Invesco QQQ $QQQ Shares Sold by Ridgeline Wealth Planning LLC

Key Points

• Ridgeline Wealth Planning LLC reduced its Invesco QQQ position by 16% in the second quarter, selling 1,711 shares and retaining 8,956 shares valued at approximately $6.6 million.
• Institutional activity was mixed, with several major investors—including Bank of America and Corient Private Wealth—substantially increasing their holdings; institutional investors collectively own 44.58% of QQQ.
• QQQ was trading near $716, below its $748.65 one-year high, while its quarterly dividend increased to $0.8135, equivalent to an annualized $3.25 payout and a 0.5% yield.

Ridgeline Wealth Planning LLC lowered its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 16.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,956 shares of the exchange traded fund's stock after selling 1,711 shares during the period. Invesco QQQ makes up approximately 4.2% of Ridgeline Wealth Planning LLC's investment portfolio, making the stock its 7th largest holding. Ridgeline Wealth Planning LLC's holdings in Invesco QQQ were worth $6,595,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE lifted its stake in Invesco QQQ by 381.0% during the 4th quarter. Bank of America Corp DE now owns 19,547,552 shares of the exchange traded fund's stock valued at $12,008,257,000 after acquiring an additional 26,505,055 shares during the period. Corient Private Wealth LLC increased its stake in shares of Invesco QQQ by 3,567.7% in the fourth quarter. Corient Private Wealth LLC now owns 21,436,917 shares of the exchange traded fund's stock worth $13,168,912,000 after acquiring an additional 20,852,432 shares during the period. Delta Global Management LP acquired a new stake in shares of Invesco QQQ in the fourth quarter worth $821,084,000. Align Financial LLC purchased a new position in shares of Invesco QQQ during the fourth quarter worth $78,118,000. Finally, Bank of Montreal Can lifted its position in Invesco QQQ by 142.4% during the fourth quarter. Bank of Montreal Can now owns 1,431,050 shares of the exchange traded fund's stock valued at $877,406,000 after purchasing an additional 840,803 shares during the period. Institutional investors and hedge funds own 44.58% of the company's stock.

Invesco QQQ Stock Down 0.2%

NASDAQ:QQQ opened at $716.08 on Thursday. Invesco QQQ has a one year low of $555.60 and a one year high of $748.65. The firm's fifty day moving average is $714.04 and its two-hundred day moving average is $667.07.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders 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 of this dividend was Monday, June 22nd. This represents a $3.25 annualized dividend and a dividend yield of 0.5%.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: QQQ initially benefited from a rebound after Tuesday’s selloff, with the Nasdaq-100 ETF trending higher in premarket trading. Continued investor interest in artificial intelligence and technology leadership remains a supportive long-term factor. QQQ ETF – Invesco QQQ Trust Trends Higher after Tuesday’s Slump
• Positive Sentiment: Equity-options volatility has fallen to its lowest level since January, potentially improving trading conditions and reducing the cost of hedging or bullish options strategies. This may help stabilize risk appetite for large-cap growth stocks, although it is not a direct fundamental catalyst for QQQ. Volatility Is Falling. It’s a Good Time to Buy Options Again.
• Neutral Sentiment: Investors were positioned ahead of the Federal Reserve’s meeting minutes, leaving markets sensitive to any signal about interest rates and future policy. Mixed equity futures and broader ETF gains provided limited support. Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Wednesday Ahead of Fed Meeting Minutes’ Release
• Negative Sentiment: The main pressure is the bond market: the 30-year Treasury yield reached its highest level since 2007 amid concerns over government deficits and heavy AI-related capital spending. Higher long-term yields raise the discount rate applied to technology companies’ future earnings, weighing particularly on growth-heavy funds such as QQQ. 30-Year Treasury Yield Hits Highest Level Since 2007 as AI Spending and Deficits Collide
• Negative Sentiment: Technical positioning may be amplifying the decline. QQQ reportedly “gamma flipped,” forcing market makers to sell as the ETF moved lower, while ongoing debate about excessive technology valuations and AI-bubble risks adds pressure to Nasdaq-100 constituents. QQQ just ‘gamma flipped’ as market makers were forced to sell

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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