Wealthfront Advisers LLC lessened its position in Invesco QQQ (NASDAQ:QQQ – Free Report) by 2.4% in the first quarter, HoldingsChannel reports. The firm owned 180,262 shares of the exchange traded fund’s stock after selling 4,494 shares during the quarter. Wealthfront Advisers LLC’s holdings in Invesco QQQ were worth $104,044,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in QQQ. Bank of America Corp DE lifted its position in Invesco QQQ by 381.0% during the fourth quarter. Bank of America Corp DE now owns 19,547,552 shares of the exchange traded fund’s stock valued at $12,008,257,000 after buying an additional 26,505,055 shares during the period. Corient Private Wealth LLC grew its position in shares of Invesco QQQ by 3,567.7% in the 4th quarter. Corient Private Wealth LLC now owns 21,436,917 shares of the exchange traded fund’s stock worth $13,168,912,000 after buying an additional 20,852,432 shares during the period. Delta Global Management LP purchased a new stake in shares of Invesco QQQ in the 4th quarter worth about $821,084,000. Align Financial LLC bought a new position in shares of Invesco QQQ in the 4th quarter worth about $78,118,000. Finally, SG Americas Securities LLC increased its stake in shares of Invesco QQQ by 120.2% in the 4th quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock worth $131,292,000 after acquiring an additional 1,270,102 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.
Invesco QQQ Stock Performance
Shares of QQQ opened at $717.74 on Thursday. Invesco QQQ has a fifty-two week low of $551.56 and a fifty-two week high of $748.65. The firm’s 50-day simple moving average is $720.50 and its two-hundred day simple moving average is $652.26.
Invesco QQQ Increases Dividend
Invesco QQQ News Roundup
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: June CPI came in softer than expected, reducing the odds of additional Fed rate hikes and supporting valuation-sensitive growth stocks held by QQQ. June CPI Shakes Up 2026 Rate Hike Odds
- Positive Sentiment: Market commentary says the weaker inflation report helped stocks rise and eased the case for hawkish policy, a favorable backdrop for Nasdaq-100 exposure like QQQ. June CPI: Soft Inflation Data Undercuts The Hawkish Case
- Positive Sentiment: ETF flow data showed continued interest in Invesco funds, suggesting persistent demand for the issuer’s products even as investors compare QQQ with lower-fee alternatives. ETF League Tables: $721M Flows Into Invesco ETFs
- Neutral Sentiment: Articles highlighted QQQ’s role as indirect exposure to high-profile growth names like SpaceX and mega-cap AI leaders, reinforcing its relevance but not signaling an immediate catalyst. Want to Invest in SpaceX? Don’t Buy the Stock.
- Negative Sentiment: Some coverage argued that cheaper Nasdaq-100 alternatives such as QQQM and other income ETFs may attract cost-conscious investors away from QQQ over time. Why QQQM’s 0.15% Fee Crushes QQQ for Long-Term Growth Investors
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.
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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ – Free Report).
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