Invesco QQQ $QQQ is Investor s Fiduciary Advisor Network LLC's 4th Largest Position

Key Points

• Investor’s Fiduciary Advisor Network LLC reduced its QQQ position by 12.4% in the second quarter, but the ETF remains its fourth-largest holding, representing 3.7% of its portfolio and valued at $10.8 million.
• Institutional ownership remains substantial at 44.58%, with major investors including Corient Private Wealth and Bank of America significantly increasing their QQQ stakes.
• QQQ shares opened at $717.67, near their one-year high of $748.65, while its quarterly dividend increased to $0.8135, equivalent to an annualized $3.25 and a 0.5% yield. Growth prospects remain supported by strength in technology stocks, though AI valuations, higher yields and geopolitical tensions pose risks.

Investor s Fiduciary Advisor Network LLC lessened its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 12.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,683 shares of the exchange traded fund's stock after selling 2,075 shares during the quarter. Invesco QQQ accounts for approximately 3.7% of Investor s Fiduciary Advisor Network LLC's portfolio, making the stock its 4th largest holding. Investor s Fiduciary Advisor Network LLC's holdings in Invesco QQQ were worth $10,812,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in QQQ. Corient Private Wealth LLC boosted its holdings 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 worth $13,168,912,000 after purchasing an additional 20,852,432 shares in the last quarter. Bank of America Corp DE increased its position in shares of Invesco QQQ by 381.0% during the 4th 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 purchasing an additional 26,505,055 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco QQQ by 11.8% during the 4th 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 raised its holdings 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 valued at $1,858,288,000 after buying an additional 534,000 shares in the last quarter. Finally, Analyst IMS Investment Management Services Ltd. lifted its position in Invesco QQQ by 0.3% in the 2nd quarter. Analyst IMS Investment Management Services Ltd. now owns 1,787,559 shares of the exchange traded fund's stock worth $1,316,358,000 after buying an additional 4,751 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Up 1.2%

Shares of QQQ opened at $717.67 on Friday. The stock has a 50 day simple moving average of $711.01 and a two-hundred day simple moving average of $674.98. Invesco QQQ has a 1 year low of $555.60 and a 1 year high of $748.65.

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

Key Invesco QQQ News

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

• Positive Sentiment: Broad U.S. equity ETFs moved higher after midday, indicating a supportive market backdrop for QQQ and its mega-cap technology constituents. Exchange-Traded Funds Rise as US Equities Advance After Midday
• Positive Sentiment: TipRanks’ ETF AI Analyst gave QQQ an Outperform rating and identified at least 15% upside potential, reinforcing bullish sentiment toward the fund’s technology exposure. 3 ETFs to Buy with At Least 15% Upside Potential, According to the AI Analyst
• Positive Sentiment: Recent economic commentary characterized cooler payroll growth as consistent with a low probability of recession. A softer labor market could support expectations for lower interest rates, which generally benefits growth and technology stocks held by QQQ. Mixed Data, Cooler Payrolls - And Still A Low Probability Of Recession
• Neutral Sentiment: Market outlook articles presented competing views on inflation, wages, government debt, AI investment and September seasonality, suggesting investors remain divided over the durability of the technology-led rally. September Market Digest
• Negative Sentiment: Warnings of an AI-bubble burst, falling token prices and rising yields highlight valuation and rate risks for QQQ’s high-growth holdings. AI Bubble Burst: Token Prices Collapse, And Yields Soar
• Negative Sentiment: Escalating U.S.-Iran tensions and renewed discussion of the Iran conflict could increase market uncertainty and pressure risk-sensitive technology shares. Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Wednesday Amid Escalating US-Iran Tensions

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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