Family Manage LLC Sells 3,567 Shares of Invesco QQQ $QQQ

Family Manage LLC lowered its holdings in Invesco QQQ (NASDAQ:QQQ) by 22.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 12,021 shares of the exchange traded fund’s stock after selling 3,567 shares during the quarter. Invesco QQQ accounts for about 0.8% of Family Manage LLC’s holdings, making the stock its 23rd biggest position. Family Manage LLC’s holdings in Invesco QQQ were worth $6,938,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Invesco QQQ during the fourth quarter worth about $25,000. Shcp LLC bought a new position in Invesco QQQ in the 3rd quarter valued at about $27,000. Annis Gardner Whiting Capital Advisors LLC lifted its position 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 valued at $28,000 after acquiring an additional 43 shares in the last quarter. Rachor Investment Advisory Services LLC acquired a new position in Invesco QQQ during the 4th quarter valued at about $29,000. Finally, Islay Capital Management LLC acquired a new position in Invesco QQQ during the 4th quarter valued at about $32,000. Institutional investors own 44.58% of the company’s stock.

More Invesco QQQ News

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

• Positive Sentiment: Broader U.S. equity futures and major ETFs were higher pre-market Friday, which can support QQQ because it tracks the Nasdaq-100’s large-cap growth names. Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Amid New US Tariffs
• Positive Sentiment: Coverage highlighted that AI and hyperscaler earnings remain the market’s main focus, which can help QQQ if investors continue to bid up Nasdaq-heavy mega-cap tech. Nasdaq, S&P 500, Dow Futures Shake Off Iran Jitters As Investors Turn To AI Hyperscaler Earnings: INTC, TSLA, TTD, HIMS In Focus
• Neutral Sentiment: Intel’s strong earnings reaction showed some semiconductor strength, but mixed results across major tech names kept the broader QQQ outlook uneven. Stock Market Today: Dow Rises As Oil Prices Fall; Intel Shares Surge On Earnings (Live Coverage)
• Neutral Sentiment: Commentary on rising AI spending and high valuations suggests investors are still debating whether the tech rally has room to run or is getting stretched. Markets Track Lower As AI Spending Soars
• Negative Sentiment: Several articles warned that heavy spending, higher Treasury yields, and concern over the AI trade’s exhaustion could weigh on Nasdaq-heavy funds like QQQ if sentiment cools further. Treasury Yields Push Higher, Testing Wall Street’s Nerve
• Negative Sentiment: Thursday’s sharp drop in major tech names, including Alphabet and Tesla, underscored the risk that weakness in a few QQQ-heavy constituents can drag the ETF lower. Stock Market Today: Dow Jones Index Falls 300 Points As Alphabet, Tesla Dive On Earnings News (Live Coverage)

Invesco QQQ Price Performance

Shares of QQQ opened at $684.25 on Monday. Invesco QQQ has a 52 week low of $551.68 and a 52 week high of $748.65. The stock has a 50 day moving average price of $718.86 and a two-hundred day moving average price of $656.23.

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 given a dividend of $0.8135 per share. The ex-dividend date of this dividend was Monday, June 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.73. This represents a $3.25 annualized dividend and a dividend yield of 0.5%.

About Invesco QQQ

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.