Sonoma Allocations LLC Reduces Holdings in Invesco QQQ $QQQ

Sonoma Allocations LLC decreased its position in Invesco QQQ (NASDAQ:QQQ) by 4.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,130 shares of the exchange traded fund’s stock after selling 1,144 shares during the period. Invesco QQQ accounts for about 4.5% of Sonoma Allocations LLC’s investment portfolio, making the stock its 5th biggest position. Sonoma Allocations LLC’s holdings in Invesco QQQ were worth $12,995,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of QQQ. Orographic Financial Advisors LLC purchased a new stake in shares of Invesco QQQ in the 1st quarter worth $487,000. Paragon Private Wealth Management LLC raised its holdings in shares of Invesco QQQ by 6.3% in the first quarter. Paragon Private Wealth Management LLC now owns 1,444 shares of the exchange traded fund’s stock valued at $834,000 after acquiring an additional 85 shares in the last quarter. Royal Fund Management LLC lifted its stake in Invesco QQQ by 1.5% in the first quarter. Royal Fund Management LLC now owns 56,848 shares of the exchange traded fund’s stock worth $32,883,000 after acquiring an additional 863 shares during the period. Unconventional Investor LLC lifted its stake in Invesco QQQ by 52.3% in the first quarter. Unconventional Investor LLC now owns 1,045 shares of the exchange traded fund’s stock worth $603,000 after acquiring an additional 359 shares during the period. Finally, Financial Insights Inc. lifted its stake in Invesco QQQ by 9.7% in the first quarter. Financial Insights Inc. now owns 27,889 shares of the exchange traded fund’s stock worth $16,097,000 after acquiring an additional 2,464 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $683.55 on Friday. Invesco QQQ has a one year low of $551.68 and a one year high of $748.65. The company’s 50-day simple moving average is $716.22 and its two-hundred day simple moving average is $657.69.

Invesco QQQ Increases Dividend

The business also recently announced 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 annualized dividend and a yield of 0.5%. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.73. The ex-dividend date was Monday, June 22nd.

Invesco QQQ News Roundup

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

• Positive Sentiment: Microsoft earnings lifted the ETF. Microsoft reported $4.74 in EPS and $90 billion in revenue, with strong Azure cloud and Copilot growth reinforcing the artificial-intelligence investment theme. Microsoft’s rally supported QQQ because the ETF has significant exposure to the company and other large AI beneficiaries. Microsoft’s Earnings Beat: A Ripple Effect Across ETF Landscape
• Positive Sentiment: Broad technology stocks recovered. The Nasdaq and S&P 500 posted their strongest session in about a month, with gains in Microsoft, Alphabet, Oracle and other AI-linked shares helping QQQ move toward ending its recent losing streak. S&P 500, Nasdaq End Best Day in a Month
• Neutral Sentiment: QQQ remains concentrated in mega-cap growth stocks. Commentary comparing QQQ with SPYG highlights that performance depends less on broad technology exposure and more on the specific companies and weights held. This concentration increases upside when leaders outperform but also amplifies volatility. SPYG Vs. QQQ: It’s Not The Tech Exposure, It’s What’s Inside It
• Negative Sentiment: Interest-rate and inflation risks remain. The Federal Reserve held rates steady, but dissent among policymakers, elevated core PCE inflation and weaker-than-expected GDP kept the possibility of higher-for-longer rates alive. Rising yields generally pressure QQQ’s long-duration growth holdings. Fed Holds Rates Steady As 3 FOMC Members Dissent
• Negative Sentiment: AI valuation and geopolitical concerns remain overhangs. Recent warnings about excessive AI spending, chip-sector weakness and an oil-price spike tied to U.S.-Iran tensions contributed to the preceding correction and could limit the durability of the rebound. Oil Spikes 7%, Nasdaq 100 Sinks Before Fed

Invesco QQQ 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.