D.A. Davidson & CO. Sells 20,521 Shares of Invesco QQQ $QQQ

Key Points

• D.A. Davidson reduced its Invesco QQQ position by 11.2% in the second quarter, selling 20,521 shares and retaining 162,392 shares valued at approximately $119.6 million.
• Other institutional investors made modest adjustments to their QQQ holdings, while institutional investors collectively owned 44.58% of the ETF.
• QQQ shares opened at $716.08, within a 52-week range of $555.60 to $748.65. The ETF increased its quarterly dividend to $0.8135, representing an annualized yield of about 0.5%.

D.A. Davidson & CO. trimmed its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 11.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 162,392 shares of the exchange traded fund's stock after selling 20,521 shares during the period. Invesco QQQ makes up 0.7% of D.A. Davidson & CO.'s investment portfolio, making the stock its 27th biggest holding. D.A. Davidson & CO.'s holdings in Invesco QQQ were worth $119,586,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. CAP Partners LLC boosted its holdings 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 worth $256,000 after acquiring an additional 15 shares during the period. Durante & Waters LLC raised its stake 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 purchasing an additional 15 shares during the period. Roxbury Financial LLC raised its stake in shares of Invesco QQQ by 19.7% during 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 during the period. GoalVest Advisory LLC lifted its holdings in Invesco QQQ by 0.5% during 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 in the last quarter. Finally, Forty three Eighteen Advisors LLC lifted its holdings in Invesco QQQ by 0.6% during the 1st 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. Institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $716.08 on Thursday. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $748.65. The business has a 50-day simple moving average of $714.04 and a two-hundred day simple moving average of $667.07.

Invesco QQQ Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 22nd were issued a $0.8135 dividend. The ex-dividend date of this dividend 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%.

Trending Headlines about Invesco QQQ

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 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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