Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD grew its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 5.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 90,881 shares of the exchange traded fund’s stock after purchasing an additional 5,010 shares during the period. Invesco QQQ comprises approximately 11.0% of Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s investment portfolio, making the stock its largest position. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s holdings in Invesco QQQ were worth $55,901,000 at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of the business. Carrera Capital Advisors raised its position in shares of Invesco QQQ by 99.3% during the 4th quarter. Carrera Capital Advisors now owns 2,316 shares of the exchange traded fund’s stock valued at $1,423,000 after acquiring an additional 1,154 shares during the last quarter. Sovran Advisors LLC grew its holdings in shares of Invesco QQQ by 8.0% in the 4th quarter. Sovran Advisors LLC now owns 18,032 shares of the exchange traded fund’s stock valued at $11,212,000 after buying an additional 1,340 shares during the period. Corepath Wealth Partners LLC increased its position in shares of Invesco QQQ by 19.7% in the 4th quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock valued at $5,471,000 after buying an additional 1,436 shares in the last quarter. Cane Capital Partners LLC bought a new stake in shares of Invesco QQQ in the 4th quarter valued at $715,000. Finally, Coyle Financial Counsel LLC raised its stake in Invesco QQQ by 4.9% during the 3rd quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock worth $26,091,000 after buying an additional 2,035 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.
Invesco QQQ Price Performance
Shares of Invesco QQQ stock opened at $705.06 on Monday. Invesco QQQ has a 12 month low of $523.65 and a 12 month high of $748.65. The stock’s fifty day simple moving average is $666.91 and its 200 day simple moving average is $631.31.
Invesco QQQ Cuts Dividend
Invesco QQQ News Roundup
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: ETF flow data showed investors continued to pour money into broad large-cap equity funds, especially S&P 500 products, while risk-on interest in growth and tech exposure remained supported by AI optimism and strong recent stock market performance. Large-Cap Core Dominates May ETF Flows
- Positive Sentiment: Coverage highlighting the strength of growth ETFs and the Nasdaq-linked rally reinforces ongoing demand for index products like QQQ, which benefit when investors favor mega-cap tech and growth stocks. 2 Growth ETFs to Buy and Hold for 20 Years
- Positive Sentiment: Articles noting that stock funds surged in May on AI optimism suggest continued enthusiasm for the technology names that dominate QQQ’s holdings. Stock Funds Surge In May On AI Optimism — What’s Next?
- Neutral Sentiment: One article argued that the Nasdaq 100 may soon include SpaceX if it goes public, which would be a structural positive for the index over time, but it is not an immediate driver for QQQ today. What SpaceX’s IPO Means for Index Fund Investors
- Negative Sentiment: Several commentary pieces warned that the market may be overheating, with “AI bubble” and “market top” concerns, while another noted the same warning signs seen before past crashes—sentiment that can weigh on QQQ because of its heavy exposure to richly valued tech stocks. AI Bubble Is Way Bigger Than Dot-Com There Are Signs That A Market Top May Be Forming The Stock Market Is Flashing the Same Two Warning Signals It Did Before Past Crashes
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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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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