Maripau Wealth Management LLC Acquires 915 Shares of Invesco QQQ $QQQ

Maripau Wealth Management LLC lifted its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 64.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,327 shares of the exchange traded fund’s stock after buying an additional 915 shares during the quarter. Maripau Wealth Management LLC’s holdings in Invesco QQQ were worth $1,343,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QQQ. Westshore Wealth LLC increased its stake in shares of Invesco QQQ by 2.7% in the 1st quarter. Westshore Wealth LLC now owns 826 shares of the exchange traded fund’s stock worth $477,000 after acquiring an additional 22 shares in the last quarter. Serenity Investment Advisors boosted its stake in Invesco QQQ by 24.5% during the first quarter. Serenity Investment Advisors now owns 2,351 shares of the exchange traded fund’s stock worth $1,357,000 after acquiring an additional 463 shares in the last quarter. Glenmede Trust Co. NA boosted its stake in Invesco QQQ by 6.6% during the first quarter. Glenmede Trust Co. NA now owns 46,742 shares of the exchange traded fund’s stock worth $26,979,000 after acquiring an additional 2,893 shares in the last quarter. Summit Financial Wealth Advisors LLC grew its holdings in Invesco QQQ by 7.2% in the first quarter. Summit Financial Wealth Advisors LLC now owns 1,008 shares of the exchange traded fund’s stock worth $582,000 after purchasing an additional 68 shares during the period. Finally, Axiom Investment Management LLC purchased a new stake in Invesco QQQ in the first quarter worth about $1,592,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Up 0.6%

Shares of NASDAQ QQQ opened at $687.99 on Friday. The company has a 50 day simple moving average of $715.63 and a two-hundred day simple moving average of $657.90. Invesco QQQ has a fifty-two week low of $551.68 and a fifty-two week high of $748.65.

Invesco QQQ Increases Dividend

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

Invesco QQQ News Summary

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

  • Positive Sentiment: QQQ tracking the Nasdaq-100 rebounded sharply after its recent losing streak, reflecting renewed buying in large-cap technology stocks. QQQ ETF tracking Nasdaq-100 bounces sharply
  • Positive Sentiment: Microsoft reported better-than-expected results, including strong Azure cloud and Copilot growth, reinforcing investor confidence in AI infrastructure spending and supporting QQQ’s technology-heavy holdings. Microsoft’s Earnings Beat: A Ripple Effect Across ETF Landscape
  • Positive Sentiment: Optimism among individual investors improved, while resilient consumer spending and underlying economic growth provided support for risk assets despite a weak headline GDP reading. AAII Sentiment Survey: Optimism Bounces Back
  • Neutral Sentiment: The Federal Reserve held interest rates steady, but three dissents and uncertainty around future policy left investors focused on whether rate cuts can occur while inflation remains elevated. Fed Holds Rates Steady As 3 FOMC Members Dissent
  • Negative Sentiment: Core PCE inflation remained high at 3.3% in June, potentially limiting the Fed’s ability to ease policy and keeping pressure on long-duration growth stocks such as those held by QQQ. PCE Data for June
  • Negative Sentiment: Analysts questioned whether enthusiasm for AI-related stocks is fading, while a recent correction in the Nasdaq-100 and weakness in Asian technology markets highlighted valuation and concentration risks. AI Narrative Fading
  • Negative Sentiment: Tariff uncertainty, the Iran conflict and rising Treasury yields add macroeconomic risks that could weigh on QQQ’s high-growth holdings. SCOTUS Tariff Ruling And Iran War

About Invesco QQQ

(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.

Further Reading

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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