Flaharty Asset Management LLC decreased its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 91.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 857 shares of the exchange traded fund’s stock after selling 8,616 shares during the period. Flaharty Asset Management LLC’s holdings in Invesco QQQ were worth $611,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of QQQ. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Invesco QQQ in the fourth quarter valued at approximately $25,000. Shcp LLC bought a new position in Invesco QQQ during the 3rd quarter worth $27,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in Invesco QQQ by 2,150.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 43 shares during the period. Parvin Asset Management LLC acquired a new position in Invesco QQQ in the 1st quarter valued at $28,000. Finally, Rachor Investment Advisory Services LLC acquired a new position in Invesco QQQ in the 4th quarter valued at $29,000. Institutional investors own 44.58% of the company’s stock.
Invesco QQQ Trading Up 1.2%
NASDAQ:QQQ opened at $723.03 on Friday. The stock has a fifty day moving average price of $714.18 and a 200-day moving average price of $661.14. Invesco QQQ has a fifty-two week low of $555.60 and a fifty-two week high of $748.65.
Invesco QQQ Increases Dividend
Key Stories Impacting Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Investors directed billions into broad U.S. equity ETFs and mega-cap technology leaders this week, signaling continued demand for the large Nasdaq-listed companies that heavily influence QQQ. Broad Market Momentum and Defensive Pivots: This Week’s Top ETF Flows
- Positive Sentiment: A weaker-than-expected July employment report has reduced expectations for additional Fed rate hikes and increased hopes for easier monetary policy. Lower interest-rate expectations generally benefit growth and technology stocks by improving the value of future earnings. July Payrolls: Bad News Is Good Again
- Positive Sentiment: Nasdaq-focused ETFs and broader U.S. equity indicators advanced after midday, reinforcing the market’s current tech-led momentum and providing a favorable backdrop for QQQ. Exchange-Traded Funds Rise as US Equities Advance After Midday
- Neutral Sentiment: Analysts continue to debate whether the Nasdaq rally can extend through the second half of 2026. Potential catalysts include artificial-intelligence investment and easing financial conditions, while elevated valuations and earnings volatility remain key risks. A Guide to Nasdaq ETF Investing
- Negative Sentiment: Some investors are rotating defensively into ultra-short Treasuries, gold and healthcare, suggesting that geopolitical uncertainty and volatility are limiting broader risk appetite. A hotter-than-expected July CPI report could also revive inflation concerns and pressure high-growth technology valuations. July CPI Inflation Could Come in Hot
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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