Invesco QQQ $QQQ Shares Bought by Benjamin Edwards Inc.

Benjamin Edwards Inc. boosted its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 9.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 64,334 shares of the exchange traded fund's stock after acquiring an additional 5,564 shares during the period. Benjamin Edwards Inc.'s holdings in Invesco QQQ were worth $47,390,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cookson Peirce & Co. Inc. increased its holdings in Invesco QQQ by 60.2% in the 2nd quarter. Cookson Peirce & Co. Inc. now owns 591 shares of the exchange traded fund's stock valued at $435,000 after purchasing an additional 222 shares during the last quarter. Nichols & Pratt Advisers LLP MA acquired a new stake in shares of Invesco QQQ in the second quarter valued at $206,000. Spinnaker Trust grew its stake in shares of Invesco QQQ by 2.2% in the second quarter. Spinnaker Trust now owns 42,320 shares of the exchange traded fund's stock valued at $31,164,000 after buying an additional 899 shares in the last quarter. Capital Advisors Inc. OK raised its holdings in shares of Invesco QQQ by 0.7% in the 2nd quarter. Capital Advisors Inc. OK now owns 16,475 shares of the exchange traded fund's stock valued at $12,132,000 after buying an additional 111 shares during the period. Finally, Delta Asset Management LLC TN raised its holdings in shares of Invesco QQQ by 15.1% in the 2nd quarter. Delta Asset Management LLC TN now owns 1,169 shares of the exchange traded fund's stock valued at $861,000 after buying an additional 153 shares during the period. Hedge funds and other institutional investors own 44.58% of the company's stock.

More Invesco QQQ News

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 Stock Performance

Shares of NASDAQ:QQQ opened at $716.43 on Monday. Invesco QQQ has a 1 year low of $555.60 and a 1 year high of $748.65. The firm's 50-day moving average is $711.53 and its two-hundred day moving average is $671.99.

Invesco QQQ Increases Dividend

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

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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