Anchor Investment Management LLC Reduces Stock Position in Invesco QQQ $QQQ

Anchor Investment Management LLC lessened its stake in Invesco QQQ (NASDAQ:QQQ) by 4.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,158 shares of the exchange traded fund’s stock after selling 995 shares during the period. Invesco QQQ makes up approximately 1.2% of Anchor Investment Management LLC’s holdings, making the stock its 20th largest position. Anchor Investment Management LLC’s holdings in Invesco QQQ were worth $16,317,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. CAP Partners LLC increased its position in Invesco QQQ by 3.5% during the first quarter. CAP Partners LLC now owns 444 shares of the exchange traded fund’s stock valued at $256,000 after acquiring an additional 15 shares during the last quarter. Durante & Waters LLC boosted its position in Invesco QQQ by 1.1% in the first quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund’s stock worth $822,000 after purchasing an additional 15 shares during the last quarter. Roxbury Financial LLC boosted its position in Invesco QQQ by 19.7% in the second quarter. Roxbury Financial LLC now owns 91 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 15 shares during the last quarter. GoalVest Advisory LLC grew its stake in shares of Invesco QQQ by 0.5% during the 2nd quarter. GoalVest Advisory LLC now owns 3,016 shares of the exchange traded fund’s stock valued at $2,221,000 after purchasing an additional 15 shares during the period. Finally, Forty three Eighteen Advisors LLC grew its stake in shares of Invesco QQQ by 0.6% during the 1st quarter. Forty three Eighteen Advisors LLC now owns 2,694 shares of the exchange traded fund’s stock valued at $1,555,000 after purchasing an additional 16 shares during the period. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ traded down $4.64 during midday trading on Tuesday, hitting $704.54. 26,345,153 shares of the company’s stock traded hands, compared to its average volume of 49,519,594. The firm has a fifty day moving average of $710.27 and a 200 day moving average of $680.44. Invesco QQQ has a 1 year low of $555.60 and a 1 year high of $748.65.

Invesco QQQ Increases Dividend

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

Invesco QQQ News Roundup

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

• Positive Sentiment: QQQ could receive substantial mechanical support from the Nasdaq-100’s Sept. 18 rebalance. SpaceX’s index weighting is expected to more than double as additional shares become part of the public float, potentially requiring Nasdaq-100-tracking funds to purchase an estimated $15.5 billion to $22 billion of shares. SpaceX Defies Gravity With a Nasdaq-100 Double-Weighting Boost
• Neutral Sentiment: Kraken launched yield vaults for tokenized versions of QQQ and other major assets, which could broaden access to QQQ-linked exposure and create additional interest in the ETF’s ecosystem. The initiative is early-stage and is unlikely to materially affect QQQ’s underlying holdings or near-term performance. Kraken brings DeFi yield to tokenized stocks and ETFs
• Negative Sentiment: Interest-rate uncertainty is the clearest near-term pressure. The two-year Treasury yield remains elevated, while commentary around a potentially hawkish Federal Reserve—including the possibility of a rate hike—raises discount rates and can compress valuations for QQQ’s growth-heavy technology holdings. Gaming the Fed Odds for a Rate Hike Wednesday
• Negative Sentiment: Broad U.S. equity ETFs, including actively traded QQQ, were lower after midday, indicating that weakness was market-wide rather than isolated to the fund. Separate analysis also flagged elevated volatility and downside risks for QQQ during Fed week. Exchange-Traded Funds, US Equities Fall After Midday
• Negative Sentiment: Investors are also reassessing whether AI-related spending and earnings growth can justify high technology valuations. Articles describing an AI slowdown, bearish market narratives and expensive market multiples add pressure to QQQ’s concentrated exposure to mega-cap AI and technology companies. The AI Labs Said Slow Down… The Market Sold Memory Stocks

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.