Redhawk Loads Up on 7,181 QQQ Shares in Q2 Filing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 21 2025
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Source: Fool
Redhawk Wealth Advisors' Investment: On July 10, 2025, Redhawk Wealth Advisors disclosed a purchase of 7,181 shares of Invesco QQQ Trust, valued at $3.57 million, increasing their total holdings to 18,597 shares worth $10.44 million as of July 21, 2025.
Market Context and Strategy: Despite the NASDAQ-100 underperforming the S&P 500, Redhawk's significant investment in QQQ reflects a growth-oriented strategy amidst economic uncertainty, while still maintaining a focus on safer assets like gold and S&P 500 trackers.
Analyst Views on SPY
Wall Street analysts forecast SPY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 688.980
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
