Invesco QQQ $QQQ Shares Sold by NewEdge Advisors LLC

Key Points

• NewEdge Advisors cut its Invesco QQQ stake by 88.8% during the first quarter, selling 578,190 shares and retaining 72,976 shares valued at approximately $42.1 million.
• QQQ opened at $714.65, near its 50-day moving average, after gaining substantially from its 52-week low of $555.60 but remaining below its $748.65 high.
• Invesco QQQ increased its quarterly dividend to $0.8135 per share, or $3.25 annualized, implying a yield of roughly 0.5%; growth stocks remain supported by strong earnings but exposed to Fed-policy and market-volatility risks.

NewEdge Advisors LLC lessened its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 88.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,976 shares of the exchange traded fund's stock after selling 578,190 shares during the period. NewEdge Advisors LLC's holdings in Invesco QQQ were worth $42,120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in QQQ. CAP Partners LLC increased its position in 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 acquiring an additional 15 shares during the period. Durante & Waters LLC grew its stake in shares of Invesco QQQ by 1.1% in the 1st quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund's stock valued at $822,000 after purchasing an additional 15 shares during the last quarter. Forty three Eighteen Advisors LLC increased its holdings in shares of Invesco QQQ by 0.6% in the first quarter. Forty three Eighteen Advisors LLC now owns 2,694 shares of the exchange traded fund's stock valued at $1,555,000 after purchasing an additional 16 shares during the period. Cascade Investment Group Inc. increased its holdings in shares of Invesco QQQ by 4.6% in the fourth quarter. Cascade Investment Group Inc. now owns 388 shares of the exchange traded fund's stock valued at $238,000 after purchasing an additional 17 shares during the period. Finally, Keeler & Nadler Financial Planning & Wealth Management raised its stake in shares of Invesco QQQ by 3.0% during the fourth quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 576 shares of the exchange traded fund's stock worth $354,000 after purchasing an additional 17 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company's stock.

Key Invesco QQQ News

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

• Positive Sentiment: Strong corporate earnings have generally supported risk appetite and helped offset some market concerns, benefiting growth-oriented holdings in QQQ. Robust Earnings Help Boost Markets
• Positive Sentiment: Recent market highs and continued interest in token-related growth themes reinforce investor enthusiasm for technology and innovation stocks, sectors heavily represented in QQQ. Implications Of New Market Highs
• Neutral Sentiment: Long-term analysis continues to present QQQ as a potential wealth-building vehicle through regular contributions, but it also cautions that investors must tolerate significant volatility. History Says Investing $400 per Month in This ETF Could Set You Up for Life
• Neutral Sentiment: Joby Aviation’s raised guidance and production developments highlight strength in one technology-growth niche, although the company is not a QQQ holding and the direct effect on the ETF is limited. Joby Aviation Climbs 9% on Raised Guidance
• Negative Sentiment: Broad-market ETFs declined as U.S. equities weakened after midday, indicating reduced near-term risk appetite and pressure on index-tracking funds. Exchange-Traded Funds Decline as US Equities Fall After Midday
• Negative Sentiment: Potentially unpredictable Federal Reserve policy, including the possibility of a surprise move, increases uncertainty around interest rates. Higher or less predictable rates typically pressure richly valued Nasdaq-100 growth stocks. Kevin Warsh Opens Door to Surprise Fed Move
• Negative Sentiment: Mixed labor-market signals—particularly weaker hiring—could raise concerns about economic momentum and corporate growth, weighing on cyclical and high-valuation technology shares. U.S. Labor Market Just Flashed Surprising Signal
• Negative Sentiment: Sharp declines in AppLovin and Trade Desk after their reports show that investors are demanding exceptionally strong results from advertising-technology companies, creating pressure across parts of the growth-stock complex. Ad-Tech Stocks Separate Winners From Losers

Invesco QQQ Stock Down 0.4%

Shares of NASDAQ QQQ opened at $714.65 on Friday. The stock has a fifty day moving average price of $714.49 and a 200 day moving average price of $660.70. 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 disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 22nd were given a dividend of $0.8135 per share. This represents a $3.25 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, June 22nd. This is an increase from Invesco QQQ's previous quarterly dividend of $0.73.

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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