Invesco QQQ $QQQ is USA Financial Formulas' 9th Largest Position

Key Points

• USA Financial Formulas cut its QQQ stake by 93.7% in the first quarter, selling 99,541 shares and retaining 6,655 shares worth approximately $3.84 million. QQQ remains 0.7% of the firm’s portfolio and its ninth-largest position.
• QQQ shares were trading at $716.43, down 0.6%, within a 12-month range of $555.60 to $748.65. The ETF also raised its quarterly dividend to $0.8135, equivalent to an annualized $3.25 payout and a 0.5% yield.
• AI-related strength supports QQQ through strong Nvidia results and optimism about AI-driven productivity, but broader market weakness and persistent inflation could pressure its growth-oriented technology holdings.

USA Financial Formulas trimmed its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 93.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,655 shares of the exchange traded fund's stock after selling 99,541 shares during the quarter. Invesco QQQ comprises 0.7% of USA Financial Formulas' portfolio, making the stock its 9th largest position. USA Financial Formulas' holdings in Invesco QQQ were worth $3,841,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in QQQ. University of Texas Texas AM Investment Management Co. acquired a new stake in Invesco QQQ during the fourth quarter worth about $25,000. Shcp LLC acquired a new stake in Invesco QQQ during the 3rd quarter worth approximately $27,000. Annis Gardner Whiting Capital Advisors LLC lifted its position in 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 buying an additional 43 shares in the last quarter. Parvin Asset Management LLC purchased a new stake in Invesco QQQ during the first quarter worth approximately $28,000. Finally, High Point Wealth Management LLC increased its position in shares of 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 worth $31,000 after acquiring an additional 17 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Down 0.6%

Shares of NASDAQ QQQ opened at $716.43 on Friday. Invesco QQQ has a 12-month low of $555.60 and a 12-month high of $748.65. The stock has a fifty day moving average price of $711.53 and a 200 day moving average price of $671.59.

Invesco QQQ Increases Dividend

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

Key Headlines Impacting 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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