TCM Advisors LLC boosted its stake in Invesco QQQ (NASDAQ:QQQ – Free Report) by 2.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 56,644 shares of the exchange traded fund’s stock after purchasing an additional 1,099 shares during the quarter. Invesco QQQ makes up 2.4% of TCM Advisors LLC’s portfolio, making the stock its 4th biggest holding. TCM Advisors LLC’s holdings in Invesco QQQ were worth $32,694,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in the stock. Cannell & Spears LLC lifted its position in shares of Invesco QQQ by 14.9% in the 1st quarter. Cannell & Spears LLC now owns 3,903 shares of the exchange traded fund’s stock worth $2,191,000 after purchasing an additional 505 shares during the period. Sentinel Advisory Group LLC bought a new stake in shares of Invesco QQQ during the 1st quarter valued at about $458,000. Bollard Group LLC increased its position in shares of Invesco QQQ by 3.3% during the first quarter. Bollard Group LLC now owns 10,732 shares of the exchange traded fund’s stock valued at $6,194,000 after buying an additional 339 shares during the period. Hilltop Holdings Inc. increased its position in shares of Invesco QQQ by 73.2% during the first quarter. Hilltop Holdings Inc. now owns 37,014 shares of the exchange traded fund’s stock valued at $21,363,000 after buying an additional 15,647 shares during the period. Finally, Oribel Capital Management LP raised its stake in Invesco QQQ by 11.6% in the first quarter. Oribel Capital Management LP now owns 4,800 shares of the exchange traded fund’s stock worth $2,770,000 after buying an additional 500 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.
Invesco QQQ Stock Performance
Shares of QQQ opened at $684.25 on Friday. Invesco QQQ has a one year low of $551.68 and a one year high of $748.65. The company has a 50-day simple moving average of $718.86 and a two-hundred day simple moving average of $655.96.
Invesco QQQ Increases Dividend
Key Headlines Impacting Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Broader U.S. equity futures and major ETFs were higher pre-market Friday, which can support QQQ because it tracks the Nasdaq-100’s large-cap growth names. Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Amid New US Tariffs
- Positive Sentiment: Coverage highlighted that AI and hyperscaler earnings remain the market’s main focus, which can help QQQ if investors continue to bid up Nasdaq-heavy mega-cap tech. Nasdaq, S&P 500, Dow Futures Shake Off Iran Jitters As Investors Turn To AI Hyperscaler Earnings: INTC, TSLA, TTD, HIMS In Focus
- Neutral Sentiment: Intel’s strong earnings reaction showed some semiconductor strength, but mixed results across major tech names kept the broader QQQ outlook uneven. Stock Market Today: Dow Rises As Oil Prices Fall; Intel Shares Surge On Earnings (Live Coverage)
- Neutral Sentiment: Commentary on rising AI spending and high valuations suggests investors are still debating whether the tech rally has room to run or is getting stretched. Markets Track Lower As AI Spending Soars
- Negative Sentiment: Several articles warned that heavy spending, higher Treasury yields, and concern over the AI trade’s exhaustion could weigh on Nasdaq-heavy funds like QQQ if sentiment cools further. Treasury Yields Push Higher, Testing Wall Street’s Nerve
- Negative Sentiment: Thursday’s sharp drop in major tech names, including Alphabet and Tesla, underscored the risk that weakness in a few QQQ-heavy constituents can drag the ETF lower. Stock Market Today: Dow Jones Index Falls 300 Points As Alphabet, Tesla Dive On Earnings News (Live Coverage)
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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