Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 5.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 281,155 shares of the exchange traded fund’s stock after buying an additional 14,740 shares during the period. Invesco QQQ comprises 11.3% of Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s investment portfolio, making the stock its 2nd largest holding. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s holdings in Invesco QQQ were worth $172,940,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Valtrion Capital Management LLC acquired a new stake in Invesco QQQ during the 4th quarter worth about $227,000. Cookson Peirce & Co. Inc. acquired a new position in shares of Invesco QQQ in the 4th quarter valued at about $205,000. Conquis Financial LLC acquired a new position in shares of Invesco QQQ in the 4th quarter valued at about $103,000. Greykasell Wealth Strategies Inc. increased its holdings in shares of Invesco QQQ by 1.6% in the 4th quarter. Greykasell Wealth Strategies Inc. now owns 9,363 shares of the exchange traded fund’s stock valued at $5,752,000 after purchasing an additional 146 shares during the period. Finally, Liberty Square Wealth Partners LLC increased its holdings in shares of Invesco QQQ by 19.2% in the 4th quarter. Liberty Square Wealth Partners LLC now owns 18,534 shares of the exchange traded fund’s stock valued at $11,386,000 after purchasing an additional 2,988 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.
Invesco QQQ Trading Down 4.8%
Shares of QQQ opened at $705.06 on Friday. Invesco QQQ has a fifty-two week low of $523.65 and a fifty-two week high of $748.65. The business’s 50-day moving average is $666.91 and its 200-day moving average is $631.12.
Invesco QQQ Cuts Dividend
Invesco QQQ News Roundup
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: ETF flow data showed investors continued to pour money into broad large-cap equity funds, especially S&P 500 products, while risk-on interest in growth and tech exposure remained supported by AI optimism and strong recent stock market performance. Large-Cap Core Dominates May ETF Flows
- Positive Sentiment: Coverage highlighting the strength of growth ETFs and the Nasdaq-linked rally reinforces ongoing demand for index products like QQQ, which benefit when investors favor mega-cap tech and growth stocks. 2 Growth ETFs to Buy and Hold for 20 Years
- Positive Sentiment: Articles noting that stock funds surged in May on AI optimism suggest continued enthusiasm for the technology names that dominate QQQ’s holdings. Stock Funds Surge In May On AI Optimism — What’s Next?
- Neutral Sentiment: One article argued that the Nasdaq 100 may soon include SpaceX if it goes public, which would be a structural positive for the index over time, but it is not an immediate driver for QQQ today. What SpaceX’s IPO Means for Index Fund Investors
- Negative Sentiment: Several commentary pieces warned that the market may be overheating, with “AI bubble” and “market top” concerns, while another noted the same warning signs seen before past crashes—sentiment that can weigh on QQQ because of its heavy exposure to richly valued tech stocks. AI Bubble Is Way Bigger Than Dot-Com There Are Signs That A Market Top May Be Forming The Stock Market Is Flashing the Same Two Warning Signals It Did Before Past Crashes
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.
Further Reading
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