Ascension Capital Advisors Inc. Buys 2,678 Shares of Invesco QQQ $QQQ

Ascension Capital Advisors Inc. grew its position in Invesco QQQ (NASDAQ:QQQ) by 643.8% during the 1st quarter, HoldingsChannel reports. The firm owned 3,094 shares of the exchange traded fund’s stock after purchasing an additional 2,678 shares during the quarter. Invesco QQQ comprises about 0.6% of Ascension Capital Advisors Inc.’s portfolio, making the stock its 19th largest holding. Ascension Capital Advisors Inc.’s holdings in Invesco QQQ were worth $1,786,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of QQQ. Bank of America Corp DE increased its holdings in Invesco QQQ by 381.0% during the 4th quarter. Bank of America Corp DE now owns 19,547,552 shares of the exchange traded fund’s stock worth $12,008,257,000 after purchasing an additional 26,505,055 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of Invesco QQQ by 3,567.7% during the fourth 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 in the last quarter. Delta Global Management LP acquired a new stake in Invesco QQQ in the 4th quarter valued at approximately $821,084,000. Align Financial LLC acquired a new stake in Invesco QQQ in the 4th quarter valued at approximately $78,118,000. Finally, Bank of Montreal Can lifted its stake in Invesco QQQ by 142.4% in the 4th quarter. Bank of Montreal Can now owns 1,431,050 shares of the exchange traded fund’s stock valued at $877,406,000 after acquiring an additional 840,803 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ News Roundup

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

• Positive Sentiment: Market commentary suggests QQQ can still benefit if upcoming mega-cap tech earnings beat expectations, especially from Alphabet and Tesla, which could lift the ETF given its heavy concentration in large growth stocks. Stock Market Today: Dow Falls As Oil Prices Jump; SMCI Surges With Alphabet, Tesla Earnings Next (Live Coverage)
• Neutral Sentiment: Several pieces frame the current market as one driven by earnings rather than macro headlines, which is relevant for QQQ because its next move will likely depend on whether top holdings can justify their valuations. Earnings, Earnings, Earnings Are What Matter Most
• Neutral Sentiment: Discussion about hyperscalers “making or breaking” the market highlights the ETF’s dependence on a narrow set of tech giants, but does not point to an immediate catalyst by itself. Hyperscalers Can Make/Break This Market
• Neutral Sentiment: ETF commentary notes that earnings growth is broadening beyond the largest names, which could help market breadth over time, but also implies QQQ may lag more diversified or equal-weight strategies if leadership narrows. ETFs for the Next Leg of Earnings Expansion
• Negative Sentiment: One article argues investors chasing AI-chip upside may be better served elsewhere, implying QQQ may be missing some of the strongest semiconductor-led gains and could underperform pure-play chip exposure. Forget QQQ. This Semiconductor Fund Nearly Quintupled Its 2026 Gain

Invesco QQQ Stock Down 0.5%

Invesco QQQ stock opened at $705.35 on Thursday. The company has a fifty day simple moving average of $719.91 and a 200 day simple moving average of $655.21. Invesco QQQ has a 1-year low of $551.68 and a 1-year high of $748.65.

Invesco QQQ Increases Dividend

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

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.