Cambridge Investment Research Advisors Inc. trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 1.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,320,608 shares of the exchange traded fund’s stock after selling 19,457 shares during the period. Invesco QQQ accounts for about 2.1% of Cambridge Investment Research Advisors Inc.’s holdings, making the stock its 4th biggest holding. Cambridge Investment Research Advisors Inc.’s holdings in Invesco QQQ were worth $811,262,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Noesis Capital Mangement Corp boosted its position in Invesco QQQ by 3.3% during the 4th quarter. Noesis Capital Mangement Corp now owns 1,286 shares of the exchange traded fund’s stock worth $790,000 after purchasing an additional 41 shares during the period. Hills Bank & Trust Co boosted its position in Invesco QQQ by 2.7% during the 4th quarter. Hills Bank & Trust Co now owns 1,442 shares of the exchange traded fund’s stock worth $886,000 after purchasing an additional 38 shares during the period. Center for Financial Planning Inc. boosted its position in Invesco QQQ by 4.4% during the 4th quarter. Center for Financial Planning Inc. now owns 1,863 shares of the exchange traded fund’s stock worth $1,144,000 after purchasing an additional 79 shares during the period. Plus Group Wealth Advisors LLC purchased a new stake in Invesco QQQ during the 4th quarter worth $11,281,000. Finally, Stephens Inc. AR lifted its holdings in Invesco QQQ by 3.6% in the 4th quarter. Stephens Inc. AR now owns 267,960 shares of the exchange traded fund’s stock worth $164,610,000 after buying an additional 9,378 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.
Invesco QQQ Trading Down 1.5%
Shares of QQQ stock opened at $708.93 on Friday. Invesco QQQ has a 12 month low of $505.58 and a 12 month high of $722.03. The company’s fifty day moving average price is $628.38 and its two-hundred day moving average price is $620.26.
Invesco QQQ Cuts Dividend
More Invesco QQQ News
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: QQQ-related coverage highlighted that the ETF has still been attracting attention from investors, and Invesco pulled in $4.9 billion in ETF inflows, signaling continued demand for the firm’s products. ETF League Tables: Invesco Pulls In $4.9B
- Positive Sentiment: A pre-market market update noted U.S.-China meeting optimism and broad ETF/futures gains, which can support QQQ because it tracks the Nasdaq 100. Exchange-Traded Funds, Equity Futures Advance Pre-Bell Thursday Amid US-China Meeting
- Neutral Sentiment: Some commentary argued the market rally remains supported despite hot inflation prints and that stocks are not crashing because of AI skepticism alone, suggesting mixed but not clearly negative conditions for QQQ. Why Stocks Refuse To Crash (It’s Not AI)
- Neutral Sentiment: Several articles discussed market breadth, sentiment, and index mechanics, including the upcoming SpaceX IPO possibly forcing index-related buying, which could be a technical tailwind for Nasdaq-linked funds but is still speculative. SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.
- Negative Sentiment: Multiple pieces warned that Treasury yields are breaking out, stagflation odds are rising, the job market is weakening, and recession risk is increasing. Higher yields and slowing growth are typically negative for QQQ’s high-duration tech holdings. Treasury Rates Are Breaking Out Of A Multi-Year Consolidation
- Negative Sentiment: Additional bearish commentary flagged “market bloodshed,” a Hindenburg Omen warning sign, and an overextended rally due for correction, all of which reinforce risk-off sentiment toward QQQ. The New Fed Chair’s Balance Sheet Erasure And Market Bloodshed
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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