Integrated Advisors Network LLC Has $27.66 Million Holdings in Invesco QQQ $QQQ

Integrated Advisors Network LLC lessened its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 15.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 47,919 shares of the exchange traded fund’s stock after selling 8,915 shares during the period. Invesco QQQ comprises approximately 1.5% of Integrated Advisors Network LLC’s investment portfolio, making the stock its 8th largest holding. Integrated Advisors Network LLC’s holdings in Invesco QQQ were worth $27,658,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QQQ. Corient Private Wealth LLC lifted its stake in shares of Invesco QQQ by 3,567.7% during the 4th quarter. Corient Private Wealth LLC now owns 21,436,917 shares of the exchange traded fund’s stock worth $13,168,912,000 after buying an additional 20,852,432 shares during the last quarter. Bank of America Corp DE grew its stake in Invesco QQQ by 381.0% in the 4th quarter. Bank of America Corp DE now owns 19,547,552 shares of the exchange traded fund’s stock valued at $12,008,257,000 after buying an additional 26,505,055 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Invesco QQQ by 11.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock valued at $2,179,321,000 after buying an additional 375,581 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in Invesco QQQ by 21.4% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 3,025,000 shares of the exchange traded fund’s stock valued at $1,858,288,000 after acquiring an additional 534,000 shares during the period. Finally, Analyst IMS Investment Management Services Ltd. lifted its position in Invesco QQQ by 68.6% during the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock worth $1,075,091,000 after acquiring an additional 712,026 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $713.41 on Tuesday. Invesco QQQ has a 12-month low of $551.10 and a 12-month high of $748.65. The business has a 50 day moving average of $712.54 and a 200-day moving average of $646.51.

Invesco QQQ Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 22nd will be issued a dividend of $0.8135 per share. This represents a $3.25 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Monday, June 22nd. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.73.

Key Invesco QQQ News

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

• Positive Sentiment: SpaceX is joining the Nasdaq-100, which means QQQ — as a Nasdaq-100 ETF — will gain indirect exposure to the company and may see passive index-related buying as index funds add the new holding. Article Title
• Positive Sentiment: Multiple reports highlight that funds tracking the Nasdaq-100 must buy SpaceX, with investors viewing the addition as a fresh catalyst for the index and its ETF products. Article Title
• Neutral Sentiment: Market commentary shows retail sentiment around QQQ remains bullish, while broader futures action is mixed and tech stocks are reacting to Samsung-driven chip weakness. Article Title
• Negative Sentiment: Some articles warn that QQQ’s tech-heavy structure leaves it more volatile than broader index funds like VOO, which could limit enthusiasm among long-term investors if growth stocks cool. Article Title

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.