SageGuard Financial Group LLC Increases Position in Invesco QQQ $QQQ

SageGuard Financial Group LLC increased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 3.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,136 shares of the exchange traded fund’s stock after buying an additional 796 shares during the quarter. Invesco QQQ comprises about 2.2% of SageGuard Financial Group LLC’s holdings, making the stock its 11th largest position. SageGuard Financial Group LLC’s holdings in Invesco QQQ were worth $14,508,000 as of its most recent filing with the Securities & Exchange Commission.

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

Invesco QQQ Stock Up 2.5%

Shares of NASDAQ QQQ opened at $724.08 on Tuesday. The stock has a fifty day moving average price of $706.67 and a 200 day moving average price of $643.61. Invesco QQQ has a 1-year low of $544.66 and a 1-year high of $748.65.

Invesco QQQ Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Monday, June 22nd will be paid a $0.8135 dividend. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.73. The ex-dividend date is Monday, June 22nd. This represents a $3.25 annualized dividend and a dividend yield of 0.4%.

Key Headlines Impacting Invesco QQQ

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

• Positive Sentiment: SpaceX’s addition to the Nasdaq-100 could force large index funds, including QQQ, to buy shares, creating extra demand for Nasdaq-heavy portfolios. SpaceX joins Nasdaq-100 index weeks after SPCX IPO
• Positive Sentiment: Multiple pieces highlighted that Nasdaq-100 ETFs remain strong performers, with QQQ still benefiting from investor appetite for large-cap technology and AI-related names. Nasdaq-100 ETFs Keep Sizzling: Can the Rally Last?
• Neutral Sentiment: Comments about AI creating trillions in value reinforce the long-term case for tech-heavy ETFs like QQQ, but they do not provide an immediate stock-specific catalyst. AI Just Minted $10 Trillion and You Own None of It. These 4 ETFs Put You in the Game
• Neutral Sentiment: Some market coverage noted broad U.S. equities rising and mixed ETF performance, suggesting overall sentiment is constructive but not uniformly strong. Exchange-Traded Funds Mixed, US Equities Rise After Midday
• Negative Sentiment: Several articles warned the Nasdaq-100 may be flashing technical warning signs after a recent slide, which could pressure QQQ if tech momentum cools. Nasdaq 100 Flashes Warning Signs After 5-Day Slide: Is The Tech Rally Running Out Of Steam?

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.