Invesco QQQ $QQQ Stake Decreased by White Wing Wealth Management

Key Points

• White Wing Wealth Management reduced its Invesco QQQ stake by 10.5% in the second quarter, selling 2,137 shares and retaining 18,257 shares valued at approximately $13.45 million. QQQ remains about 7% of the firm’s portfolio and its fifth-largest holding.
• QQQ opened at $723.03, within a 52-week range of $555.60 to $748.65, while institutional investors and hedge funds collectively own 44.58% of the fund.
• Invesco QQQ raised its quarterly dividend to $0.8135 per share, up from $0.73, representing an annualized payout of $3.25 and a 0.5% yield. Tech-led ETF demand and expectations for easier monetary policy support QQQ, although elevated valuations, inflation risks and defensive investor rotation remain concerns.

White Wing Wealth Management trimmed its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 10.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,257 shares of the exchange traded fund's stock after selling 2,137 shares during the quarter. Invesco QQQ comprises approximately 7.0% of White Wing Wealth Management's portfolio, making the stock its 5th largest holding. White Wing Wealth Management's holdings in Invesco QQQ were worth $13,445,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. University of Texas Texas AM Investment Management Co. acquired a new position in Invesco QQQ in the fourth quarter valued at approximately $25,000. Shcp LLC acquired a new stake in Invesco QQQ in the 3rd quarter valued at approximately $27,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Invesco QQQ by 2,150.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund's stock valued at $28,000 after purchasing an additional 43 shares during the last quarter. Parvin Asset Management LLC purchased a new stake in Invesco QQQ in the first quarter valued at approximately $28,000. Finally, Rachor Investment Advisory Services LLC purchased a new stake in Invesco QQQ in the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own 44.58% of the company's stock.

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $723.03 on Friday. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $748.65. The stock's fifty day moving average is $714.18 and its two-hundred day moving average is $661.14.

Invesco QQQ Increases Dividend

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

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: Investors directed billions into broad U.S. equity ETFs and mega-cap technology leaders this week, signaling continued demand for the large Nasdaq-listed companies that heavily influence QQQ. Broad Market Momentum and Defensive Pivots: This Week's Top ETF Flows
• Positive Sentiment: A weaker-than-expected July employment report has reduced expectations for additional Fed rate hikes and increased hopes for easier monetary policy. Lower interest-rate expectations generally benefit growth and technology stocks by improving the value of future earnings. July Payrolls: Bad News Is Good Again
• Positive Sentiment: Nasdaq-focused ETFs and broader U.S. equity indicators advanced after midday, reinforcing the market’s current tech-led momentum and providing a favorable backdrop for QQQ. Exchange-Traded Funds Rise as US Equities Advance After Midday
• Neutral Sentiment: Analysts continue to debate whether the Nasdaq rally can extend through the second half of 2026. Potential catalysts include artificial-intelligence investment and easing financial conditions, while elevated valuations and earnings volatility remain key risks. A Guide to Nasdaq ETF Investing
• Negative Sentiment: Some investors are rotating defensively into ultra-short Treasuries, gold and healthcare, suggesting that geopolitical uncertainty and volatility are limiting broader risk appetite. A hotter-than-expected July CPI report could also revive inflation concerns and pressure high-growth technology valuations. July CPI Inflation Could Come in Hot

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.

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ - Free Report).

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