Western Wealth Management LLC Buys 1,534 Shares of Invesco QQQ $QQQ

Key Points

• Western Wealth Management increased its Invesco QQQ stake by 1.2%, purchasing 1,534 shares to hold 131,472 shares valued at approximately $75.9 million. QQQ now represents 2.8% of the firm’s portfolio and is its second-largest holding.
• QQQ opened at $718.45, near its 52-week high of $748.65, while institutional investors and hedge funds collectively own 44.58% of the ETF.
• Invesco QQQ raised its quarterly dividend to $0.8135 from $0.73, equivalent to an annualized $3.25 payout and a 0.5% yield. Investor demand and technology-sector momentum remain strong, though elevated valuations and AI-related optimism pose pullback risks.

Western Wealth Management LLC grew its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 1.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 131,472 shares of the exchange traded fund's stock after purchasing an additional 1,534 shares during the period. Invesco QQQ comprises about 2.8% of Western Wealth Management LLC's holdings, making the stock its 2nd biggest holding. Western Wealth Management LLC's holdings in Invesco QQQ were worth $75,883,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Brighton Jones LLC boosted its holdings in shares of Invesco QQQ by 15.0% in the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund's stock worth $19,605,000 after buying an additional 4,989 shares during the period. Revolve Wealth Partners LLC increased its position in shares of Invesco QQQ by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund's stock worth $2,687,000 after acquiring an additional 176 shares in the last quarter. Jupiter Wealth Management LLC acquired a new stake in shares of Invesco QQQ during the second quarter valued at approximately $290,000. Wealth Group Ltd. raised its holdings in shares of Invesco QQQ by 283.7% during the second quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund's stock valued at $13,587,000 after acquiring an additional 18,210 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Invesco QQQ by 1,057.3% in the 2nd quarter. Invesco Ltd. now owns 33,063 shares of the exchange traded fund's stock valued at $18,239,000 after acquiring an additional 30,206 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company's stock.

Invesco QQQ Stock Down 0.3%

Invesco QQQ stock opened at $718.45 on Wednesday. The company has a 50 day moving average price of $713.19 and a 200 day moving average price of $662.93. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $748.65.

Invesco QQQ Increases Dividend

The firm 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. The ex-dividend date was Monday, June 22nd. This is an increase 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%.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: Investor demand remains strong: U.S.-listed ETFs attracted $37 billion last week, including $10.2 billion flowing into QQQ. At the same time, roughly 70% of Nasdaq-100 holdings traded above their 200-day moving averages, indicating broad participation in the rally. Semiconductor ETFs See Profit-Taking as Investors Pile Into QQQ Nasdaq 100 Breadth Hits Its Strongest Level in Over a Year
• Positive Sentiment: Commentary points to additional upside based on historical QQQ signals, market momentum, expected Federal Reserve liquidity, shifting rate expectations, and earnings strength among large technology companies. Historic QQQ Signal Suggests More Gains Ahead Why Momentum, Fed Liquidity, and Tech Beats Signal More Upside
• Neutral Sentiment: Reported short interest was zero shares, with a zero-day days-to-cover ratio. This offers no meaningful evidence of either short-covering support or rising bearish positioning.
• Negative Sentiment: Several analysts warn that AI enthusiasm, elevated valuations, and renewed market optimism could be unsustainable, increasing the risk of a pullback in QQQ’s heavily weighted technology holdings. Timing the AI Boom to Bust The One Chart That Tells Me It Is Time to Get Defensive
• Negative Sentiment: A comparison highlighting QQQ’s higher expense ratio versus the similar QQQM fund may encourage cost-conscious investors to switch products, potentially reducing demand for QQQ over time. Same 100 Stocks, Different Price

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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