Mutual Advisors LLC lifted its position in Invesco QQQ (NASDAQ:QQQ – Free Report) by 7.6% during the third quarter, HoldingsChannel.com reports. The fund owned 67,238 shares of the exchange traded fund’s stock after acquiring an additional 4,723 shares during the period. Invesco QQQ makes up 0.9% of Mutual Advisors LLC’s portfolio, making the stock its 13th largest position. Mutual Advisors LLC’s holdings in Invesco QQQ were worth $41,054,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Morgan Dempsey Capital Management LLC purchased a new position in shares of Invesco QQQ during the 2nd quarter worth $30,000. Navigoe LLC increased its position in shares of Invesco QQQ by 300.0% during the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 45 shares during the last quarter. PayPay Securities Corp increased its holdings in Invesco QQQ by 78.9% in the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 30 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Invesco QQQ in the third quarter valued at $42,000. Finally, Moser Wealth Advisors LLC grew its position in Invesco QQQ by 930.0% in the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 93 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.
Invesco QQQ Stock Down 1.2%
Shares of QQQ opened at $621.87 on Friday. The firm’s 50 day moving average price is $619.83 and its 200 day moving average price is $600.54. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01.
Invesco QQQ Increases Dividend
Trending Headlines about Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Large holders and sector fundamentals give upside potential — Activest increased its QQQ exposure, signaling institutional confidence in megacap names like Nvidia, Apple and Microsoft that dominate the ETF. QQQ ETF Holdings Increased by Activest as Nvidia, Apple, Microsoft Dominate
- Positive Sentiment: AI spending from hyperscalers could drive further gains in QQQ’s largest holdings and support the ETF’s performance into earnings season. Hyperscaler AI Spending Plans Could Chart Course for QQQ
- Positive Sentiment: Market positioning data (short selling and put buying) may be signaling a contrarian setup that supports a big‑tech rally, which would help QQQ. Short Selling And Put Buying Point To Big Tech Rally
- Positive Sentiment: A softer U.S. dollar can favor U.S. growth stocks and ETFs like QQQ by boosting foreign demand for dollar‑denominated equities. Dollar Index Hits 4-Year Low And Traditional Wisdom Can Mislead This Time
- Neutral Sentiment: Investor sentiment surveys show reduced pessimism, which supports risk assets but is not an immediate driver of flows. AAII Sentiment Survey: Pessimism Tumbles
- Neutral Sentiment: Education pieces on ETF strategy and market timing can encourage buy‑and‑hold behavior for products like QQQ over time, but have limited short‑term price impact. This ETF Makes It Easy to Ditch Market Timing
- Neutral Sentiment: Coverage noting both bull and bear cases as QQQ tests new highs suggests heightened debate and potential for volatility rather than a clear directional catalyst. QQQ is reaching for a new high. 3 reasons each for bulls and bears to play it.
- Negative Sentiment: Joule Financial significantly reduced its reported stake in Invesco QQQ, a direct selling signal that can add downward pressure on the ETF, particularly if other holders follow. Joule Financial LLC Significantly Reduces Stake in Invesco QQQ: What It Means for Investors
- Negative Sentiment: The Fed’s decision to pause rate cuts raises uncertainty about the path of monetary policy; a less‑accommodative outlook can weigh on high‑multiple, growth‑heavy ETFs like QQQ. Federal Reserve Puts Rate Cuts On Pause
- Negative Sentiment: Rising commodity strength could rekindle inflation and higher rates, which would be a headwind for growth stocks concentrated in QQQ. The Commodity Boom May Send Inflation And Rates Much Higher
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.
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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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