Plan A Wealth LLC acquired a new position in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 845 shares of the exchange traded fund’s stock, valued at approximately $625,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. High Point Wealth Management LLC boosted its stake in shares of Invesco QQQ by 68.0% during the second quarter. High Point Wealth Management LLC now owns 42 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 17 shares in the last quarter. Parvin Asset Management LLC acquired a new position in shares of Invesco QQQ in the first quarter valued at approximately $28,000. Islay Capital Management LLC bought a new position in Invesco QQQ in the 4th quarter valued at approximately $32,000. Financial Management Professionals Inc. raised its holdings in Invesco QQQ by 83.3% in the 2nd quarter. Financial Management Professionals Inc. now owns 55 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 25 shares during the last quarter. Finally, Bullseye Investment Management LLC bought a new position in Invesco QQQ in the 2nd quarter valued at approximately $44,000. Institutional investors and hedge funds own 44.58% of the company’s stock.
Invesco QQQ Trading Down 1.9%
QQQ traded down $14.12 during trading on Thursday, reaching $743.61. 21,859,705 shares of the company’s stock were exchanged, compared to its average volume of 48,070,070. Invesco QQQ has a one year low of $555.60 and a one year high of $762.86. The firm has a fifty day moving average price of $722.59 and a two-hundred day moving average price of $696.46.
Invesco QQQ Cuts Dividend
More Invesco QQQ News
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Nasdaq record highs, led by AI stocks, are keeping technology and semiconductor ETFs in focus. Continued AI-related demand could support QQQ’s large holdings in major technology companies. ETFs to Benefit as Nasdaq’s Breakthrough Still Matters
- Positive Sentiment: Institutional buying provided a modest supportive signal: Winebrenner Capital Management increased its QQQ position by 738 shares, raising its stake to 3,586 shares. Winebrenner Capital Management LLC Buys 738 Shares of Invesco QQQ
- Neutral Sentiment: QQQ remains highly concentrated in large technology leaders. That concentration has powered recent gains, but investors are debating whether market leaders can continue outperforming as the fourth quarter progresses. As Q4 Begins, I Don’t Want to Chase the Market Leaders
- Neutral Sentiment: Broader equities have shown resilience and reached new highs, but recent market commentary suggests that rising yields could become an important test for technology valuations. S&P 500 Scaled New Highs – Now Tech Faces Its Rate Test
- Negative Sentiment: Federal Reserve minutes were viewed as signaling a willingness to maintain or intensify restrictive policy amid mixed inflation data. Higher-for-longer rates reduce the present value of future technology earnings and can pressure QQQ. Fed Minutes Signal More Tightening Amid Mixed Inflation Data
- Negative Sentiment: Bond investors are reportedly demanding higher yields, while concerns about refinancing risks in private credit add to broader financial-market stress. Rising yields are a direct headwind for QQQ’s growth-heavy portfolio. Bond Investors Not Buying the Spin Anymore – Yields to Go Higher
- Negative Sentiment: Higher oil prices following renewed uncertainty over a potential Iran deal are adding inflation concerns and contributing to weaker equity futures, potentially reinforcing the case for tighter monetary policy. Exchange-Traded Funds and Equity Futures Down Pre-Bell Thursday
- Negative Sentiment: Analysts have raised concerns that expensive AI stocks, heavy market concentration, and financing constraints could eventually slow AI capital spending or trigger a valuation correction. The AI Capex Wall: Why Financing Constraints Will Trigger a Slowdown
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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