Gradient Investments LLC Boosts Stock Position in Invesco QQQ $QQQ

Gradient Investments LLC raised its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 24.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,321 shares of the exchange traded fund’s stock after buying an additional 3,545 shares during the period. Gradient Investments LLC’s holdings in Invesco QQQ were worth $13,491,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of QQQ. Rockland Trust Co. lifted its stake in Invesco QQQ by 11.9% during the second quarter. Rockland Trust Co. now owns 1,834 shares of the exchange traded fund’s stock worth $1,351,000 after purchasing an additional 195 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in Invesco QQQ by 6.0% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,132 shares of the exchange traded fund’s stock valued at $2,308,000 after purchasing an additional 178 shares during the last quarter. Beacon Financial Strategies CORP purchased a new position in Invesco QQQ in the second quarter valued at approximately $217,000. Quantum Financial Advisors LLC increased its stake in Invesco QQQ by 96.9% in the second quarter. Quantum Financial Advisors LLC now owns 2,501 shares of the exchange traded fund’s stock valued at $1,842,000 after purchasing an additional 1,231 shares during the last quarter. Finally, Williams & Novak LLC raised its holdings in Invesco QQQ by 17.3% during the second quarter. Williams & Novak LLC now owns 3,176 shares of the exchange traded fund’s stock worth $2,339,000 after purchasing an additional 468 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $723.03 on Friday. Invesco QQQ has a twelve month low of $555.60 and a twelve month high of $748.65. The firm has a 50 day simple moving average of $714.18 and a 200-day simple moving average of $661.14.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors 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 annualized dividend and a yield of 0.5%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.73.

Key Stories Impacting Invesco QQQ

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

  • Positive Sentiment: Investors directed billions into broad U.S. equity ETFs and mega-cap technology leaders this week, signaling continued demand for the large Nasdaq-listed companies that heavily influence QQQ. Broad Market Momentum and Defensive Pivots: This Week’s Top ETF Flows
  • Positive Sentiment: A weaker-than-expected July employment report has reduced expectations for additional Fed rate hikes and increased hopes for easier monetary policy. Lower interest-rate expectations generally benefit growth and technology stocks by improving the value of future earnings. July Payrolls: Bad News Is Good Again
  • Positive Sentiment: Nasdaq-focused ETFs and broader U.S. equity indicators advanced after midday, reinforcing the market’s current tech-led momentum and providing a favorable backdrop for QQQ. Exchange-Traded Funds Rise as US Equities Advance After Midday
  • Neutral Sentiment: Analysts continue to debate whether the Nasdaq rally can extend through the second half of 2026. Potential catalysts include artificial-intelligence investment and easing financial conditions, while elevated valuations and earnings volatility remain key risks. A Guide to Nasdaq ETF Investing
  • Negative Sentiment: Some investors are rotating defensively into ultra-short Treasuries, gold and healthcare, suggesting that geopolitical uncertainty and volatility are limiting broader risk appetite. A hotter-than-expected July CPI report could also revive inflation concerns and pressure high-growth technology valuations. July CPI Inflation Could Come in Hot

Invesco QQQ Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQFree Report).

Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.