ETF – Invesco QQQ Trust Trends Higher after Tuesday’s Slump
• Positive Sentiment: Equity-options volatility has fallen to its lowest level since January, potentially improving trading conditions and reducing the cost of hedging or bullish options strategies. This may help stabilize risk appetite for large-cap growth stocks, although it is not a direct fundamental catalyst for QQQ. Volatility Is Falling. It’s a Good Time to Buy Options Again.
• Neutral Sentiment: Investors were positioned ahead of the Federal Reserve’s meeting minutes, leaving markets sensitive to any signal about interest rates and future policy. Mixed equity futures and broader ETF gains provided limited support. Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Wednesday Ahead of Fed Meeting Minutes’ Release
• Negative Sentiment: The main pressure is the bond market: the 30-year Treasury yield reached its highest level since 2007 amid concerns over government deficits and heavy AI-related capital spending. Higher long-term yields raise the discount rate applied to technology companies’ future earnings, weighing particularly on growth-heavy funds such as QQQ. 30-Year Treasury Yield Hits Highest Level Since 2007 as AI Spending and Deficits Collide
• Negative Sentiment: Technical positioning may be amplifying the decline. QQQ reportedly “gamma flipped,” forcing market makers to sell as the ETF moved lower, while ongoing debate about excessive technology valuations and AI-bubble risks adds pressure to Nasdaq-100 constituents. QQQ just ‘gamma flipped’ as market makers were forced to sell

Invesco QQQ Company Profile

(Free Report)

 

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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