Invesco QQQ $QQQ is Bawa N Mallick Trust’s 2nd Largest Position

Bawa N Mallick Trust reduced its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 1.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 66,668 shares of the exchange traded fund’s stock after selling 1,009 shares during the quarter. Invesco QQQ comprises about 15.8% of Bawa N Mallick Trust’s investment portfolio, making the stock its 2nd biggest position. Bawa N Mallick Trust’s holdings in Invesco QQQ were worth $38,480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wealth Watch Advisors INC boosted its position in shares of Invesco QQQ by 13.9% during the first quarter. Wealth Watch Advisors INC now owns 19,527 shares of the exchange traded fund’s stock valued at $11,271,000 after buying an additional 2,385 shares during the period. Quadcap Wealth Management LLC grew its position in Invesco QQQ by 0.3% in the 1st quarter. Quadcap Wealth Management LLC now owns 20,131 shares of the exchange traded fund’s stock valued at $11,620,000 after acquiring an additional 62 shares during the last quarter. Cypress Capital Group increased its stake in Invesco QQQ by 0.6% in the first quarter. Cypress Capital Group now owns 22,792 shares of the exchange traded fund’s stock worth $13,155,000 after purchasing an additional 136 shares during the period. Everest Financial Group LLC purchased a new stake in Invesco QQQ in the first quarter worth $720,000. Finally, Waverly Advisors LLC lifted its position in shares of Invesco QQQ by 2.7% during the first quarter. Waverly Advisors LLC now owns 111,706 shares of the exchange traded fund’s stock worth $64,474,000 after purchasing an additional 2,907 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ News Summary

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 12-month low of $551.68 and a 12-month high of $748.65. The firm has a fifty day moving average price of $718.86 and a 200-day moving average price of $656.23.

Invesco QQQ Increases Dividend

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