Parallel Advisors LLC lessened its stake in Invesco QQQ (NASDAQ:QQQ – Free Report) by 1.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,999 shares of the exchange traded fund’s stock after selling 961 shares during the period. Parallel Advisors LLC’s holdings in Invesco QQQ were worth $28,281,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. CAP Partners LLC increased its stake in Invesco QQQ by 3.5% in the 1st quarter. CAP Partners LLC now owns 444 shares of the exchange traded fund’s stock valued at $256,000 after buying an additional 15 shares during the period. Durante & Waters LLC lifted its stake in shares of Invesco QQQ by 1.1% in the 1st quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund’s stock worth $822,000 after acquiring an additional 15 shares during the period. Forty three Eighteen Advisors LLC boosted its holdings in shares of Invesco QQQ by 0.6% in the first quarter. Forty three Eighteen Advisors LLC now owns 2,694 shares of the exchange traded fund’s stock valued at $1,555,000 after acquiring an additional 16 shares in the last quarter. SJS Investment Consulting Inc. boosted its holdings 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 in the last quarter. Finally, Cascade Investment Group Inc. boosted its holdings in shares of Invesco QQQ by 4.6% in the fourth quarter. Cascade Investment Group Inc. now owns 388 shares of the exchange traded fund’s stock valued at $238,000 after acquiring an additional 17 shares in the last quarter. 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: Invesco ETFs attracted approximately $2.8 billion in daily net inflows on August 3, indicating strong investor demand for the firm’s products. While the data covers Invesco’s ETF lineup rather than QQQ alone, it is a favorable signal for the fund franchise. ETF League Tables: Invesco Picks Up $2.8B
- Positive Sentiment: U.S. equities advanced, with the Nasdaq and broad-market ETFs gaining as Caterpillar and Palantir delivered strong earnings reactions. Because QQQ is heavily weighted toward large-cap technology and growth companies, a tech-led market rally is a direct positive for the fund. Exchange-Traded Funds Rise as US Equities Advance After Midday
- Positive Sentiment: Analysts argue that AI stocks may have completed a recent washout, citing expanding capital expenditures, growing enterprise backlogs and historically attractive margins. That outlook supports QQQ’s major AI and semiconductor holdings. Chart Storm: 10 Reasons AI Stocks Have Bottomed
- Neutral Sentiment: QQQ remains one of the primary ETFs holding all seven “Magnificent 7” companies. Its concentration provides strong exposure to leading technology firms but also leaves performance dependent on a relatively small group of mega-cap stocks. The 3 ETFs That Hold the Most Magnificent 7
- Neutral Sentiment: SpaceX’s addition to the Nasdaq-100 has attracted attention, but its initial weighting is relatively small and is unlikely to materially affect QQQ in the near term. Is QQQ Worth Buying Now That SpaceX Has Joined the Nasdaq-100?
- Negative Sentiment: Micron’s sharp post-earnings pullback and broader weakness in semiconductor stocks highlight valuation and AI-cycle risks within QQQ’s technology-heavy portfolio. Micron’s Sharp Pullback Hits These 3 Major Tech ETFs
- Negative Sentiment: Invesco recorded roughly $5.6 billion in ETF outflows on July 31, showing that demand can be volatile despite the more recent inflow figure. ETF League Tables: Invesco Loses $5.6B
Invesco QQQ Trading Up 3.4%
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 issued a $0.8135 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $3.25 dividend on an annualized basis and a yield of 0.4%. This is a boost 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.
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