Garde Capital Inc. Acquires 1,620 Shares of Invesco QQQ $QQQ

Garde Capital Inc. boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 4.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,751 shares of the exchange traded fund’s stock after purchasing an additional 1,620 shares during the period. Invesco QQQ comprises approximately 1.2% of Garde Capital Inc.’s investment portfolio, making the stock its 17th biggest position. Garde Capital Inc.’s holdings in Invesco QQQ were worth $26,327,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Natural Investments LLC lifted its holdings in Invesco QQQ by 26.5% during the 2nd quarter. Natural Investments LLC now owns 1,621 shares of the exchange traded fund’s stock worth $1,193,000 after buying an additional 340 shares during the period. Lakeshore Capital Group Inc. increased its stake in shares of Invesco QQQ by 1.9% in the second quarter. Lakeshore Capital Group Inc. now owns 17,654 shares of the exchange traded fund’s stock valued at $13,000,000 after buying an additional 328 shares during the period. Manuka Financial LLC increased its stake in shares of Invesco QQQ by 30.1% in the second quarter. Manuka Financial LLC now owns 929 shares of the exchange traded fund’s stock valued at $684,000 after buying an additional 215 shares during the period. Levin Capital Strategies L.P. increased its stake in shares of Invesco QQQ by 0.3% in the second quarter. Levin Capital Strategies L.P. now owns 7,745 shares of the exchange traded fund’s stock valued at $5,703,000 after buying an additional 20 shares during the period. Finally, Ascent Wealth Partners LLC raised its position in shares of Invesco QQQ by 3.8% during the second quarter. Ascent Wealth Partners LLC now owns 100,147 shares of the exchange traded fund’s stock worth $73,749,000 after acquiring an additional 3,654 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ News Roundup

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 Stock Down 0.6%

Invesco QQQ stock opened at $716.43 on Friday. The stock’s 50 day moving average is $711.53 and its 200 day moving average is $671.59. Invesco QQQ has a one year low of $555.60 and a one year high of $748.65.

Invesco QQQ Increases Dividend

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

Invesco QQQ 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.