JTC Employer Solutions Trustee Ltd cut its holdings in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 44.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,077 shares of the exchange traded fund’s stock after selling 5,628 shares during the quarter. JTC Employer Solutions Trustee Ltd’s holdings in Invesco QQQ were worth $4,085,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in QQQ. University of Texas Texas AM Investment Management Co. bought a new position in Invesco QQQ during the 4th quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Invesco QQQ by 2,150.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 43 shares during the last quarter. Shcp LLC acquired a new stake in Invesco QQQ during the third quarter valued at approximately $27,000. Rachor Investment Advisory Services LLC bought a new position in Invesco QQQ during the 4th quarter worth approximately $29,000. Finally, Parvin Asset Management LLC acquired a new position in shares of Invesco QQQ in the 1st quarter worth approximately $28,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.
Invesco QQQ Price Performance
QQQ stock opened at $661.73 on Thursday. The stock’s 50 day simple moving average is $716.84 and its 200 day simple moving average is $657.29. Invesco QQQ has a 12-month low of $551.68 and a 12-month high of $748.65.
Invesco QQQ Increases Dividend
Key Headlines Impacting Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Some analysts view the technology pullback as a potential accumulation opportunity, arguing that strong demand for AI infrastructure and computing capacity could support the long-term earnings outlook for QQQ’s underlying companies. The Market Is Afraid Of Capex But It’s An Accumulation Opportunity
- Positive Sentiment: Longer-term bullish commentary suggests the current AI-led bull market could extend for years, offering potential support if corporate AI investment translates into sustainable revenue and profit growth. Forget The AI Bubble, Because This Bull Market Could Easily Extend Until 2029
- Neutral Sentiment: Microsoft and Meta earnings, along with the Federal Reserve’s interest-rate decision, are major near-term catalysts. Results that validate AI spending could stabilize QQQ, while cautious guidance or a hawkish policy signal could extend volatility. ETFs in the Crosshairs Ahead of Microsoft & Meta Earnings
- Negative Sentiment: Crude oil surged amid renewed U.S.-Iran tensions, increasing inflation and interest-rate concerns and weighing on the Nasdaq-100 ahead of the Fed decision. Oil Spikes 7%, Nasdaq 100 Sinks Before Fed
- Negative Sentiment: Fears that AI advances such as Kimi K3 could reduce the cost of developing models are challenging the valuations of expensive technology companies, while semiconductor weakness adds pressure to QQQ. Kimi K3: DeepSeek 2.0, or is this Time Different?
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
- Five stocks we like better than Invesco QQQ
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- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
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