Invesco QQQ $QQQ Shares Acquired by Paragon Private Wealth Management LLC

Key Points

• Paragon Private Wealth Management increased its QQQ stake by 133.7% in the second quarter, adding 1,930 shares for a total of 3,374 shares valued at $2.485 million. Institutional investors and hedge funds collectively own 44.58% of QQQ.
• QQQ opened at $709.24 and was trading near its 50-day moving average of $710.98, with a 52-week range of $555.60 to $748.65. Strong ETF inflows and advancing U.S. equities have supported the fund, though elevated bond yields, AI-bubble concerns and geopolitical uncertainty pose risks.
• Invesco QQQ raised its quarterly dividend to $0.8135 from $0.73, equivalent to an annualized dividend of approximately $3.25 and a 0.5% yield.

Paragon Private Wealth Management LLC increased its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 133.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,374 shares of the exchange traded fund's stock after buying an additional 1,930 shares during the quarter. Paragon Private Wealth Management LLC's holdings in Invesco QQQ were worth $2,485,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QQQ. CAP Partners LLC grew its stake in shares of Invesco QQQ by 3.5% in the 1st quarter. CAP Partners LLC now owns 444 shares of the exchange traded fund's stock valued at $256,000 after purchasing an additional 15 shares during the last quarter. Durante & Waters LLC raised its stake in shares of Invesco QQQ by 1.1% during the first quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund's stock worth $822,000 after purchasing an additional 15 shares during the last quarter. Roxbury Financial LLC raised its stake in shares of Invesco QQQ by 19.7% during the second quarter. Roxbury Financial LLC now owns 91 shares of the exchange traded fund's stock worth $67,000 after purchasing an additional 15 shares during the last quarter. GoalVest Advisory LLC lifted its holdings in shares of Invesco QQQ by 0.5% during the second quarter. GoalVest Advisory LLC now owns 3,016 shares of the exchange traded fund's stock worth $2,221,000 after purchasing an additional 15 shares during the period. Finally, Forty three Eighteen Advisors LLC lifted its holdings in shares of Invesco QQQ by 0.6% during the first quarter. Forty three Eighteen Advisors LLC now owns 2,694 shares of the exchange traded fund's stock worth $1,555,000 after purchasing an additional 16 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ News Summary

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

• Positive Sentiment: U.S. equities advanced during Wednesday’s session, providing a favorable backdrop for QQQ and other broad equity ETFs. Exchange-Traded Funds Rise as US Equities Advance After Midday
• Positive Sentiment: TipRanks’ AI Analyst rated QQQ Outperform and identified at least 15% potential upside, reinforcing the bullish case for large-cap technology stocks. 3 ETFs to Buy with At Least 15% Upside Potential, According to the AI Analyst
• Positive Sentiment: August ETF flows showed strong demand for Nasdaq-100, S&P 500 and technology-focused funds, indicating continued capital inflows that can support QQQ’s underlying holdings. ETF Asset Flow of August: S&P 500 Tops
• Neutral Sentiment: A comparison found the covered-call ETF TDAQ slightly ahead of QQQ since its launch, but the article emphasized that QQQ is likely to outperform over longer periods, highlighting the trade-off between income and growth.
• Negative Sentiment: Reports of AI infrastructure delays, elevated bond yields and concerns about an AI bubble could pressure QQQ’s high-growth technology constituents.
• Negative Sentiment: Escalating U.S.-Iran tensions and uncertainty over monetary policy are increasing market volatility and may limit investor appetite for richly valued technology stocks. Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Wednesday Amid Escalating US-Iran Tensions

Invesco QQQ Trading Up 0.2%

NASDAQ:QQQ opened at $709.24 on Thursday. The firm's fifty day moving average price is $710.98 and its 200 day moving average price is $674.17. Invesco QQQ has a 1-year low of $555.60 and a 1-year high of $748.65.

Invesco QQQ Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 22nd were issued a $0.8135 dividend. 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. This represents a $3.25 annualized dividend and a dividend yield of 0.5%.

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.

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