Ramiah Investment Group Has $545,000 Position in Invesco QQQ $QQQ

Key Points

• Ramiah Investment Group cut its Invesco QQQ position by 93.3% in the first quarter, selling 13,121 shares and retaining 945 shares valued at approximately $545,000.
• QQQ recently traded at $687.99, up 0.6%, after rebounding alongside large-cap technology stocks; the fund also increased its quarterly dividend to $0.8135, equivalent to a 0.5% annualized yield.
• Key risks include elevated core PCE inflation, uncertainty over future Federal Reserve rate cuts, AI valuation concerns, rising Treasury yields and broader tariff and geopolitical pressures that could weigh on growth-oriented holdings.

Ramiah Investment Group lessened its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 93.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 945 shares of the exchange traded fund's stock after selling 13,121 shares during the quarter. Ramiah Investment Group's holdings in Invesco QQQ were worth $545,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Invesco QQQ during the fourth quarter valued at about $25,000. Shcp LLC acquired a new stake in shares of Invesco QQQ in the 3rd quarter worth about $27,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of 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 worth $28,000 after acquiring an additional 43 shares during the last quarter. Parvin Asset Management LLC bought a new position in Invesco QQQ in the 1st quarter valued at about $28,000. Finally, Rachor Investment Advisory Services LLC bought a new position in Invesco QQQ in the 4th quarter valued at about $29,000. Institutional investors and hedge funds 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: QQQ tracking the Nasdaq-100 rebounded sharply after its recent losing streak, reflecting renewed buying in large-cap technology stocks. QQQ ETF tracking Nasdaq-100 bounces sharply
• Positive Sentiment: Microsoft reported better-than-expected results, including strong Azure cloud and Copilot growth, reinforcing investor confidence in AI infrastructure spending and supporting QQQ’s technology-heavy holdings. Microsoft's Earnings Beat: A Ripple Effect Across ETF Landscape
• Positive Sentiment: Optimism among individual investors improved, while resilient consumer spending and underlying economic growth provided support for risk assets despite a weak headline GDP reading. AAII Sentiment Survey: Optimism Bounces Back
• Neutral Sentiment: The Federal Reserve held interest rates steady, but three dissents and uncertainty around future policy left investors focused on whether rate cuts can occur while inflation remains elevated. Fed Holds Rates Steady As 3 FOMC Members Dissent
• Negative Sentiment: Core PCE inflation remained high at 3.3% in June, potentially limiting the Fed’s ability to ease policy and keeping pressure on long-duration growth stocks such as those held by QQQ. PCE Data for June
• Negative Sentiment: Analysts questioned whether enthusiasm for AI-related stocks is fading, while a recent correction in the Nasdaq-100 and weakness in Asian technology markets highlighted valuation and concentration risks. AI Narrative Fading
• Negative Sentiment: Tariff uncertainty, the Iran conflict and rising Treasury yields add macroeconomic risks that could weigh on QQQ’s high-growth holdings. SCOTUS Tariff Ruling And Iran War

Invesco QQQ Trading Up 0.6%

QQQ stock opened at $687.99 on Friday. The business has a 50-day simple moving average of $715.63 and a two-hundred day simple moving average of $657.90. Invesco QQQ has a 52-week low of $551.68 and a 52-week high of $748.65.

Invesco QQQ Increases Dividend

The business also recently announced 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. This represents a $3.25 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, June 22nd.

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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