V. M. Manning & CO. Inc. bought a new position in Invesco QQQ (NASDAQ:QQQ – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 979 shares of the exchange traded fund’s stock, valued at approximately $601,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco QQQ by 11.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock worth $2,179,321,000 after purchasing an additional 375,581 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Invesco QQQ by 0.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund’s stock worth $1,843,749,000 after purchasing an additional 8,038 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Invesco QQQ by 2.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,986,326 shares of the exchange traded fund’s stock worth $1,792,901,000 after purchasing an additional 64,025 shares during the last quarter. Analyst IMS Investment Management Services Ltd. lifted its holdings in Invesco QQQ by 68.6% in the 4th quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock worth $1,075,091,000 after purchasing an additional 712,026 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in Invesco QQQ by 0.5% in the 3rd quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock worth $827,346,000 after purchasing an additional 7,378 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.
Invesco QQQ Stock Performance
QQQ opened at $729.45 on Thursday. The business has a 50 day moving average price of $646.52 and a 200 day moving average price of $625.28. Invesco QQQ has a twelve month low of $511.93 and a twelve month high of $733.32.
Invesco QQQ Cuts Dividend
Key Invesco QQQ News
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: AI-driven buying and strong demand for mega-cap growth stocks have been supporting the Nasdaq-100, which is the core benchmark for Invesco QQQ (QQQ). S&P 500, Nasdaq, Dow Futures Rise As AI-Driven Tech Rally Overpowers ‘Defensive’ Iran Strikes: ONDS, NBIS, RCAT, SNOW In Focus
- Positive Sentiment: Investor positioning remains supportive for broad equity ETFs, with reports of institutional order flow expanding in technology names and other growth sectors that can lift QQQ. Institutional Order Flows Expand As Technology And Aerospace Drive Market Activity
- Neutral Sentiment: Market commentary continues to highlight strong interest in ETFs and index products, which reinforces QQQ’s role as a major vehicle for Nasdaq-100 exposure. There’s now more ETFs than stocks: What investors should know
- Neutral Sentiment: QQQ’s tokenized ETF listing and other ETF-related articles are more structural and product-related than immediate stock drivers. Invesco QQQ ETF (Ondo Tokenized ETF) (QQQON)
- Negative Sentiment: Some recent commentary pointed to a possible pause or volatility in Nasdaq strength due to weaker chip stocks and geopolitical uncertainty, which could temper gains in QQQ. Dow Closes At Record Highs On Iran Truce Optimism, While Nasdaq Snaps Four-Day Win Streak On Weak Chip Stocks — META, BA, AAL, DY, VRRM In Focus
- Negative Sentiment: Analysts also flagged technical risks for Nasdaq-100 ETF investors if major new listings enter the index and affect its balance, adding a potential headwind for QQQ. SpaceX’s IPO Could Create a Hidden Risk for Nasdaq-100 ETF Investors
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.
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