Integrity Alliance LLC. Has $73.86 Million Stake in Invesco QQQ $QQQ

Integrity Alliance LLC. grew its holdings in Invesco QQQ (NASDAQ:QQQ) by 11.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 100,295 shares of the exchange traded fund’s stock after purchasing an additional 10,375 shares during the quarter. Invesco QQQ comprises about 2.3% of Integrity Alliance LLC.’s portfolio, making the stock its 7th biggest position. Integrity Alliance LLC.’s holdings in Invesco QQQ were worth $73,858,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Integrity Advisory Solutions LLC grew its stake in Invesco QQQ by 18.1% during the second quarter. Integrity Advisory Solutions LLC now owns 19,854 shares of the exchange traded fund’s stock worth $14,621,000 after purchasing an additional 3,049 shares during the period. Guidance Point Advisors LLC lifted its stake in Invesco QQQ by 0.9% in the second quarter. Guidance Point Advisors LLC now owns 1,875 shares of the exchange traded fund’s stock valued at $1,384,000 after buying an additional 17 shares during the period. Wealth Quarterback LLC lifted its stake in Invesco QQQ by 27.6% in the second quarter. Wealth Quarterback LLC now owns 22,702 shares of the exchange traded fund’s stock valued at $16,718,000 after buying an additional 4,909 shares during the period. Ellerson Group Inc. ADV boosted its holdings in shares of Invesco QQQ by 2.7% during the 2nd quarter. Ellerson Group Inc. ADV now owns 7,211 shares of the exchange traded fund’s stock worth $5,310,000 after buying an additional 192 shares in the last quarter. Finally, Quadcap Wealth Management LLC boosted its holdings in shares of Invesco QQQ by 1.1% during the 2nd quarter. Quadcap Wealth Management LLC now owns 20,358 shares of the exchange traded fund’s stock worth $14,992,000 after buying an additional 227 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.6%

Shares of QQQ stock opened at $716.43 on Friday. The firm has a 50 day moving average of $711.53 and a 200-day moving average of $671.59. Invesco QQQ has a 52 week low of $555.60 and a 52 week high of $748.65.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 22nd were paid 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 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, June 22nd.

More Invesco QQQ News

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

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.