TD Asset Management Inc trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 0.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,039,438 shares of the exchange traded fund’s stock after selling 2,747 shares during the quarter. TD Asset Management Inc owned about 0.16% of Invesco QQQ worth $638,537,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of QQQ. SG Americas Securities LLC grew its position in Invesco QQQ by 120.2% during the 4th 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 during the last quarter. Analyst IMS Investment Management Services Ltd. grew its position in Invesco QQQ by 68.6% during the 4th 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 during the last quarter. Axxcess Wealth Management LLC grew its position in Invesco QQQ by 1,216.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 561,706 shares of the exchange traded fund’s stock valued at $345,070,000 after purchasing an additional 519,051 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Invesco QQQ by 11.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock valued at $2,179,321,000 after purchasing an additional 375,581 shares during the last quarter. Finally, NorthRock Partners LLC grew its position in Invesco QQQ by 1,355.6% during the 3rd 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 during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.
Invesco QQQ Stock Performance
QQQ opened at $744.21 on Thursday. The company’s 50-day simple moving average is $661.43 and its two-hundred day simple moving average is $629.67. Invesco QQQ has a 52-week low of $522.66 and a 52-week high of $748.65.
Invesco QQQ Cuts Dividend
Trending Headlines about Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Analysts highlighted that QQQ has quietly outperformed the Vanguard S&P 500 ETF over the past decade, reinforcing its appeal as a long-term growth vehicle. Article Title
- Positive Sentiment: Another piece argued that, even with the Nasdaq at record highs, AI-led earnings momentum and history still favor continued interest in Invesco QQQ. Article Title
- Neutral Sentiment: Some market commentary pointed to low-volatility and value ETFs as defensive alternatives amid overvaluation and stagflation worries, which could modestly compete with QQQ’s growth-focused appeal. Article Title
- Neutral Sentiment: Bearish commentary about an “AI mania” and dot-com-bubble comparisons may temper enthusiasm, but it has not yet displaced the broader bullish momentum behind Nasdaq growth names. Article Title
- Negative Sentiment: Several articles warned that the market may be stretched and that investors are rotating toward safer or cheaper exposures, which could create near-term pressure on QQQ if risk appetite cools. Article Title
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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