Invesco QQQ $QQQ Shares Sold by Higgins & Schmidt Wealth Strategies LLC

Higgins & Schmidt Wealth Strategies LLC trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 14.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,573 shares of the exchange traded fund’s stock after selling 769 shares during the period. Invesco QQQ comprises approximately 1.2% of Higgins & Schmidt Wealth Strategies LLC’s investment portfolio, making the stock its 14th biggest position. Higgins & Schmidt Wealth Strategies LLC’s holdings in Invesco QQQ were worth $2,639,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Goodman Advisory Group LLC acquired a new position in shares of Invesco QQQ in the 3rd quarter worth $25,000. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Invesco QQQ during the fourth quarter valued at $25,000. Shcp LLC purchased a new stake in shares of Invesco QQQ during the third quarter valued at $27,000. Annis Gardner Whiting Capital Advisors LLC boosted its position 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 valued at $28,000 after purchasing an additional 43 shares during the period. Finally, Rachor Investment Advisory Services LLC acquired a new position in shares of Invesco QQQ in the 4th quarter valued at $29,000. Institutional investors and hedge funds 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: Market commentary highlighted that QQQ could benefit from continued strength in mega-cap tech and AI-linked stocks, with some analysts arguing the broader S&P 500 and Nasdaq rallies remain fundamentally supported.
• Positive Sentiment: Several articles pointed to QQQ’s appeal for options-income strategies, including covered calls and 0DTE premium collection, underscoring persistent investor demand for the ETF and its liquid options market. Article Title
• Positive Sentiment: One note said tech investors are looking to July as QQQ’s historical “juggernaut” month, reinforcing a seasonal bullish narrative for the ETF.
• Neutral Sentiment: Broader market coverage showed mixed U.S. equity performance intraday, with some ETFs rising while others fell, indicating a choppy backdrop rather than a clear macro catalyst. Article Title
• Neutral Sentiment: Coverage on QQQ’s short interest was not meaningful, with reported short interest at zero shares, offering no real bearish signal.
• Negative Sentiment: Recent market chatter also reflected caution around tech volatility, with some articles warning about an approaching peak in semiconductors and other “troubling trends” that could weigh on Nasdaq-heavy funds like QQQ.

Invesco QQQ Price Performance

Shares of QQQ opened at $716.38 on Friday. The business’s 50-day moving average price is $703.61 and its 200 day moving average price is $642.34. Invesco QQQ has a 1-year low of $541.52 and a 1-year high of $748.65.

Invesco QQQ Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 22nd will be issued a $0.8135 dividend. The ex-dividend date is Monday, June 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.73. This represents a $3.25 annualized dividend and a dividend yield of 0.5%.

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.