Greenup Street Wealth Management LLC Sells 6,603 Shares of Invesco QQQ $QQQ

Greenup Street Wealth Management LLC decreased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 6.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 100,625 shares of the exchange traded fund’s stock after selling 6,603 shares during the period. Invesco QQQ comprises about 8.2% of Greenup Street Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Greenup Street Wealth Management LLC’s holdings in Invesco QQQ were worth $58,079,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Corient Private Wealth LLC grew its position in shares of Invesco QQQ by 3,567.7% in the 4th quarter. Corient Private Wealth LLC now owns 21,436,917 shares of the exchange traded fund’s stock worth $13,168,912,000 after acquiring an additional 20,852,432 shares in the last quarter. Bank of America Corp DE raised its position in shares of Invesco QQQ by 381.0% during the 4th quarter. Bank of America Corp DE now owns 19,547,552 shares of the exchange traded fund’s stock valued at $12,008,257,000 after acquiring an additional 26,505,055 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco QQQ by 11.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock valued at $2,179,321,000 after acquiring an additional 375,581 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Invesco QQQ by 21.4% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 3,025,000 shares of the exchange traded fund’s stock worth $1,858,288,000 after purchasing an additional 534,000 shares during the last quarter. Finally, Analyst IMS Investment Management Services Ltd. lifted its stake in Invesco QQQ by 68.6% during the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock worth $1,075,091,000 after purchasing an additional 712,026 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Invesco QQQ

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 Stock Up 0.8%

Invesco QQQ stock opened at $716.38 on Friday. Invesco QQQ has a 12 month low of $541.52 and a 12 month high of $748.65. The company has a fifty day moving average price of $703.61 and a two-hundred day moving average price of $642.34.

Invesco QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Monday, June 22nd will be given a $0.8135 dividend. This represents a $3.25 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Monday, June 22nd. This is an increase 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.