Signet Private Wealth LLC Sells 1,109 Shares of Invesco QQQ $QQQ

Signet Private Wealth LLC cut its position in Invesco QQQ (NASDAQ:QQQFree Report) by 42.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,519 shares of the exchange traded fund’s stock after selling 1,109 shares during the period. Invesco QQQ accounts for about 0.8% of Signet Private Wealth LLC’s investment portfolio, making the stock its 27th biggest position. Signet Private Wealth LLC’s holdings in Invesco QQQ were worth $877,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in 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 valued at $19,605,000 after purchasing an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Invesco QQQ by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock worth $2,687,000 after purchasing an additional 176 shares in the last quarter. Jupiter Wealth Management LLC bought a new stake in shares of Invesco QQQ during the second quarter worth $290,000. Wealth Group Ltd. grew its holdings in shares of Invesco QQQ by 283.7% during the second quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock worth $13,587,000 after purchasing an additional 18,210 shares during the last quarter. Finally, Invesco Ltd. increased 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 valued at $18,239,000 after buying an additional 30,206 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Key Headlines Impacting Invesco QQQ

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

  • Positive Sentiment: SpaceX is joining the Nasdaq-100, which means QQQ will gain indirect exposure to a new high-profile growth and AI infrastructure name. Because QQQ tracks the Nasdaq-100, index funds will need to buy shares, reinforcing the fund’s link to leading tech and innovation stocks. Article Title
  • Positive Sentiment: Several market updates said retail sentiment around QQQ remained bullish, while broader tech and AI-related stocks showed signs of resilience ahead of upcoming earnings and macro data. That can support investor interest in the ETF’s large-cap growth holdings. Article Title
  • Neutral Sentiment: Commentary on Q2 GDP, job growth, and the upcoming earnings stampede points to a busy macro and corporate calendar. Investors may be waiting for more evidence on growth and rates before adding to tech exposure. Article Title
  • Neutral Sentiment: Multiple articles debating the AI trade, market concentration, and whether tech is overextended suggest uncertainty around the sector that dominates QQQ’s holdings. This kind of debate can keep gains capped even when fundamentals remain solid. Article Title
  • Negative Sentiment: Tech futures were pressured after Samsung-related weakness hit the AI chip trade, and several notes warned that government scrutiny of AI could weigh on the sector. Since QQQ is heavily weighted toward mega-cap tech, any pullback in AI and semiconductors can drag the ETF lower. Article Title
  • Negative Sentiment: Broader commentary warning that the market is becoming more dangerous, that AI enthusiasm may be stretched, and that a growth-stock downturn could hurt leveraged and tech-heavy funds adds to risk-off sentiment around QQQ. Article Title

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock traded down $16.02 during trading on Tuesday, reaching $706.80. The company’s stock had a trading volume of 18,919,533 shares, compared to its average volume of 54,851,844. The stock has a 50-day moving average price of $712.54 and a two-hundred day moving average price of $646.51. Invesco QQQ has a one year low of $551.10 and a one 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. Shareholders of record on Monday, June 22nd will be issued a dividend of $0.8135 per share. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $3.25 dividend on an annualized basis and a yield of 0.5%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.73.

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.

Further Reading

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

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