Royal Fund Management LLC raised its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 174.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 55,985 shares of the exchange traded fund’s stock after purchasing an additional 35,565 shares during the period. Invesco QQQ comprises approximately 3.1% of Royal Fund Management LLC’s holdings, making the stock its 2nd largest holding. Royal Fund Management LLC’s holdings in Invesco QQQ were worth $34,468,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in QQQ. Brighton Jones LLC raised its holdings in Invesco QQQ by 15.0% in the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after acquiring an additional 4,989 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in Invesco QQQ by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after acquiring an additional 176 shares during the last quarter. Jupiter Wealth Management LLC acquired a new position in Invesco QQQ during the 2nd quarter worth $290,000. Wealth Group Ltd. grew its holdings in Invesco QQQ by 283.7% during the 2nd quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock worth $13,587,000 after acquiring an additional 18,210 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Invesco QQQ by 37.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,644 shares of the exchange traded fund’s stock worth $3,113,000 after purchasing an additional 1,551 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.
Invesco QQQ Stock Performance
Shares of Invesco QQQ stock opened at $577.10 on Wednesday. The firm’s 50-day simple moving average is $604.19 and its 200-day simple moving average is $609.56. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01.
Invesco QQQ Cuts Dividend
Key Stories Impacting Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Several commentators argue the pullback creates a buying opportunity for QQQ given its tech leadership and concentration in high-quality growth names; this narrative supports demand from long-term and tactical buyers. Is QQQ Still Worth Buying After the Market’s Recent Slide?
- Positive Sentiment: Some market strategists say the correction was anticipated and that capitulation can set the stage for a tactical rebound in growth-heavy indices, which could support QQQ outperformance if risk appetite returns. We Got The Anticipated Correction; Now We Can Get Bullish
- Neutral Sentiment: Options-market activity shows heavy institutional flow into QQQ puts and calls; traders are using straddles/strangles to express views or hedge — this increases short-term volatility and can lead to sharp moves in either direction. One Member Turned Volatility Into 536% in a Day… Here’s How We Spot The Next Market Meltdown Winner
- Neutral Sentiment: Intraday ETF flows are mixed across U.S. equity ETFs — QQQ can see larger swings as traders rotate between safety (energy, commodities) and growth. Monitor volume and put/call skew for short-term direction. Exchange-Traded Funds, US Equities Mixed After Midday
- Negative Sentiment: Broad headlines confirm the Nasdaq/Nasdaq-100 are in correction territory after ~10% declines from highs; this macro selling pressure is a core driver of QQQ’s recent weakness. The Nasdaq Is Officially in a Correction. Here’s What Investors Should Do, According to History.
- Negative Sentiment: Coverage noting QQQ is down double-digits since February highlights ongoing outflows and rotation away from mega-cap tech amid macro uncertainty — a continued headwind until volatility and geopolitical risk ease. What Correction? 4 Nasdaq Stocks on a Roll That Still Have More Upside
- Negative Sentiment: Rising oil prices, elevated VIX/VVIX readings and a stronger dollar (references in recent coverage) favor a risk-off stance that typically pressures growth and tech-heavy ETFs like QQQ until the macro picture stabilizes. The Dollar’s Strength
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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