Krilogy Financial LLC Sells 866 Shares of Invesco QQQ $QQQ

Krilogy Financial LLC lessened its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 5.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,005 shares of the exchange traded fund’s stock after selling 866 shares during the period. Krilogy Financial LLC’s holdings in Invesco QQQ were worth $9,610,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Capital Wealth Management LLC boosted its holdings in shares of Invesco QQQ by 34.2% during the 1st quarter. Capital Wealth Management LLC now owns 2,060 shares of the exchange traded fund’s stock worth $1,189,000 after buying an additional 525 shares during the period. Certified Advisory Corp grew its position in shares of Invesco QQQ by 1.7% in the first quarter. Certified Advisory Corp now owns 61,687 shares of the exchange traded fund’s stock valued at $35,605,000 after purchasing an additional 1,030 shares during the last quarter. Signal Advisors Wealth LLC grew its holdings in Invesco QQQ by 10.4% in the 1st quarter. Signal Advisors Wealth LLC now owns 8,766 shares of the exchange traded fund’s stock valued at $5,060,000 after buying an additional 829 shares during the last quarter. Stonebridge Financial Group LLC MO increased its position in Invesco QQQ by 9.9% during the first quarter. Stonebridge Financial Group LLC MO now owns 3,499 shares of the exchange traded fund’s stock worth $2,020,000 after acquiring an additional 316 shares during the period. Finally, Discipline Wealth Solutions LLC increased its holdings in shares of Invesco QQQ by 3.0% during the 1st quarter. Discipline Wealth Solutions LLC now owns 2,730 shares of the exchange traded fund’s stock worth $1,576,000 after purchasing an additional 80 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of QQQ opened at $709.51 on Thursday. The stock’s 50-day moving average price is $701.85 and its 200 day moving average price is $641.70. Invesco QQQ has a 12-month low of $539.38 and a 12-month high of $748.65.

Invesco QQQ Increases Dividend

The company 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 0.5%. The ex-dividend date is Monday, June 22nd.

Key Stories Impacting Invesco QQQ

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

• Positive Sentiment: Some commentary argues the recent AI and semiconductor pullback is likely profit-taking rather than a broken long-term story, which could help QQQ rebound if buyers return. Market Strategist Says AI Selloff Is ‘Just Profit-Taking,’ Not a Broken Story
• Positive Sentiment: Several market outlook pieces suggest the S&P 500 and the broader rally still have upside left, which supports sentiment for large-cap growth exposure like QQQ. S&P 500’s Rally Still Looks Fundamentally Well Supported
• Positive Sentiment: Wall Street commentary says the current summer slump in stocks may be short-lived, suggesting recent weakness could be temporary rather than a trend change. Why Wall Street’s Summer Slump Will Be Short-Lived
• Neutral Sentiment: QQQ remains heavily used by options traders, and a new article highlighted covered-call income potential in the ETF. This reinforces QQQ’s popularity but does not materially change fundamentals. Can You Sell Covered Calls on Leveraged ETFs for Income? Yes, But The Yield Is Risky
• Neutral Sentiment: State Street launched a new Nasdaq 100 ETF, adding competition for QQQ-style exposure, but the near-term effect on QQQ’s price should be limited. State Street Goes Heads Up With Qs, Launches Nasdaq 100 ETF
• Negative Sentiment: Market coverage noted a broader tech sell-off and weakness in chip stocks, which is a headwind for QQQ because the fund is heavily weighted toward large technology names. Stock Market Today: Dow Falls After Tech Sell-Off; FedEx Dives On Earnings (Live Coverage)
• Negative Sentiment: Other commentary pointed to risks from higher-for-longer interest rates, rising real yields, and signs of a potential market rotation away from tech, all of which can pressure QQQ. Higher-For-Longer Interest Rates Could Disrupt The Current Market Narrative

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.