First Trust Advisors LP Lowers Position in Invesco QQQ $QQQ

First Trust Advisors LP decreased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 19.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,931 shares of the exchange traded fund’s stock after selling 3,063 shares during the quarter. First Trust Advisors LP’s holdings in Invesco QQQ were worth $7,463,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of QQQ. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Invesco QQQ in the fourth quarter worth about $25,000. Shcp LLC bought a new stake in Invesco QQQ in the 3rd quarter worth approximately $27,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Invesco QQQ by 2,150.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 43 shares in the last quarter. Rachor Investment Advisory Services LLC purchased a new stake in shares of Invesco QQQ during the 4th quarter worth approximately $29,000. Finally, Islay Capital Management LLC bought a new position in shares of Invesco QQQ during the 4th quarter valued at approximately $32,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ News Summary

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

• Positive Sentiment: QQQ tracking the Nasdaq-100 rebounded sharply after its recent losing streak, reflecting renewed buying in large-cap technology stocks. QQQ ETF tracking Nasdaq-100 bounces sharply
• Positive Sentiment: Microsoft reported better-than-expected results, including strong Azure cloud and Copilot growth, reinforcing investor confidence in AI infrastructure spending and supporting QQQ’s technology-heavy holdings. Microsoft’s Earnings Beat: A Ripple Effect Across ETF Landscape
• Positive Sentiment: Optimism among individual investors improved, while resilient consumer spending and underlying economic growth provided support for risk assets despite a weak headline GDP reading. AAII Sentiment Survey: Optimism Bounces Back
• Neutral Sentiment: The Federal Reserve held interest rates steady, but three dissents and uncertainty around future policy left investors focused on whether rate cuts can occur while inflation remains elevated. Fed Holds Rates Steady As 3 FOMC Members Dissent
• Negative Sentiment: Core PCE inflation remained high at 3.3% in June, potentially limiting the Fed’s ability to ease policy and keeping pressure on long-duration growth stocks such as those held by QQQ. PCE Data for June
• Negative Sentiment: Analysts questioned whether enthusiasm for AI-related stocks is fading, while a recent correction in the Nasdaq-100 and weakness in Asian technology markets highlighted valuation and concentration risks. AI Narrative Fading
• Negative Sentiment: Tariff uncertainty, the Iran conflict and rising Treasury yields add macroeconomic risks that could weigh on QQQ’s high-growth holdings. SCOTUS Tariff Ruling And Iran War

Invesco QQQ Stock Performance

Shares of QQQ opened at $687.99 on Friday. The company’s fifty day moving average is $715.63 and its 200 day moving average is $657.90. Invesco QQQ has a fifty-two week low of $551.68 and a fifty-two week 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 paid a $0.8135 dividend. This represents a $3.25 dividend on an annualized basis and a dividend 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.