Invesco QQQ $QQQ Shares Bought by White Pine Investment CO

White Pine Investment CO grew its position in Invesco QQQ (NASDAQ:QQQ) by 6.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,355 shares of the exchange traded fund’s stock after buying an additional 765 shares during the period. Invesco QQQ accounts for approximately 1.8% of White Pine Investment CO’s investment portfolio, making the stock its 22nd largest position. White Pine Investment CO’s holdings in Invesco QQQ were worth $7,708,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Goodman Advisory Group LLC acquired a new position in shares of Invesco QQQ in the 3rd quarter valued at $25,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Invesco QQQ during the 4th quarter worth about $25,000. Shcp LLC purchased a new stake in Invesco QQQ in the 3rd quarter valued at about $27,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in Invesco QQQ by 2,150.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 43 shares during the period. Finally, Rachor Investment Advisory Services LLC acquired a new position in Invesco QQQ in the fourth quarter valued at about $29,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.8%

Shares of QQQ stock opened at $716.38 on Friday. The company has a 50-day moving average of $703.61 and a two-hundred day moving average of $642.34. Invesco QQQ has a 1-year low of $541.52 and a 1-year high of $748.65.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Monday, June 22nd will be issued a $0.8135 dividend. The ex-dividend date is Monday, June 22nd. This represents a $3.25 annualized dividend and a dividend yield of 0.5%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.73.

More Invesco QQQ News

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.

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.