Constant Guidance Financial LLC Grows Stock Position in Invesco QQQ $QQQ

Constant Guidance Financial LLC lifted its holdings in Invesco QQQ (NASDAQ:QQQ) by 164.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 18,385 shares of the exchange traded fund’s stock after purchasing an additional 11,426 shares during the quarter. Invesco QQQ comprises 7.3% of Constant Guidance Financial LLC’s holdings, making the stock its 4th biggest position. Constant Guidance Financial LLC’s holdings in Invesco QQQ were worth $10,612,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. CAP Partners LLC raised its holdings in shares of Invesco QQQ by 3.5% in the first quarter. CAP Partners LLC now owns 444 shares of the exchange traded fund’s stock valued at $256,000 after purchasing an additional 15 shares during the last quarter. Durante & Waters LLC boosted its stake in shares of Invesco QQQ by 1.1% during the 1st quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund’s stock worth $822,000 after buying an additional 15 shares during the last quarter. Forty three Eighteen Advisors LLC boosted its stake in shares of Invesco QQQ by 0.6% during the 1st quarter. Forty three Eighteen Advisors LLC now owns 2,694 shares of the exchange traded fund’s stock worth $1,555,000 after buying an additional 16 shares during the last quarter. Tenon Financial LLC grew its holdings in shares of Invesco QQQ by 2.2% in the 4th quarter. Tenon Financial LLC now owns 805 shares of the exchange traded fund’s stock valued at $494,000 after acquiring an additional 17 shares in the last quarter. Finally, SJS Investment Consulting Inc. increased its position in shares of Invesco QQQ by 1.7% in the fourth quarter. SJS Investment Consulting Inc. now owns 1,017 shares of the exchange traded fund’s stock valued at $625,000 after acquiring an additional 17 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ News Roundup

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

• Positive Sentiment: Wall Street’s rebound ahead of the FOMC meeting and Big Tech earnings could provide near-term support if the Fed avoids a rate increase and technology companies deliver strong results. Wall Street Rebounds Ahead of FOMC & Big Tech Earnings
• Positive Sentiment: Several reports remain constructive on the AI investment cycle, arguing that demand for data centers and AI infrastructure can support earnings growth and extend the broader bull market. Wall Street’s AI CapEx Concerns Overlook Demand-Supply Outlook
• Positive Sentiment: A bullish technical commentary highlighted QQQ’s bounce from a perceived support zone, while aggressive buying in Nvidia tied to a major OpenAI data-center project helped reinforce enthusiasm for key fund holdings. Aggressive Buying On Nvidia Backing Massive OpenAI Data Center

Invesco QQQ Trading Down 1.0%

QQQ opened at $675.49 on Wednesday. Invesco QQQ has a 52-week low of $551.68 and a 52-week high of $748.65. The business’s 50-day simple moving average is $717.87 and its 200 day simple moving average is $657.00.

Invesco QQQ Increases Dividend

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

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.