Capital Advisors Ltd. LLC Raises Holdings in Invesco QQQ $QQQ

Capital Advisors Ltd. LLC boosted its position in Invesco QQQ (NASDAQ:QQQ) by 5.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 35,003 shares of the exchange traded fund’s stock after purchasing an additional 1,823 shares during the quarter. Invesco QQQ comprises approximately 2.3% of Capital Advisors Ltd. LLC’s investment portfolio, making the stock its 12th largest position. Capital Advisors Ltd. LLC’s holdings in Invesco QQQ were worth $20,203,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sterling Investment Counsel LLC raised its position in shares of Invesco QQQ by 22.6% in the first quarter. Sterling Investment Counsel LLC now owns 2,228 shares of the exchange traded fund’s stock valued at $1,286,000 after buying an additional 411 shares during the last quarter. Capstone Wealth Management Group LLC grew its stake in Invesco QQQ by 1.4% during the 4th quarter. Capstone Wealth Management Group LLC now owns 14,165 shares of the exchange traded fund’s stock valued at $8,702,000 after acquiring an additional 196 shares in the last quarter. Warren Street Wealth Advisors LLC purchased a new position in Invesco QQQ in the 1st quarter worth approximately $6,092,000. Upper Left Wealth Management LLC boosted its holdings in shares of Invesco QQQ by 16.2% during the 1st quarter. Upper Left Wealth Management LLC now owns 753 shares of the exchange traded fund’s stock worth $435,000 after purchasing an additional 105 shares during the last quarter. Finally, Sunbeam Capital Management LLC grew its position in shares of Invesco QQQ by 27.5% in the first quarter. Sunbeam Capital Management LLC now owns 927 shares of the exchange traded fund’s stock valued at $535,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.4%

Shares of Invesco QQQ stock opened at $737.95 on Tuesday. The business’s 50 day moving average price is $697.96 and its 200 day moving average price is $640.45. Invesco QQQ has a one year low of $523.65 and a one 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. Shareholders of record on Monday, June 22nd will be paid a dividend of $0.8135 per share. 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. The ex-dividend date of this dividend is Monday, June 22nd.

Key Headlines Impacting Invesco QQQ

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

• Positive Sentiment: Articles highlighting strong earnings growth and continued demand for Nasdaq-100 names support the case for QQQ’s long-term performance, especially if big tech fundamentals remain intact.
• Positive Sentiment: The Nasdaq-100’s June rebalance and new index additions can keep passive inflows flowing into QQQ, helping reinforce demand for the ETF. The Qs Shift Gears: Nasdaq 100 Rebalances While SpaceX Looms
• Neutral Sentiment: Several pieces compare QQQ with QQQM and SPY, but these are mostly portfolio-structure and fee discussions rather than direct drivers of near-term performance. QQQ vs QQQM: Same Nasdaq-100 Index, One Clear Winner for Long-Term Investors
• Neutral Sentiment: Macro articles on inflation, Fed policy, GDP, and Iran peace talks signal a risk-on/risk-off backdrop that is influencing QQQ, but they do not point to a single ETF-specific event. Thursday’s Hot Inflation Print Could Scare A Lot Of People Into The Wrong Trade
• Negative Sentiment: Comments that a hotter inflation print and a hawkish Fed could hurt growth stocks are a headwind for QQQ, which is heavily weighted toward rate-sensitive technology names.
• Negative Sentiment: A bearish take on QQQ’s AI exposure suggests the market may be too optimistic about the durability of the megacap tech growth trade. QQQ: The AI Business Model Is Likely Collapsing

Invesco QQQ Company 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.