Capital Advisors Ltd. LLC Boosts Stake in Invesco QQQ $QQQ

Capital Advisors Ltd. LLC lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 5.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 35,003 shares of the exchange traded fund’s stock after purchasing an additional 1,823 shares during the quarter. Invesco QQQ comprises approximately 2.3% of Capital Advisors Ltd. LLC’s investment portfolio, making the stock its 12th biggest position. Capital Advisors Ltd. LLC’s holdings in Invesco QQQ were worth $20,203,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC raised its stake in shares of Invesco QQQ by 15.0% in the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after acquiring an additional 4,989 shares during the period. Revolve Wealth Partners LLC increased its holdings in Invesco QQQ by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after purchasing an additional 176 shares during the last quarter. Jupiter Wealth Management LLC purchased a new stake in Invesco QQQ in the second quarter valued at approximately $290,000. Wealth Group Ltd. lifted its stake in Invesco QQQ by 283.7% during the 2nd quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock worth $13,587,000 after acquiring an additional 18,210 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Invesco QQQ by 1,057.3% during the second quarter. Invesco Ltd. now owns 33,063 shares of the exchange traded fund’s stock worth $18,239,000 after purchasing an additional 30,206 shares during the period. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: Articles highlighting strong earnings growth and continued demand for Nasdaq-100 names support the case for QQQ’s long-term performance, especially if big tech fundamentals remain intact.
• Positive Sentiment: The Nasdaq-100’s June rebalance and new index additions can keep passive inflows flowing into QQQ, helping reinforce demand for the ETF. The Qs Shift Gears: Nasdaq 100 Rebalances While SpaceX Looms
• Neutral Sentiment: Several pieces compare QQQ with QQQM and SPY, but these are mostly portfolio-structure and fee discussions rather than direct drivers of near-term performance. QQQ vs QQQM: Same Nasdaq-100 Index, One Clear Winner for Long-Term Investors
• Neutral Sentiment: Macro articles on inflation, Fed policy, GDP, and Iran peace talks signal a risk-on/risk-off backdrop that is influencing QQQ, but they do not point to a single ETF-specific event. Thursday’s Hot Inflation Print Could Scare A Lot Of People Into The Wrong Trade
• Negative Sentiment: Comments that a hotter inflation print and a hawkish Fed could hurt growth stocks are a headwind for QQQ, which is heavily weighted toward rate-sensitive technology names.
• Negative Sentiment: A bearish take on QQQ’s AI exposure suggests the market may be too optimistic about the durability of the megacap tech growth trade. QQQ: The AI Business Model Is Likely Collapsing

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $737.95 on Tuesday. Invesco QQQ has a fifty-two week low of $523.65 and a fifty-two week high of $748.65. The company has a 50 day moving average price of $697.96 and a 200 day moving average price of $640.45.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Monday, June 22nd will be given a dividend of $0.8135 per share. This is a boost 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 0.4%. The ex-dividend date of this dividend is Monday, June 22nd.

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.