CIBC Private Wealth Group LLC lessened its stake in Invesco QQQ (NASDAQ:QQQ – Free Report) by 1.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 166,524 shares of the exchange traded fund’s stock after selling 3,052 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Invesco QQQ were worth $99,976,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also made changes to their positions in QQQ. LifeGoal Investments LLC acquired a new position in shares of Invesco QQQ in the 3rd quarter valued at $394,000. Petix & Botte Co grew its position in Invesco QQQ by 2.7% during the third quarter. Petix & Botte Co now owns 13,953 shares of the exchange traded fund’s stock valued at $8,377,000 after buying an additional 369 shares during the period. Tcfg Wealth Management LLC purchased a new position in Invesco QQQ in the third quarter valued at $1,668,000. WBI Investments LLC increased its holdings in Invesco QQQ by 6.7% in the third quarter. WBI Investments LLC now owns 9,699 shares of the exchange traded fund’s stock valued at $5,823,000 after buying an additional 613 shares in the last quarter. Finally, Kensington Investment Counsel LLC raised its position in shares of Invesco QQQ by 8.8% in the third quarter. Kensington Investment Counsel LLC now owns 8,190 shares of the exchange traded fund’s stock worth $4,917,000 after acquiring an additional 659 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.
Invesco QQQ Price Performance
QQQ stock opened at $594.85 on Thursday. The company’s 50-day simple moving average is $611.91 and its 200-day simple moving average is $609.22. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $637.01.
Invesco QQQ Increases Dividend
Key Headlines Impacting Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Invesco expanded its product lineup with two new ETFs — the Invesco QQQ Equal Weight ETF (QEW) and the Diversified Dividend Opportunities ETF (DVVY) — which can broaden investor choices and potentially redirect inflows into the firm’s Innovation Suite. Balancing Tech & Income: Invesco’s Dual Launch of QEW & DVVY
- Positive Sentiment: The new Invesco QQQ Equal Weight ETF is getting attention as investors seek diversification inside tech exposure — that could ease pressure on cap‑weighted QQQ over time by offering an alternative way to own Nasdaq tech. Invesco QQQ Equal Weight ETF breaking out as investors seek diversification
- Positive Sentiment: Broader bullishness on AI chips — note coverage that NVIDIA forecasts massive chip demand — supports tech ETF narratives and could attract rotation back into QQQ once risk sentiment stabilizes. ETFs to Gain as NVIDIA Views $1 Trillion in Chip Orders by 2027
- Neutral Sentiment: Options flow shows institutional traders accumulating QQQ contracts; some traders are using strangles to profit from volatility rather than direction — this implies larger moves are possible but direction is uncertain. One Member Turned Volatility Into 536% in a Day… Here’s How We Spot the Next Market Meltdown Winner
- Neutral Sentiment: VIX behavior is mixed — some pieces note the fear gauge falling despite global chaos, which complicates immediate directional bets on QQQ until volatility metrics settle. The VIX Is Falling Despite Global Chaos — Here’s What the Fear Gauge Is Actually Telling You
- Negative Sentiment: Escalating geopolitical tensions (U.S.–Iran) and rising oil prices are pushing investors away from risk assets; commentary warns that energy-driven inflation and supply disruptions could pressure growth stocks in QQQ. The Economic Consequences Of The Iran War
- Negative Sentiment: Macro concerns — rising inflation expectations and the risk of higher Treasury yields (some pieces flag a potential 6% 10‑year scenario) — weigh on long-duration growth names that dominate QQQ. A 6-percent 10-Year Treasury Rate Is A Potential 2026 Black Swan
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.
Further Reading
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).
Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.
