FAS Wealth Partners Inc. Buys 1,773 Shares of Invesco QQQ $QQQ

Key Points

• FAS Wealth Partners increased its QQQ position by 53.5% in the first quarter, purchasing 1,773 additional shares for a total of 5,084 shares valued at approximately $2.93 million.
• Institutional investors currently own 44.58% of QQQ, while the ETF recently traded near $687.99, within its $551.68–$748.65 one-year range.
• QQQ’s quarterly dividend rose to $0.8135 per share, but elevated inflation, interest-rate uncertainty, AI-stock valuations and broader macroeconomic risks remain potential challenges for its technology-heavy holdings.

FAS Wealth Partners Inc. increased its position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 53.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,084 shares of the exchange traded fund's stock after buying an additional 1,773 shares during the quarter. FAS Wealth Partners Inc.'s holdings in Invesco QQQ were worth $2,934,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Invesco QQQ in the 4th quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Invesco QQQ by 2,150.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund's stock valued at $28,000 after purchasing an additional 43 shares during the period. Shcp LLC acquired a new position in shares of Invesco QQQ in the third quarter valued at $27,000. Rachor Investment Advisory Services LLC acquired a new position in shares of Invesco QQQ in the fourth quarter valued at $29,000. Finally, Parvin Asset Management LLC bought a new position in Invesco QQQ in the first quarter worth $28,000. 44.58% of the stock is currently owned by institutional investors.

More Invesco QQQ News

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

• Positive Sentiment: QQQ tracking the Nasdaq-100 rebounded sharply after its recent losing streak, reflecting renewed buying in large-cap technology stocks. QQQ ETF tracking Nasdaq-100 bounces sharply
• Positive Sentiment: Microsoft reported better-than-expected results, including strong Azure cloud and Copilot growth, reinforcing investor confidence in AI infrastructure spending and supporting QQQ’s technology-heavy holdings. Microsoft's Earnings Beat: A Ripple Effect Across ETF Landscape
• Positive Sentiment: Optimism among individual investors improved, while resilient consumer spending and underlying economic growth provided support for risk assets despite a weak headline GDP reading. AAII Sentiment Survey: Optimism Bounces Back
• Neutral Sentiment: The Federal Reserve held interest rates steady, but three dissents and uncertainty around future policy left investors focused on whether rate cuts can occur while inflation remains elevated. Fed Holds Rates Steady As 3 FOMC Members Dissent
• Negative Sentiment: Core PCE inflation remained high at 3.3% in June, potentially limiting the Fed’s ability to ease policy and keeping pressure on long-duration growth stocks such as those held by QQQ. PCE Data for June
• Negative Sentiment: Analysts questioned whether enthusiasm for AI-related stocks is fading, while a recent correction in the Nasdaq-100 and weakness in Asian technology markets highlighted valuation and concentration risks. AI Narrative Fading
• Negative Sentiment: Tariff uncertainty, the Iran conflict and rising Treasury yields add macroeconomic risks that could weigh on QQQ’s high-growth holdings. SCOTUS Tariff Ruling And Iran War

Invesco QQQ Price Performance

Shares of QQQ stock opened at $687.99 on Monday. Invesco QQQ has a one year low of $551.68 and a one year high of $748.65. The stock has a fifty day moving average price of $715.63 and a 200 day moving average price of $658.12.

Invesco QQQ Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.8135 per share. This represents a $3.25 dividend on an annualized basis and a dividend yield of 0.5%. 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.

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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