Coastline Complete Wealth LLC Trims Holdings in Invesco QQQ $QQQ

Coastline Complete Wealth LLC decreased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 77.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,422 shares of the exchange traded fund’s stock after selling 14,942 shares during the period. Invesco QQQ accounts for about 1.6% of Coastline Complete Wealth LLC’s holdings, making the stock its 18th largest holding. Coastline Complete Wealth LLC’s holdings in Invesco QQQ were worth $2,552,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Independent Wealth Advisors LLC increased its position in Invesco QQQ by 1.8% during the 1st quarter. Independent Wealth Advisors LLC now owns 1,105 shares of the exchange traded fund’s stock valued at $638,000 after purchasing an additional 20 shares during the period. Segall Bryant & Hamill LLC purchased a new stake in shares of Invesco QQQ in the 1st quarter worth about $7,088,000. Raab & Moskowitz Asset Management LLC lifted its position in shares of Invesco QQQ by 1.3% in the 1st quarter. Raab & Moskowitz Asset Management LLC now owns 5,529 shares of the exchange traded fund’s stock worth $3,191,000 after purchasing an additional 70 shares during the period. GKV Capital Management Co. Inc. bought a new stake in shares of Invesco QQQ during the 1st quarter valued at about $278,000. Finally, J. Derek Lewis & Associates Inc. boosted its stake in shares of Invesco QQQ by 1.8% during the 1st quarter. J. Derek Lewis & Associates Inc. now owns 2,318 shares of the exchange traded fund’s stock valued at $1,338,000 after purchasing an additional 42 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Key Stories 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

Invesco QQQ Trading Up 0.6%

Shares of NASDAQ QQQ opened at $687.99 on Friday. Invesco QQQ has a 1 year low of $551.68 and a 1 year high of $748.65. The company’s 50-day moving average is $715.63 and its 200 day moving average is $657.90.

Invesco QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 22nd were given a dividend of $0.8135 per share. This represents a $3.25 annualized dividend and a yield of 0.5%. 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.

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.