Cooper Financial Group Has $58.41 Million Position in Invesco QQQ $QQQ

Cooper Financial Group boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 5.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 79,322 shares of the exchange traded fund's stock after buying an additional 4,354 shares during the quarter. Invesco QQQ comprises 4.8% of Cooper Financial Group's portfolio, making the stock its 2nd biggest holding. Cooper Financial Group's holdings in Invesco QQQ were worth $58,413,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brave Asset Management Inc. acquired a new stake in shares of Invesco QQQ in the second quarter worth about $269,000. Threadgill Financial LLC grew its holdings in Invesco QQQ by 14.1% during the second quarter. Threadgill Financial LLC now owns 2,580 shares of the exchange traded fund's stock valued at $1,900,000 after purchasing an additional 318 shares during the last quarter. Ryan Investment Management Inc. bought a new stake in shares of Invesco QQQ during the 2nd quarter worth $20,386,000. Castle Rock Wealth Management LLC grew its stake in Invesco QQQ by 1.7% in the 2nd quarter. Castle Rock Wealth Management LLC now owns 8,576 shares of the exchange traded fund's stock valued at $6,219,000 after buying an additional 141 shares during the last quarter. Finally, NerdWallet Wealth Partners LLC raised its holdings in Invesco QQQ by 19.1% in the 2nd quarter. NerdWallet Wealth Partners LLC now owns 930 shares of the exchange traded fund's stock worth $685,000 after acquiring an additional 149 shares during the period. Institutional investors and hedge funds own 44.58% of the company's stock.

More Invesco QQQ News

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

• Positive Sentiment: Strong corporate earnings have generally supported risk appetite and helped offset some market concerns, benefiting growth-oriented holdings in QQQ. Robust Earnings Help Boost Markets
• Positive Sentiment: Recent market highs and continued interest in token-related growth themes reinforce investor enthusiasm for technology and innovation stocks, sectors heavily represented in QQQ. Implications Of New Market Highs
• Neutral Sentiment: Long-term analysis continues to present QQQ as a potential wealth-building vehicle through regular contributions, but it also cautions that investors must tolerate significant volatility. History Says Investing $400 per Month in This ETF Could Set You Up for Life
• Neutral Sentiment: Joby Aviation’s raised guidance and production developments highlight strength in one technology-growth niche, although the company is not a QQQ holding and the direct effect on the ETF is limited. Joby Aviation Climbs 9% on Raised Guidance
• Negative Sentiment: Broad-market ETFs declined as U.S. equities weakened after midday, indicating reduced near-term risk appetite and pressure on index-tracking funds. Exchange-Traded Funds Decline as US Equities Fall After Midday
• Negative Sentiment: Potentially unpredictable Federal Reserve policy, including the possibility of a surprise move, increases uncertainty around interest rates. Higher or less predictable rates typically pressure richly valued Nasdaq-100 growth stocks. Kevin Warsh Opens Door to Surprise Fed Move
• Negative Sentiment: Mixed labor-market signals—particularly weaker hiring—could raise concerns about economic momentum and corporate growth, weighing on cyclical and high-valuation technology shares. U.S. Labor Market Just Flashed Surprising Signal
• Negative Sentiment: Sharp declines in AppLovin and Trade Desk after their reports show that investors are demanding exceptionally strong results from advertising-technology companies, creating pressure across parts of the growth-stock complex. Ad-Tech Stocks Separate Winners From Losers

Invesco QQQ Trading Down 0.4%

Invesco QQQ stock opened at $714.65 on Friday. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $748.65. The business's 50-day simple moving average is $714.49 and its 200-day simple moving average is $660.70.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 22nd were paid 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 annualized dividend and a dividend yield of 0.5%.

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.

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