Integrated Investment Consultants LLC Cuts Stock Position in Invesco QQQ $QQQ

Integrated Investment Consultants LLC decreased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 13.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,837 shares of the exchange traded fund’s stock after selling 1,347 shares during the quarter. Invesco QQQ comprises about 1.1% of Integrated Investment Consultants LLC’s investment portfolio, making the stock its 23rd biggest holding. Integrated Investment Consultants LLC’s holdings in Invesco QQQ were worth $5,101,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Asset Dedication LLC raised its position in shares of Invesco QQQ by 8.6% in the 1st quarter. Asset Dedication LLC now owns 5,837 shares of the exchange traded fund’s stock worth $3,369,000 after purchasing an additional 464 shares during the last quarter. Maripau Wealth Management LLC grew its position in Invesco QQQ by 64.8% during the 1st quarter. Maripau Wealth Management LLC now owns 2,327 shares of the exchange traded fund’s stock valued at $1,343,000 after purchasing an additional 915 shares during the last quarter. Westshore Wealth LLC increased its stake in Invesco QQQ by 2.7% during the 1st quarter. Westshore Wealth LLC now owns 826 shares of the exchange traded fund’s stock valued at $477,000 after purchasing an additional 22 shares in the last quarter. Serenity Investment Advisors raised its holdings in Invesco QQQ by 24.5% in the first quarter. Serenity Investment Advisors now owns 2,351 shares of the exchange traded fund’s stock worth $1,357,000 after buying an additional 463 shares during the last quarter. Finally, Glenmede Trust Co. NA raised its holdings in Invesco QQQ by 6.6% in the first quarter. Glenmede Trust Co. NA now owns 46,742 shares of the exchange traded fund’s stock worth $26,979,000 after buying an additional 2,893 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ News Summary

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

• Positive Sentiment: QQQ tracking the Nasdaq-100 rebounded sharply after its recent losing streak, reflecting renewed buying in large-cap technology stocks. QQQ ETF tracking Nasdaq-100 bounces sharply
• Positive Sentiment: Microsoft reported better-than-expected results, including strong Azure cloud and Copilot growth, reinforcing investor confidence in AI infrastructure spending and supporting QQQ’s technology-heavy holdings. Microsoft’s Earnings Beat: A Ripple Effect Across ETF Landscape
• Positive Sentiment: Optimism among individual investors improved, while resilient consumer spending and underlying economic growth provided support for risk assets despite a weak headline GDP reading. AAII Sentiment Survey: Optimism Bounces Back
• Neutral Sentiment: The Federal Reserve held interest rates steady, but three dissents and uncertainty around future policy left investors focused on whether rate cuts can occur while inflation remains elevated. Fed Holds Rates Steady As 3 FOMC Members Dissent
• Negative Sentiment: Core PCE inflation remained high at 3.3% in June, potentially limiting the Fed’s ability to ease policy and keeping pressure on long-duration growth stocks such as those held by QQQ. PCE Data for June
• Negative Sentiment: Analysts questioned whether enthusiasm for AI-related stocks is fading, while a recent correction in the Nasdaq-100 and weakness in Asian technology markets highlighted valuation and concentration risks. AI Narrative Fading
• Negative Sentiment: Tariff uncertainty, the Iran conflict and rising Treasury yields add macroeconomic risks that could weigh on QQQ’s high-growth holdings. SCOTUS Tariff Ruling And Iran War

Invesco QQQ Trading Up 0.6%

Shares of NASDAQ QQQ opened at $687.99 on Friday. The firm’s 50 day moving average price is $715.63 and its 200-day moving average price is $657.90. Invesco QQQ has a 52-week low of $551.68 and a 52-week high of $748.65.

Invesco QQQ Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 22nd were given a $0.8135 dividend. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.73. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $3.25 annualized dividend and a yield of 0.5%.

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.