Invesco QQQ $QQQ Holdings Increased by Greenwood Gearhart LLC

Key Points

• Greenwood Gearhart increased its QQQ stake by 4.5% in the second quarter, adding 3,874 shares to own 90,571 shares valued at approximately $66.7 million. QQQ represents 3.1% of the firm’s portfolio, while institutional investors collectively own 44.58% of the ETF.
• QQQ was trading near $710.93, within its $555.60–$748.65 12-month range, with its 50-day and 200-day moving averages at $713.92 and $667.70, respectively.
• The ETF’s outlook is mixed: artificial-intelligence spending may support Nasdaq-100 earnings, but elevated Treasury yields, hawkish Federal Reserve signals, broad equity weakness and potential market-making pressure are weighing on high-valuation technology stocks. QQQ also raised its quarterly dividend to $0.8135 per share, implying a 0.5% annualized yield.

Greenwood Gearhart LLC increased its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 4.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 90,571 shares of the exchange traded fund's stock after acquiring an additional 3,874 shares during the period. Invesco QQQ comprises 3.1% of Greenwood Gearhart LLC's holdings, making the stock its 10th largest position. Greenwood Gearhart LLC's holdings in Invesco QQQ were worth $66,696,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Corient Private Wealth LLC lifted its stake in shares of Invesco QQQ by 3,567.7% in the 4th quarter. Corient Private Wealth LLC now owns 21,436,917 shares of the exchange traded fund's stock valued at $13,168,912,000 after purchasing an additional 20,852,432 shares during the period. Bank of America Corp DE increased its holdings in Invesco QQQ by 381.0% in the fourth quarter. Bank of America Corp DE now owns 19,547,552 shares of the exchange traded fund's stock valued at $12,008,257,000 after buying an additional 26,505,055 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco QQQ by 11.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund's stock valued at $2,179,321,000 after buying an additional 375,581 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of Invesco QQQ by 21.4% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 3,025,000 shares of the exchange traded fund's stock worth $1,858,288,000 after acquiring an additional 534,000 shares in the last quarter. Finally, Bank of Montreal Can grew its position in shares of Invesco QQQ by 142.4% during the 4th quarter. Bank of Montreal Can now owns 1,431,050 shares of the exchange traded fund's stock valued at $877,406,000 after acquiring an additional 840,803 shares during the period. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ News Roundup

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

• Positive Sentiment: Investors continue to focus on artificial intelligence as a potential contributor to U.S. economic growth. Continued AI-related capital spending could support the earnings outlook for several large Nasdaq-100 constituents, including major semiconductor and cloud companies. How Much Is AI Contributing To U.S. Economic Growth?
• Positive Sentiment: QQQ had shown some recovery after an earlier selloff, indicating that investors were still willing to buy technology stocks on weakness. However, the rebound has not overcome broader rate and valuation concerns. QQQ ETF – Invesco QQQ Trust Trends Higher after Tuesday’s Slump
• Neutral Sentiment: Goldman Sachs agreed to acquire NEOS Investments, the issuer of the Nasdaq-100 High Income ETF. The transaction does not directly change QQQ’s holdings, but it highlights continued institutional demand for products tied to the Nasdaq-100 ecosystem. Goldman Sachs Just Paid $2.25 Billion for the Family Behind Your 14% Income Fund
• Negative Sentiment: Broad exchange-traded funds and U.S. equities declined during the session, creating direct selling pressure for QQQ and its large-cap technology holdings. Exchange-Traded Funds Fall as US Equities Decline After Midday
• Negative Sentiment: The 30-year Treasury yield reached its highest level since 2007 amid deficit and AI-spending concerns. Higher long-term yields reduce the relative appeal of high-valuation growth stocks and increase the discount rate applied to future technology earnings. 30-Year Treasury Yield Hits Highest Level Since 2007 as AI Spending and Deficits Collide
• Negative Sentiment: Federal Reserve meeting minutes were viewed as somewhat hawkish, reducing expectations for near-term monetary easing. The resulting pressure on interest-rate-sensitive stocks is particularly relevant for QQQ. Fed Minutes Lean Hawkish, But We Don't Expect A Hike
• Negative Sentiment: Technical commentary noted that QQQ “gamma flipped,” potentially forcing market makers to sell as prices declined and amplifying short-term volatility. QQQ just gamma flipped

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $710.93 on Friday. Invesco QQQ has a twelve month low of $555.60 and a twelve month high of $748.65. The business has a 50-day moving average price of $713.92 and a 200 day moving average price of $667.70.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.8135 per share. This represents a $3.25 annualized dividend 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 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.

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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