D.A. Davidson & CO. Has $75.95 Million Stock Position in Invesco QQQ (NASDAQ:QQQ)

Posted by Francis Steltz on Jul 3rd, 2025

D.A. Davidson & CO. lessened its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 0.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 161,960 shares of the exchange traded fund’s stock after selling 67 shares during the period. D.A. Davidson & CO.’s holdings in Invesco QQQ were worth $75,947,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Bridge Generations Wealth Management LLC bought a new stake in Invesco QQQ during the fourth quarter worth approximately $35,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in shares of Invesco QQQ in the fourth quarter worth $36,000. Alpine Bank Wealth Management acquired a new position in Invesco QQQ in the 1st quarter valued at $50,000. Westend Capital Management LLC bought a new stake in Invesco QQQ during the first quarter valued at about $51,000. Finally, Banque Transatlantique SA bought a new stake in Invesco QQQ during the fourth quarter valued at about $57,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.7%

Shares of NASDAQ:QQQ opened at $550.80 on Thursday. The stock’s 50-day moving average is $516.09 and its 200-day moving average is $504.49. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $553.18.

Invesco QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Monday, June 23rd will be paid a dividend of $0.5911 per share. The ex-dividend date of this dividend is Monday, June 23rd. This represents a $2.36 annualized dividend and a yield of 0.43%.

Invesco QQQ Company 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.