Adaptive Financial Consulting LLC Has $16.53 Million Stake in Invesco QQQ $QQQ

Adaptive Financial Consulting LLC raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 3.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,632 shares of the exchange traded fund’s stock after buying an additional 983 shares during the period. Invesco QQQ comprises approximately 6.3% of Adaptive Financial Consulting LLC’s portfolio, making the stock its 6th largest position. Adaptive Financial Consulting LLC’s holdings in Invesco QQQ were worth $16,526,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Frisch Financial Group Inc. grew its holdings in Invesco QQQ by 0.9% in the 1st quarter. Frisch Financial Group Inc. now owns 6,988 shares of the exchange traded fund’s stock worth $4,033,000 after acquiring an additional 61 shares during the last quarter. Thayer Partners LLC MA raised its stake in shares of Invesco QQQ by 1.7% during the first quarter. Thayer Partners LLC MA now owns 23,837 shares of the exchange traded fund’s stock valued at $13,758,000 after acquiring an additional 391 shares during the last quarter. Independent Financial Group LLC bought a new position in shares of Invesco QQQ during the first quarter valued at about $67,307,000. Prosperity Consulting Group LLC boosted its holdings in shares of Invesco QQQ by 0.6% during the first quarter. Prosperity Consulting Group LLC now owns 126,020 shares of the exchange traded fund’s stock worth $72,736,000 after purchasing an additional 714 shares during the period. Finally, Frazier Financial Advisors LLC boosted its holdings in shares of Invesco QQQ by 19.5% during the first quarter. Frazier Financial Advisors LLC now owns 337 shares of the exchange traded fund’s stock worth $195,000 after purchasing an additional 55 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $705.94 on Friday. Invesco QQQ has a 1 year low of $551.68 and a 1 year high of $748.65. The business’s 50-day moving average is $720.72 and its 200 day moving average is $652.83.

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. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.73. The ex-dividend date was Monday, June 22nd. This represents a $3.25 annualized dividend and a yield of 0.5%.

More Invesco QQQ News

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

• Negative Sentiment: Chip stocks fell after TSMC’s spending outlook sparked concerns that the AI buildout may face margin pressure and weaker near-term returns, a headwind for Nasdaq-100 heavyweights like QQQ. Article Title
• Neutral Sentiment: Broader ETF and U.S. equity trading was mixed during the day, suggesting investors were rotating rather than broadly abandoning risk assets. Article Title
• Neutral Sentiment: Several articles highlighted QQQ’s long-term performance versus leveraged or alternative ETFs, but these were mostly commentary pieces and not a direct catalyst for the fund today. Article Title
• Neutral Sentiment: Macro updates on cooler inflation, Fed uncertainty, and geopolitical risks add to the market backdrop, but they are not specific to QQQ and have mixed implications for growth stocks. 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.