Invesco QQQ $QQQ Holdings Lessened by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC lowered its position in shares of Invesco QQQ (NASDAQ:QQQ) by 3.5% during the second quarter, Holdings Channel reports. The firm owned 59,533 shares of the exchange traded fund’s stock after selling 2,173 shares during the quarter. Invesco QQQ makes up about 1.2% of Dynamic Advisor Solutions LLC’s portfolio, making the stock its 9th largest holding. Dynamic Advisor Solutions LLC’s holdings in Invesco QQQ were worth $43,840,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. University of Texas Texas AM Investment Management Co. acquired a new position in Invesco QQQ during the fourth quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Invesco QQQ by 2,150.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 43 shares during the period. Shcp LLC purchased a new position in shares of Invesco QQQ during the third quarter worth approximately $27,000. Rachor Investment Advisory Services LLC purchased a new position in shares of Invesco QQQ during the fourth quarter worth approximately $29,000. Finally, Parvin Asset Management LLC acquired a new position in shares of Invesco QQQ in the 1st quarter valued at $28,000. 44.58% of the stock is owned by institutional investors and hedge funds.

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 Trading Down 0.9%

QQQ stock opened at $717.30 on Thursday. The company has a fifty day moving average price of $714.91 and a 200 day moving average price of $660.05. Invesco QQQ has a 12 month low of $555.60 and a 12 month high of $748.65.

Invesco QQQ Increases Dividend

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

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.