Rockport Wealth LLC Has $4.53 Million Position in Invesco QQQ $QQQ

Key Points

• Rockport Wealth LLC reduced its Invesco QQQ stake by 18.3% in the first quarter, selling 1,762 shares and leaving it with 7,848 shares valued at about $4.53 million.
• Broader institutional ownership remains significant, with hedge funds and other investors still holding 44.58% of QQQ shares, even as several smaller firms added new positions.
• Recent developments were mostly supportive for QQQ: softer June CPI data eased Fed hike fears, and the ETF also raised its quarterly dividend to $0.8135 per share from $0.73.

Rockport Wealth LLC lowered its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 18.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,848 shares of the exchange traded fund's stock after selling 1,762 shares during the period. Rockport Wealth LLC's holdings in Invesco QQQ were worth $4,530,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. University of Texas Texas AM Investment Management Co. purchased a new stake in Invesco QQQ in the 4th quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its position in Invesco QQQ by 2,150.0% during 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 period. Shcp LLC purchased a new position in Invesco QQQ during the 3rd quarter valued at about $27,000. Rachor Investment Advisory Services LLC purchased a new position in Invesco QQQ during the 4th quarter valued at about $29,000. Finally, Islay Capital Management LLC acquired a new position in shares of Invesco QQQ in the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 44.58% of the company's stock.

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: June CPI came in softer than expected, reducing the odds of additional Fed rate hikes and supporting valuation-sensitive growth stocks held by QQQ. June CPI Shakes Up 2026 Rate Hike Odds
• Positive Sentiment: Market commentary says the weaker inflation report helped stocks rise and eased the case for hawkish policy, a favorable backdrop for Nasdaq-100 exposure like QQQ. June CPI: Soft Inflation Data Undercuts The Hawkish Case
• Positive Sentiment: ETF flow data showed continued interest in Invesco funds, suggesting persistent demand for the issuer’s products even as investors compare QQQ with lower-fee alternatives. ETF League Tables: $721M Flows Into Invesco ETFs
• Neutral Sentiment: Articles highlighted QQQ’s role as indirect exposure to high-profile growth names like SpaceX and mega-cap AI leaders, reinforcing its relevance but not signaling an immediate catalyst. Want to Invest in SpaceX? Don't Buy the Stock.
• Negative Sentiment: Some coverage argued that cheaper Nasdaq-100 alternatives such as QQQM and other income ETFs may attract cost-conscious investors away from QQQ over time. Why QQQM's 0.15% Fee Crushes QQQ for Long-Term Growth Investors

Invesco QQQ Price Performance

NASDAQ QQQ opened at $717.74 on Thursday. The company has a 50 day simple moving average of $720.50 and a 200-day simple moving average of $652.26. Invesco QQQ has a 52-week low of $551.56 and a 52-week high of $748.65.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 22nd were paid a $0.8135 dividend. The ex-dividend date was Monday, June 22nd. This represents a $3.25 annualized dividend and a yield of 0.5%. This is a boost from Invesco QQQ's previous quarterly dividend of $0.73.

About Invesco QQQ

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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