The Manufacturers Life Insurance Company Sells 59,822 Shares of Invesco QQQ $QQQ

Posted by Stanley Muller on Aug 2nd, 2026

The Manufacturers Life Insurance Company lessened its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 67.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,305 shares of the exchange traded fund’s stock after selling 59,822 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Invesco QQQ were worth $16,337,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. KCM Investment Advisors LLC increased its holdings in Invesco QQQ by 0.7% during the 1st quarter. KCM Investment Advisors LLC now owns 59,124 shares of the exchange traded fund’s stock worth $34,125,000 after acquiring an additional 399 shares during the period. Quantinno Capital Management LP boosted its holdings in Invesco QQQ by 37.7% in the 1st quarter. Quantinno Capital Management LP now owns 285,012 shares of the exchange traded fund’s stock valued at $164,503,000 after purchasing an additional 78,005 shares during the period. SummitTX Capital L.P. grew its position in shares of Invesco QQQ by 72.1% during the 1st quarter. SummitTX Capital L.P. now owns 288,332 shares of the exchange traded fund’s stock valued at $166,419,000 after purchasing an additional 120,788 shares in the last quarter. Cardiff Park Advisors LLC purchased a new position in shares of Invesco QQQ during the 1st quarter valued at $7,267,000. Finally, Gateway Wealth Partners LLC increased its holdings in shares of Invesco QQQ by 9.1% in the first quarter. Gateway Wealth Partners LLC now owns 19,046 shares of the exchange traded fund’s stock worth $10,992,000 after purchasing an additional 1,581 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Performance

Invesco QQQ stock opened at $687.99 on Friday. The business has a 50-day simple moving average of $715.63 and a 200 day simple moving average of $657.90. Invesco QQQ has a 52 week low of $551.68 and a 52 week high of $748.65.

Invesco QQQ Increases Dividend

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

Key Headlines Impacting Invesco QQQ

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.