Flaharty Asset Management LLC Sells 8,616 Shares of Invesco QQQ $QQQ

Key Points

• Flaharty Asset Management cut its Invesco QQQ stake by 91% in the second quarter, selling 8,616 shares and retaining 857 shares valued at approximately $611,000.
• Other institutional investors increased their positions, and institutions collectively owned 44.58% of QQQ as of the latest filings.
• QQQ shares opened at $723.03, near their 12-month high of $748.65, while the fund raised its quarterly dividend to $0.8135 per share, equivalent to a 0.5% annualized yield.

Flaharty Asset Management LLC lessened its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 91.0% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 857 shares of the exchange traded fund's stock after selling 8,616 shares during the quarter. Flaharty Asset Management LLC's holdings in Invesco QQQ were worth $611,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Worth Asset Management LLC grew its stake in Invesco QQQ by 359.1% in the 2nd quarter. Worth Asset Management LLC now owns 16,719 shares of the exchange traded fund's stock valued at $12,312,000 after buying an additional 13,077 shares during the last quarter. Beaird Harris Wealth Management LLC raised its holdings in Invesco QQQ by 394.6% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 460 shares of the exchange traded fund's stock valued at $339,000 after acquiring an additional 367 shares during the period. Gradient Investments LLC lifted its position in Invesco QQQ by 24.0% during the second quarter. Gradient Investments LLC now owns 18,321 shares of the exchange traded fund's stock worth $13,491,000 after acquiring an additional 3,545 shares during the last quarter. Rockland Trust Co. lifted its position in Invesco QQQ by 11.9% during the second quarter. Rockland Trust Co. now owns 1,834 shares of the exchange traded fund's stock worth $1,351,000 after acquiring an additional 195 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Invesco QQQ by 6.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,132 shares of the exchange traded fund's stock worth $2,308,000 after acquiring an additional 178 shares during the period. Institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $723.03 on Friday. Invesco QQQ has a 12-month low of $555.60 and a 12-month high of $748.65. The business has a 50 day moving average of $714.18 and a 200-day moving average of $661.14.

Invesco QQQ Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 22nd were issued a dividend of $0.8135 per share. This represents a $3.25 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, June 22nd. This is an increase from Invesco QQQ's previous quarterly dividend of $0.73.

More Invesco QQQ News

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

• Positive Sentiment: Investors directed billions into broad U.S. equity ETFs and mega-cap technology leaders this week, signaling continued demand for the large Nasdaq-listed companies that heavily influence QQQ. Broad Market Momentum and Defensive Pivots: This Week's Top ETF Flows
• Positive Sentiment: A weaker-than-expected July employment report has reduced expectations for additional Fed rate hikes and increased hopes for easier monetary policy. Lower interest-rate expectations generally benefit growth and technology stocks by improving the value of future earnings. July Payrolls: Bad News Is Good Again
• Positive Sentiment: Nasdaq-focused ETFs and broader U.S. equity indicators advanced after midday, reinforcing the market’s current tech-led momentum and providing a favorable backdrop for QQQ. Exchange-Traded Funds Rise as US Equities Advance After Midday
• Neutral Sentiment: Analysts continue to debate whether the Nasdaq rally can extend through the second half of 2026. Potential catalysts include artificial-intelligence investment and easing financial conditions, while elevated valuations and earnings volatility remain key risks. A Guide to Nasdaq ETF Investing
• Negative Sentiment: Some investors are rotating defensively into ultra-short Treasuries, gold and healthcare, suggesting that geopolitical uncertainty and volatility are limiting broader risk appetite. A hotter-than-expected July CPI report could also revive inflation concerns and pressure high-growth technology valuations. July CPI Inflation Could Come in Hot

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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