Atlas Private Wealth Advisors raised its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 5.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,946 shares of the exchange traded fund’s stock after acquiring an additional 1,398 shares during the period. Invesco QQQ makes up approximately 3.9% of Atlas Private Wealth Advisors’ investment portfolio, making the stock its 8th largest position. Atlas Private Wealth Advisors’ holdings in Invesco QQQ were worth $16,553,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of QQQ. PNC Financial Services Group Inc. grew its stake in shares of 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 period. Envestnet Asset Management Inc. grew its stake in shares of 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 period. Analyst IMS Investment Management Services Ltd. grew its stake in shares of Invesco QQQ by 68.6% in the 4th quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock valued at $1,075,091,000 after buying an additional 712,026 shares during the period. US Bancorp DE grew its stake in shares of 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 valued at $827,346,000 after buying an additional 7,378 shares during the period. Finally, Maxi Investments CY Ltd grew its stake in shares of 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 valued at $741,457,000 after buying an additional 92,700 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.
Invesco QQQ Price Performance
Invesco QQQ stock opened at $714.71 on Thursday. The firm has a 50 day simple moving average of $624.06 and a 200-day simple moving average of $618.92. Invesco QQQ has a 1-year low of $505.58 and a 1-year high of $716.65.
Invesco QQQ Cuts Dividend
More Invesco QQQ News
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Invesco reported that QQQ’s assets under management jumped 18% in April as broad market gains lifted the fund’s value. Invesco’s QQQ AUM jumps 18% in April amid market gains
- Positive Sentiment: Tech stocks, especially semiconductors, rallied despite a hotter-than-expected PPI report, showing investors are still willing to buy growth names tied to the AI trade. Stock Market Today: Nasdaq 100 Rises Despite Hot PPI, Nvidia Hits Record High
- Neutral Sentiment: Several market commentaries focused on inflation data, Fed expectations, and valuation concerns, which may keep volatility elevated but do not directly change QQQ’s underlying holdings. CPI Inflation Blows Past Fed Rates As Core Services, Gasoline, Electricity, And Food Spike; Fed’s ‘Real’ Rates Are Now Negative
- Neutral Sentiment: Analysts also highlighted QQQ’s role as a core exposure vehicle for both chip and software leaders, reinforcing its appeal to investors seeking continued AI and mega-cap tech exposure. QQQ vs. VOO — Which ETF Should Investors Buy Now?
- Negative Sentiment: Hot inflation readings have revived concerns that the Fed may stay restrictive longer, which could pressure growth stocks and make high-valuation tech shares harder to justify. Producer Price Inflation Explodes As The Services PPI Blows Out On Top Of The Energy Price Spike
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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