Adaptive Financial Consulting LLC Has $16.53 Million Stake in Invesco QQQ $QQQ

Adaptive Financial Consulting LLC lifted its stake in Invesco QQQ (NASDAQ:QQQ) by 3.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,632 shares of the exchange traded fund’s stock after purchasing an additional 983 shares during the period. Invesco QQQ accounts for about 6.3% of Adaptive Financial Consulting LLC’s investment portfolio, making the stock its 6th biggest holding. Adaptive Financial Consulting LLC’s holdings in Invesco QQQ were worth $16,526,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of QQQ. Bank of America Corp DE raised its stake in 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 worth $12,008,257,000 after buying an additional 26,505,055 shares in the last quarter. Corient Private Wealth LLC boosted its position in Invesco QQQ by 3,567.7% during the 4th quarter. Corient Private Wealth LLC now owns 21,436,917 shares of the exchange traded fund’s stock valued at $13,168,912,000 after acquiring an additional 20,852,432 shares in the last quarter. Delta Global Management LP bought a new stake in Invesco QQQ during the 4th quarter valued at approximately $821,084,000. Align Financial LLC purchased a new position in shares of Invesco QQQ during the 4th quarter worth approximately $78,118,000. Finally, SG Americas Securities LLC grew its holdings in shares of Invesco QQQ by 120.2% during the 4th quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock worth $131,292,000 after acquiring an additional 1,270,102 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ opened at $705.94 on Friday. The stock has a 50 day moving average price of $720.72 and a 200-day moving average price of $652.83. Invesco QQQ has a 52-week low of $551.68 and a 52-week high of $748.65.

Invesco QQQ Increases Dividend

The company 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. 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 yield of 0.5%.

Key Headlines Impacting Invesco QQQ

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

• Negative Sentiment: Chip stocks fell after TSMC’s spending outlook sparked concerns that the AI buildout may face margin pressure and weaker near-term returns, a headwind for Nasdaq-100 heavyweights like QQQ. Article Title
• Neutral Sentiment: Broader ETF and U.S. equity trading was mixed during the day, suggesting investors were rotating rather than broadly abandoning risk assets. Article Title
• Neutral Sentiment: Several articles highlighted QQQ’s long-term performance versus leveraged or alternative ETFs, but these were mostly commentary pieces and not a direct catalyst for the fund today. Article Title
• Neutral Sentiment: Macro updates on cooler inflation, Fed uncertainty, and geopolitical risks add to the market backdrop, but they are not specific to QQQ and have mixed implications for growth stocks. Article Title

Invesco QQQ 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.