Cooper Financial Group boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 5.8% during the second quarter, Holdings Channel reports. The institutional investor owned 79,322 shares of the exchange traded fund’s stock after acquiring an additional 4,354 shares during the quarter. Invesco QQQ comprises about 4.8% of Cooper Financial Group’s investment portfolio, making the stock its 2nd biggest position. Cooper Financial Group’s holdings in Invesco QQQ were worth $58,413,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of QQQ. CAP Partners LLC boosted its position in shares of Invesco QQQ by 3.5% during the 1st quarter. CAP Partners LLC now owns 444 shares of the exchange traded fund’s stock valued at $256,000 after acquiring an additional 15 shares in the last quarter. Durante & Waters LLC raised its position in Invesco QQQ by 1.1% in the first quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund’s stock worth $822,000 after purchasing an additional 15 shares in the last quarter. Roxbury Financial LLC lifted its stake in Invesco QQQ by 19.7% during the second quarter. Roxbury Financial LLC now owns 91 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 15 shares during the period. Forty three Eighteen Advisors LLC boosted its holdings in Invesco QQQ by 0.6% during the first quarter. Forty three Eighteen Advisors LLC now owns 2,694 shares of the exchange traded fund’s stock valued at $1,555,000 after purchasing an additional 16 shares in the last quarter. Finally, Cascade Investment Group Inc. boosted its holdings in Invesco QQQ by 4.6% during the fourth quarter. Cascade Investment Group Inc. now owns 388 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 17 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.
Invesco QQQ News Roundup
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Strong corporate earnings have generally supported risk appetite and helped offset some market concerns, benefiting growth-oriented holdings in QQQ. Robust Earnings Help Boost Markets
- Positive Sentiment: Recent market highs and continued interest in token-related growth themes reinforce investor enthusiasm for technology and innovation stocks, sectors heavily represented in QQQ. Implications Of New Market Highs
- Neutral Sentiment: Long-term analysis continues to present QQQ as a potential wealth-building vehicle through regular contributions, but it also cautions that investors must tolerate significant volatility. History Says Investing $400 per Month in This ETF Could Set You Up for Life
- Neutral Sentiment: Joby Aviation’s raised guidance and production developments highlight strength in one technology-growth niche, although the company is not a QQQ holding and the direct effect on the ETF is limited. Joby Aviation Climbs 9% on Raised Guidance
- Negative Sentiment: Broad-market ETFs declined as U.S. equities weakened after midday, indicating reduced near-term risk appetite and pressure on index-tracking funds. Exchange-Traded Funds Decline as US Equities Fall After Midday
- Negative Sentiment: Potentially unpredictable Federal Reserve policy, including the possibility of a surprise move, increases uncertainty around interest rates. Higher or less predictable rates typically pressure richly valued Nasdaq-100 growth stocks. Kevin Warsh Opens Door to Surprise Fed Move
- Negative Sentiment: Mixed labor-market signals—particularly weaker hiring—could raise concerns about economic momentum and corporate growth, weighing on cyclical and high-valuation technology shares. U.S. Labor Market Just Flashed Surprising Signal
- Negative Sentiment: Sharp declines in AppLovin and Trade Desk after their reports show that investors are demanding exceptionally strong results from advertising-technology companies, creating pressure across parts of the growth-stock complex. Ad-Tech Stocks Separate Winners From Losers
Invesco QQQ Trading Down 0.4%
Invesco QQQ Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 22nd were paid a $0.8135 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $3.25 annualized dividend and a yield of 0.5%. This is a positive change 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.
Featured Stories
- Five stocks we like better than Invesco QQQ
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ – Free Report).
Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.
