Invesco QQQ (NASDAQ:QQQ) Stock Price Up 1.1% – Here’s Why

Posted by Geri Gentry on Jul 16th, 2026

Invesco QQQ (NASDAQ:QQQ – Get Free Report)’s stock price was up 1.1% during trading on Tuesday . The company traded as high as $722.29 and last traded at $719.69. 28,733,758 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 54,173,371 shares. The stock had previously closed at $711.74.

Invesco QQQ Stock Performance

The business’s 50 day simple moving average is $720.50 and its two-hundred day simple moving average is $652.26.

Invesco QQQ Increases Dividend

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

Hedge Funds Weigh In On Invesco QQQ

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE grew its holdings in shares of Invesco QQQ by 381.0% in the fourth 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 purchasing an additional 26,505,055 shares in the last quarter. Corient Private Wealth LLC grew its position in Invesco QQQ by 3,567.7% in 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 acquiring an additional 20,852,432 shares in the last quarter. Delta Global Management LP purchased a new stake in Invesco QQQ during the fourth quarter valued at approximately $821,084,000. Align Financial LLC purchased a new stake in Invesco QQQ during the fourth quarter valued at approximately $78,118,000. Finally, SG Americas Securities LLC lifted its stake in shares of Invesco QQQ by 120.2% in the 4th quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock valued at $131,292,000 after purchasing an additional 1,270,102 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Company Profile

(Get 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.