West Michigan Advisors LLC grew its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 66.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,314 shares of the exchange traded fund’s stock after acquiring an additional 1,722 shares during the period. West Michigan Advisors LLC’s holdings in Invesco QQQ were worth $2,650,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. SG Americas Securities LLC lifted its holdings in shares of Invesco QQQ by 120.2% in the fourth quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock valued at $131,292,000 after purchasing an additional 1,270,102 shares in the last quarter. Analyst IMS Investment Management Services Ltd. lifted its holdings in shares of Invesco QQQ by 68.6% in the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock valued at $1,075,091,000 after purchasing an additional 712,026 shares in the last quarter. Japan Science & Technology Agency purchased a new stake in shares of Invesco QQQ in the third quarter valued at $179,311,000. NorthRock Partners LLC lifted its holdings in shares of Invesco QQQ by 1,355.6% in the third quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock valued at $183,024,000 after purchasing an additional 283,909 shares in the last quarter. Finally, BXM Wealth LLC lifted its holdings in shares of Invesco QQQ by 1,744.9% in the fourth quarter. BXM Wealth LLC now owns 219,962 shares of the exchange traded fund’s stock valued at $135,125,000 after purchasing an additional 208,039 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.
Invesco QQQ Stock Performance
QQQ opened at $651.42 on Friday. The stock has a fifty day moving average of $604.85 and a 200-day moving average of $611.96. Invesco QQQ has a 12-month low of $455.83 and a 12-month high of $656.92.
Invesco QQQ Cuts Dividend
More Invesco QQQ News
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Semiconductor optimism (Intel’s strong outlook) lifted tech sentiment and helped support Nasdaq-weighted ETFs, giving upside momentum to QQQ’s largest sector. Dow futures tumble 130 points: 5 things to know before market opens
- Positive Sentiment: Broad Nasdaq strength: the Nasdaq‑100 has cleared prior highs and posted an extended streak of gains — a technical backdrop that supports QQQ flows and ETF demand. A Nasdaq Comeback
- Positive Sentiment: Investor sentiment surveys show a pickup in optimism, which can bolster risk-on positioning into large-cap tech ETFs like QQQ. AAII Sentiment Survey: Optimism Roars
- Positive Sentiment: Broad ETF flows and intraday ETF gains reflected continued demand for major equity ETFs, supporting QQQ liquidity and price. Exchange-Traded Funds Rise as US Equities Advance After Midday
- Neutral Sentiment: Technical uncertainty: analysis flags two divergent scenarios for QQQ — a sharp correction reminiscent of historical extremes or a clean technical breakout — which increases short‑term volatility risk. The QQQ Chart Hints at 2 Extremes: Either a Dot-Com Bubble Burst or a Technical Breakout Ahead
- Neutral Sentiment: Tesla earnings and concentration risk: large-cap ETF exposures (notably Tesla weightings) could swing flows and headline volatility that indirectly affect QQQ. Major ETFs Face Tesla Earnings Test Amid AI Pivot
- Negative Sentiment: Geopolitical risk: renewed U.S.–Iran tensions have lifted VIX and prompted risk‑off moves that weigh on growth‑sensitive tech names inside QQQ. VIX Creeps Toward 20 as Iran Fears and Tesla’s Whipsaw Rattle Nerves
- Negative Sentiment: Fed hawkishness: commentary and previews warning of persistent inflation and potential further hikes raise the cost of capital for growth stocks, pressuring QQQ. The Fed Preview – Brace For Hikes, Inflation Is Likely Persistent
- Negative Sentiment: Rising oil: higher oil prices risk slowing growth and can sap risk appetite for tech-heavy ETFs. Oil Up, S&P 500 Up
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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