Invesco QQQ $QQQ is Integral Investment Advisors Inc.’s 2nd Largest Position

Integral Investment Advisors Inc. reduced its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 6.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,582 shares of the exchange traded fund’s stock after selling 1,567 shares during the quarter. Invesco QQQ accounts for 4.0% of Integral Investment Advisors Inc.’s portfolio, making the stock its 2nd biggest holding. Integral Investment Advisors Inc.’s holdings in Invesco QQQ were worth $18,102,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of QQQ. Brighton Jones LLC raised its position in Invesco QQQ by 15.0% in the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock worth $19,605,000 after buying an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Invesco QQQ by 3.5% during 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 acquiring an additional 176 shares during the last quarter. Jupiter Wealth Management LLC purchased a new stake in shares of Invesco QQQ during the 2nd quarter valued at about $290,000. Wealth Group Ltd. grew its stake in shares of Invesco QQQ by 283.7% in the second 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 during the period. Finally, Invesco Ltd. grew its stake in shares of Invesco QQQ by 1,057.3% in the second quarter. Invesco Ltd. now owns 33,063 shares of the exchange traded fund’s stock worth $18,239,000 after acquiring an additional 30,206 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.

More Invesco QQQ News

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

  • Positive Sentiment: Strong corporate earnings helped support equities and could provide a tailwind for QQQ’s technology-heavy holdings. Continued capital spending, enterprise demand and AI backlogs also support the longer-term growth outlook for major Nasdaq companies. Robust Earnings Help Boost Markets
  • Positive Sentiment: Some market commentary argues that AI stocks may have already completed a washout and that expanding AI capital expenditures and strong margins could revive investor interest in the sector. Chart Storm: 10 Reasons AI Stocks Have Bottomed
  • Neutral Sentiment: Broad-market ETFs were mixed after midday, indicating that investors lacked a clear risk-on or risk-off direction. This likely contributed to subdued trading in QQQ. Exchange-Traded Funds, US Equities Mixed After Midday
  • Neutral Sentiment: Strong historical returns and asset growth in leveraged Nasdaq funds such as ProShares Ultra QQQ (QLD) and ProShares UltraPro QQQ (TQQQ) highlight continued demand for Nasdaq exposure, although these products do not directly determine QQQ’s value. How ProShares Ultra QQQ Quietly Built $14.46 Billion in Assets
  • Negative Sentiment: Surprisingly strong jobs data lifted concerns that interest rates could remain higher for longer, pressuring growth-oriented technology valuations. Semiconductor weakness, including a sharp pullback in Micron, also weighs on QQQ’s chip exposure. Stock Market Today: Dow Rises After Surprise Jobs Data Micron’s Sharp Pullback Hits Major Tech ETFs
  • Negative Sentiment: Bearish commentary warning that the AI rally could resume its decline, combined with concerns about elevated chip valuations and a possible September correction, encouraged profit-taking in Nasdaq growth stocks. The AI Bubble Burst To Resume: Sell The Rally

Invesco QQQ Price Performance

QQQ opened at $717.30 on Thursday. The firm has a 50 day moving average price of $714.91 and a 200-day moving average price of $660.05. Invesco QQQ has a twelve month low of $555.60 and a twelve month high of $748.65.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders 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 dividend on an annualized basis and a yield of 0.5%.

About Invesco QQQ

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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