Fermata Advisors LLC Buys 3,976 Shares of Invesco QQQ $QQQ

Fermata Advisors LLC boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 31.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,560 shares of the exchange traded fund’s stock after buying an additional 3,976 shares during the quarter. Invesco QQQ accounts for about 2.5% of Fermata Advisors LLC’s portfolio, making the stock its 6th largest holding. Fermata Advisors LLC’s holdings in Invesco QQQ were worth $12,194,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Carrera Capital Advisors grew its holdings in Invesco QQQ by 99.3% during the fourth quarter. Carrera Capital Advisors now owns 2,316 shares of the exchange traded fund’s stock worth $1,423,000 after acquiring an additional 1,154 shares during the period. Flatrock Wealth Partners LLC acquired a new position in Invesco QQQ in the first quarter valued at approximately $924,000. Hegarty Advisors LLC purchased a new stake in Invesco QQQ in the 1st quarter worth approximately $2,212,000. Ascension Capital Advisors Inc. grew its stake in shares of Invesco QQQ by 643.8% during the 1st quarter. Ascension Capital Advisors Inc. now owns 3,094 shares of the exchange traded fund’s stock worth $1,786,000 after purchasing an additional 2,678 shares during the period. Finally, Cane Capital Partners LLC acquired a new stake in shares of Invesco QQQ during the 4th quarter worth approximately $715,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Down 0.9%

NASDAQ:QQQ opened at $717.30 on Thursday. The company has a 50 day moving average price of $714.91 and a 200-day moving average price of $660.05. Invesco QQQ has a 1-year low of $555.60 and a 1-year high of $748.65.

Invesco QQQ Increases Dividend

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

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 Company 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.