Coppell Advisory Solutions LLC Invests $97,000 in Invesco QQQ $QQQ

Key Points

• Coppell Advisory Solutions LLC acquired 13,180 shares of Invesco QQQ during the second quarter, valued at approximately $97,000. Institutional investors and hedge funds collectively own 44.58% of the ETF.
• QQQ opened at $717.67, near its 52-week high of $748.65, with its 50-day and 200-day moving averages at $711.01 and $674.98, respectively. The fund also increased its quarterly dividend to $0.8135, equivalent to a 0.5% annualized yield.
• Market sentiment remains broadly supportive due to strength in U.S. equities, potential interest-rate cuts and bullish views on QQQ’s technology exposure, though AI-bubble concerns, rising yields and geopolitical tensions pose risks.

Coppell Advisory Solutions LLC acquired a new stake in Invesco QQQ (NASDAQ:QQQ - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,180 shares of the exchange traded fund's stock, valued at approximately $97,000.

A number of other large investors have also made changes to their positions in the stock. CAP Partners LLC boosted its stake in shares of Invesco QQQ by 3.5% during 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 shares of Invesco QQQ by 1.1% during the first quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund's stock worth $822,000 after buying an additional 15 shares in the last quarter. Roxbury Financial LLC raised its position in shares of Invesco QQQ by 19.7% in the second quarter. Roxbury Financial LLC now owns 91 shares of the exchange traded fund's stock valued at $67,000 after buying 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 buying an additional 15 shares during the last quarter. Finally, Forty three Eighteen Advisors LLC lifted its stake in shares of 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 valued at $1,555,000 after buying an additional 16 shares during the period. Institutional investors and hedge funds own 44.58% of the company's stock.

Invesco QQQ Price Performance

Shares of QQQ opened at $717.67 on Friday. Invesco QQQ has a 1 year low of $555.60 and a 1 year high of $748.65. The company's 50 day simple moving average is $711.01 and its 200 day simple moving average is $674.98.

Invesco QQQ Increases Dividend

The firm also recently declared 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 a boost from Invesco QQQ's previous quarterly dividend of $0.73. The ex-dividend date was Monday, June 22nd. This represents a $3.25 annualized dividend and a yield of 0.5%.

Key Headlines Impacting Invesco QQQ

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

• Positive Sentiment: Broad U.S. equity ETFs moved higher after midday, indicating a supportive market backdrop for QQQ and its mega-cap technology constituents. Exchange-Traded Funds Rise as US Equities Advance After Midday
• Positive Sentiment: TipRanks’ ETF AI Analyst gave QQQ an Outperform rating and identified at least 15% upside potential, reinforcing bullish sentiment toward the fund’s technology exposure. 3 ETFs to Buy with At Least 15% Upside Potential, According to the AI Analyst
• Positive Sentiment: Recent economic commentary characterized cooler payroll growth as consistent with a low probability of recession. A softer labor market could support expectations for lower interest rates, which generally benefits growth and technology stocks held by QQQ. Mixed Data, Cooler Payrolls - And Still A Low Probability Of Recession
• Neutral Sentiment: Market outlook articles presented competing views on inflation, wages, government debt, AI investment and September seasonality, suggesting investors remain divided over the durability of the technology-led rally. September Market Digest
• Negative Sentiment: Warnings of an AI-bubble burst, falling token prices and rising yields highlight valuation and rate risks for QQQ’s high-growth holdings. AI Bubble Burst: Token Prices Collapse, And Yields Soar
• Negative Sentiment: Escalating U.S.-Iran tensions and renewed discussion of the Iran conflict could increase market uncertainty and pressure risk-sensitive technology shares. Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Wednesday Amid Escalating US-Iran Tensions

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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