GTS Securities LLC Sells 17,150 Shares of Invesco QQQ $QQQ

Key Points

• GTS Securities reduced its Invesco QQQ position by 7.1%, selling 17,150 shares during the second quarter and retaining 226,090 shares valued at approximately $166.5 million. QQQ remains the firm’s fourth-largest holding, representing about 3.5% of its portfolio.
• QQQ shares opened at $716.43, near the upper end of their 52-week range of $555.60 to $748.65, with the 50-day and 200-day moving averages at $711.53 and $671.99, respectively.
• Invesco raised its quarterly dividend to $0.8135 per share, equivalent to an annualized $3.25 and a 0.5% yield. The ETF continues to benefit from enthusiasm around AI and technology stocks, although inflation and higher-for-longer interest rates remain risks.

GTS Securities LLC cut its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 7.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 226,090 shares of the exchange traded fund's stock after selling 17,150 shares during the quarter. Invesco QQQ accounts for about 3.5% of GTS Securities LLC's portfolio, making the stock its 4th largest holding. GTS Securities LLC's holdings in Invesco QQQ were worth $166,500,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of QQQ. University of Texas Texas AM Investment Management Co. acquired a new position in Invesco QQQ during the fourth quarter valued at $25,000. High Point Wealth Management LLC boosted its holdings in Invesco QQQ by 68.0% in the second quarter. High Point Wealth Management LLC now owns 42 shares of the exchange traded fund's stock valued at $31,000 after purchasing an additional 17 shares during the last quarter. Shcp LLC acquired a new stake in Invesco QQQ during the 3rd quarter worth about $27,000. Annis Gardner Whiting Capital Advisors LLC grew its position in Invesco QQQ by 2,150.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund's stock worth $28,000 after purchasing an additional 43 shares during the period. Finally, Parvin Asset Management LLC purchased a new position in shares of Invesco QQQ during the 1st quarter valued at about $28,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of QQQ stock opened at $716.43 on Monday. The business has a 50-day simple moving average of $711.53 and a 200-day simple moving average of $671.99. Invesco QQQ has a 52-week low of $555.60 and a 52-week high of $748.65.

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 issued a dividend of $0.8135 per share. This represents a $3.25 annualized dividend and a yield of 0.5%. This is a positive change from Invesco QQQ's previous quarterly dividend of $0.73. The ex-dividend date of this dividend was Monday, June 22nd.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: Nvidia’s robust results support QQQ: Strong results from Nvidia helped lift the Nasdaq-100 and S&P 500, reinforcing investor confidence in AI-related growth stocks that represent a significant portion of QQQ. Nvidia's Robust Results Power Nasdaq, S&P 500 Index
• Positive Sentiment: AI productivity optimism remains a tailwind: Commentary that artificial intelligence could improve productivity and is helping support the U.S. economy favors QQQ’s large technology and semiconductor holdings. I'm Still Betting On AI Productivity
• Positive Sentiment: QQQ was highlighted as an investment idea: Zacks featured QQQ alongside Nvidia and several AI, data-center and cryptocurrency-related companies, keeping attention focused on the ETF’s growth-oriented exposure. Zacks Investment Ideas feature highlights
• Neutral Sentiment: Technical conditions remain constructive but selective: An analysis of SPY and QQQ described market conditions as stable enough for selective leverage, while emphasizing disciplined entry and exit rules. This supports sentiment but is not a direct fundamental catalyst. SPY And QQQ: Stable Still Supports Selective Leverage
• Negative Sentiment: Broad-market weakness is pressuring the ETF: Exchange-traded funds and U.S. equities were mixed to lower in afternoon trading, indicating that the broader risk-off tone is weighing on QQQ despite its technology exposure. Exchange-Traded Funds Fall, US Equities Mixed After Midday
• Negative Sentiment: Inflation and Federal Reserve uncertainty remain risks: Core PCE inflation held at 3.3% in July, while commentary warned that stalled disinflation leaves the Fed with less room for error. Higher-for-longer rates could weigh disproportionately on QQQ’s high-growth constituents. Core PCE Inflation At 3.3% In July

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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