Invesco QQQ $QQQ Shares Sold by GTS Securities LLC

GTS Securities LLC lessened its position in shares of Invesco QQQ (NASDAQ:QQQ) by 7.1% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 226,090 shares of the exchange traded fund’s stock after selling 17,150 shares during the period. Invesco QQQ makes up approximately 3.5% of GTS Securities LLC’s portfolio, making the stock its 4th largest position. GTS Securities LLC’s holdings in Invesco QQQ were worth $166,500,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in shares of 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 worth $12,008,257,000 after acquiring an additional 26,505,055 shares in the last quarter. Corient Private Wealth LLC increased its stake in shares of Invesco QQQ by 3,567.7% in the 4th quarter. Corient Private Wealth LLC now owns 21,436,917 shares of the exchange traded fund’s stock valued at $13,168,912,000 after purchasing an additional 20,852,432 shares in the last quarter. Delta Global Management LP acquired a new position in Invesco QQQ in the 4th quarter worth about $821,084,000. Align Financial LLC acquired a new position in Invesco QQQ in the 4th quarter worth about $78,118,000. Finally, Bank of Montreal Can boosted 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 worth $877,406,000 after purchasing an additional 840,803 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ News Summary

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

• Positive Sentiment: Nvidia’s robust results support QQQ: Strong results from Nvidia helped lift the Nasdaq-100 and S&P 500, reinforcing investor confidence in AI-related growth stocks that represent a significant portion of QQQ. Nvidia’s Robust Results Power Nasdaq, S&P 500 Index
• Positive Sentiment: AI productivity optimism remains a tailwind: Commentary that artificial intelligence could improve productivity and is helping support the U.S. economy favors QQQ’s large technology and semiconductor holdings. I’m Still Betting On AI Productivity
• Positive Sentiment: QQQ was highlighted as an investment idea: Zacks featured QQQ alongside Nvidia and several AI, data-center and cryptocurrency-related companies, keeping attention focused on the ETF’s growth-oriented exposure. Zacks Investment Ideas feature highlights
• Neutral Sentiment: Technical conditions remain constructive but selective: An analysis of SPY and QQQ described market conditions as stable enough for selective leverage, while emphasizing disciplined entry and exit rules. This supports sentiment but is not a direct fundamental catalyst. SPY And QQQ: Stable Still Supports Selective Leverage
• Negative Sentiment: Broad-market weakness is pressuring the ETF: Exchange-traded funds and U.S. equities were mixed to lower in afternoon trading, indicating that the broader risk-off tone is weighing on QQQ despite its technology exposure. Exchange-Traded Funds Fall, US Equities Mixed After Midday
• Negative Sentiment: Inflation and Federal Reserve uncertainty remain risks: Core PCE inflation held at 3.3% in July, while commentary warned that stalled disinflation leaves the Fed with less room for error. Higher-for-longer rates could weigh disproportionately on QQQ’s high-growth constituents. Core PCE Inflation At 3.3% In July

Invesco QQQ Price Performance

Shares of QQQ opened at $716.43 on Monday. Invesco QQQ has a 12 month low of $555.60 and a 12 month high of $748.65. The stock’s 50 day moving average is $711.53 and its two-hundred day moving average is $671.99.

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 given a dividend of $0.8135 per share. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.73. The ex-dividend date was Monday, June 22nd. This represents a $3.25 dividend on an annualized basis and a dividend yield of 0.5%.

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.