Invesco QQQ $QQQ Shares Sold by Ameliora Wealth Management Ltd.

Key Points

• Ameliora Wealth Management reduced its Invesco QQQ position by 15.2% in the second quarter, selling 1,573 shares and retaining 8,788 shares worth approximately $6.47 million.
• Institutional activity was mixed, with several hedge funds increasing their holdings; institutional investors and hedge funds collectively owned 44.58% of QQQ.
• QQQ opened at $718.96, near its 52-week high of $748.65, while its quarterly dividend rose to $0.8135 per share, representing a 0.5% annualized yield. Growth prospects remain supported by Nasdaq-100 strength and technology earnings, but higher interest rates, Treasury yields, and AI-related margin concerns pose risks.

Ameliora Wealth Management Ltd. trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 15.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,788 shares of the exchange traded fund's stock after selling 1,573 shares during the quarter. Invesco QQQ accounts for about 1.9% of Ameliora Wealth Management Ltd.'s portfolio, making the stock its 13th largest position. Ameliora Wealth Management Ltd.'s holdings in Invesco QQQ were worth $6,471,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Nilsine Partners LLC increased its position in shares of Invesco QQQ by 2.9% in the 2nd quarter. Nilsine Partners LLC now owns 3,042 shares of the exchange traded fund's stock valued at $2,240,000 after acquiring an additional 86 shares during the period. Nvest Financial LLC grew its stake in Invesco QQQ by 1.4% during the 2nd quarter. Nvest Financial LLC now owns 8,379 shares of the exchange traded fund's stock valued at $6,170,000 after purchasing an additional 113 shares during the last quarter. Asset Allocation Strategies LLC grew its stake in Invesco QQQ by 3.1% during the 2nd quarter. Asset Allocation Strategies LLC now owns 32,393 shares of the exchange traded fund's stock valued at $23,854,000 after purchasing an additional 961 shares during the last quarter. Semitam Bonam LLC increased its holdings in shares of Invesco QQQ by 5.1% in the second quarter. Semitam Bonam LLC now owns 1,844 shares of the exchange traded fund's stock valued at $1,358,000 after purchasing an additional 90 shares during the period. Finally, Angeles Wealth Management LLC increased its holdings in shares of Invesco QQQ by 157.9% in the second quarter. Angeles Wealth Management LLC now owns 5,512 shares of the exchange traded fund's stock valued at $4,064,000 after purchasing an additional 3,375 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

More Invesco QQQ News

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

• Positive Sentiment: QQQ benefited from relative strength in the Nasdaq-100, while investor sentiment toward QQQ turned bullish ahead of the latest labor-market data. QQQ ETF edges higher as Nasdaq-100 outperforms
• Positive Sentiment: The August jobs report reportedly exceeded expectations, easing immediate concerns about a weakening labor market and supporting the “soft landing” or “Goldilocks” case for equities. That backdrop can help growth-focused technology stocks held by QQQ. Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Friday After August Jobs Report Tops Estimates
• Positive Sentiment: Analysts highlighted broad second-quarter earnings strength and a possible new capital-formation cycle, both of which could support continued demand for large-cap technology and artificial-intelligence companies represented in the Nasdaq-100. Second Quarter Earnings Show Breadth
• Neutral Sentiment: Trading was mixed across major ETFs, with some broad-market funds advancing and others declining. This suggests QQQ’s gains were driven more by Nasdaq-100 leadership than by a uniformly strong market. Exchange-Traded Funds Mixed, US Equities Lower After Midday
• Negative Sentiment: Investors are also weighing the possibility that resilient hiring and a separate report describing hot August inflation could delay rate cuts or even prompt a Federal Reserve hike. Higher interest rates generally pressure the long-duration growth stocks that dominate QQQ. Why The Fed Might Hike Rates After A Red-Hot August Inflation Report
• Negative Sentiment: Concerns that rising long-term Treasury yields could reflect inflation, fiscal pressure, or other structural risks create an additional valuation headwind for QQQ. Benign Or Malign? Reasons For The Rise In Long-Term U.S. Interest Rates
• Negative Sentiment: Profit-margin concerns surrounding the artificial-intelligence boom could weigh on several major QQQ holdings if heavy infrastructure spending fails to generate sufficient returns. The AI Boom Is Eating Its Own Margins

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $718.96 on Friday. Invesco QQQ has a 52-week low of $555.60 and a 52-week high of $748.65. The business has a 50-day moving average price of $711.26 and a 200-day moving average price of $675.29.

Invesco QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 22nd were issued a $0.8135 dividend. This is a boost from Invesco QQQ's previous quarterly dividend of $0.73. The ex-dividend date was Monday, June 22nd. This represents a $3.25 annualized dividend and a 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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