Three Seasons Wealth LLC bought a new position in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm bought 18,077 shares of the exchange traded fund’s stock, valued at approximately $11,105,000. Invesco QQQ comprises about 1.1% of Three Seasons Wealth LLC’s portfolio, making the stock its 5th largest position.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. HRT Financial LP lifted its position in shares of Invesco QQQ by 118.3% during the 2nd quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock worth $1,735,226,000 after purchasing an additional 1,704,600 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in Invesco QQQ by 0.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund’s stock valued at $1,843,749,000 after buying an additional 8,038 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Invesco QQQ by 2.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,986,326 shares of the exchange traded fund’s stock valued at $1,792,901,000 after buying an additional 64,025 shares during the last quarter. US Bancorp DE increased its position in Invesco QQQ by 0.5% in the 3rd quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock worth $827,346,000 after buying an additional 7,378 shares during the period. Finally, Maxi Investments CY Ltd increased its position in Invesco QQQ by 8.1% in the 3rd quarter. Maxi Investments CY Ltd now owns 1,235,000 shares of the exchange traded fund’s stock worth $741,457,000 after buying an additional 92,700 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.
Invesco QQQ Trading Up 1.2%
Shares of QQQ stock opened at $584.31 on Thursday. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01. The stock has a 50 day moving average of $603.55 and a 200-day moving average of $609.38.
Invesco QQQ Cuts Dividend
Invesco QQQ News Summary
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Broad-market ETFs and equity futures rallied on hopes of de?escalation in Iran, which helped lift major tech?heavy ETFs including QQQ and supported a risk-on move across index funds. Exchange-Traded Funds, Equity Futures Gain Pre-Bell Wednesday as Iran War De-Escalation Hopes Drive Sentiment
- Positive Sentiment: Longer-term bulls point to the Nasdaq?100’s historical five?year outperformance and QQQ’s heavy AI/tech exposure as reasons QQQ could outperform over a multi?year horizon. This supports buy?and?hold demand despite near?term swings. Buy This Nasdaq Index Fund. History Says It Could Soar More Than 100% in 5 Years.
- Positive Sentiment: Recent 12?month performance context: QQQ has delivered strong trailing returns versus many ETFs, keeping it on investors’ radars as a core growth vehicle. The Vanguard ETF Up About 28% in the Past Year That Almost Nobody Outside of Income Investors Knows
- Neutral Sentiment: Unusual options flow and institutional activity in QQQ suggest traders are positioning for a large move; that can amplify volatility and produce outsized intraday swings in either direction. Monitor options skew and open interest. One Member Turned Volatility Into 536% in a Day… Here’s How We Spot the Next Market Meltdown Winner
- Negative Sentiment: Macro and geopolitical downside risks persist: several market commentaries warn that relief rallies may be fragile and that renewed Iran?related tensions could reverse the recent bounce, pressuring tech?heavy QQQ. Sell The Rally – There Is No Easy Way Out Of Iran War
- Negative Sentiment: Economic signals — cooler jobs data and labor?market caution — raise the risk that growth stocks could underperform if confidence and earnings momentum weaken. Those readings are a headwind for QQQ. Layoffs Closer To Drought Than Deluge: What 3 Sources Show About Jobs
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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