Sei Investments Co. grew its holdings in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 149.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,037 shares of the exchange traded fund’s stock after purchasing an additional 1,222 shares during the quarter. Sei Investments Co.’s holdings in Invesco QQQ were worth $1,176,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Invesco QQQ in the fourth quarter valued at $25,000. Shcp LLC purchased a new position in Invesco QQQ during the third quarter worth about $27,000. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Invesco QQQ by 2,150.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 43 shares during the last quarter. Rachor Investment Advisory Services LLC acquired a new stake in Invesco QQQ in the 4th quarter worth about $29,000. Finally, Islay Capital Management LLC purchased a new stake in Invesco QQQ in the 4th quarter valued at about $32,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.
Key Headlines Impacting Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Investor demand remains strong: U.S.-listed ETFs attracted $37 billion last week, including $10.2 billion flowing into QQQ. At the same time, roughly 70% of Nasdaq-100 holdings traded above their 200-day moving averages, indicating broad participation in the rally. Semiconductor ETFs See Profit-Taking as Investors Pile Into QQQ Nasdaq 100 Breadth Hits Its Strongest Level in Over a Year
- Positive Sentiment: Commentary points to additional upside based on historical QQQ signals, market momentum, expected Federal Reserve liquidity, shifting rate expectations, and earnings strength among large technology companies. Historic QQQ Signal Suggests More Gains Ahead Why Momentum, Fed Liquidity, and Tech Beats Signal More Upside
- Neutral Sentiment: Reported short interest was zero shares, with a zero-day days-to-cover ratio. This offers no meaningful evidence of either short-covering support or rising bearish positioning.
- Negative Sentiment: Several analysts warn that AI enthusiasm, elevated valuations, and renewed market optimism could be unsustainable, increasing the risk of a pullback in QQQ’s heavily weighted technology holdings. Timing the AI Boom to Bust The One Chart That Tells Me It Is Time to Get Defensive
- Negative Sentiment: A comparison highlighting QQQ’s higher expense ratio versus the similar QQQM fund may encourage cost-conscious investors to switch products, potentially reducing demand for QQQ over time. Same 100 Stocks, Different Price
Invesco QQQ Trading Down 0.3%
Invesco QQQ Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 22nd were issued a $0.8135 dividend. 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%.
Invesco QQQ Company Profile
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.
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