Ebert Capital Management Inc. cut its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 4.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 23,094 shares of the exchange traded fund’s stock after selling 1,151 shares during the period. Invesco QQQ makes up approximately 15.5% of Ebert Capital Management Inc.’s holdings, making the stock its 3rd largest holding. Ebert Capital Management Inc.’s holdings in Invesco QQQ were worth $17,084,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Corient Private Wealth LLC raised its stake in shares of Invesco QQQ by 3,567.7% during the fourth quarter. Corient Private Wealth LLC now owns 21,436,917 shares of the exchange traded fund’s stock valued at $13,168,912,000 after purchasing an additional 20,852,432 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Invesco QQQ by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 3,038,610 shares of the exchange traded fund’s stock valued at $2,237,606,000 after purchasing an additional 30,083 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of Invesco QQQ by 21.4% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 3,025,000 shares of the exchange traded fund’s stock valued at $1,858,288,000 after purchasing an additional 534,000 shares during the period. Analyst IMS Investment Management Services Ltd. grew its holdings in Invesco QQQ by 0.3% during the 2nd quarter. Analyst IMS Investment Management Services Ltd. now owns 1,787,559 shares of the exchange traded fund’s stock valued at $1,316,358,000 after purchasing an additional 4,751 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in Invesco QQQ by 3.1% during the 2nd quarter. HighTower Advisors LLC now owns 1,230,679 shares of the exchange traded fund’s stock valued at $906,272,000 after purchasing an additional 36,923 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.
Invesco QQQ Stock Down 1.9%
Shares of NASDAQ QQQ traded down $14.12 during midday trading on Thursday, reaching $743.61. 21,859,705 shares of the company’s stock were exchanged, compared to its average volume of 48,070,070. Invesco QQQ has a 52-week low of $555.60 and a 52-week high of $762.86. The business’s fifty day moving average price is $722.59 and its two-hundred day moving average price is $696.46.
Invesco QQQ Cuts Dividend
Key Stories Impacting Invesco QQQ
Here are the key news stories impacting Invesco QQQ this week:
- Positive Sentiment: Nasdaq record highs, led by AI stocks, are keeping technology and semiconductor ETFs in focus. Continued AI-related demand could support QQQ’s large holdings in major technology companies. ETFs to Benefit as Nasdaq’s Breakthrough Still Matters
- Positive Sentiment: Institutional buying provided a modest supportive signal: Winebrenner Capital Management increased its QQQ position by 738 shares, raising its stake to 3,586 shares. Winebrenner Capital Management LLC Buys 738 Shares of Invesco QQQ
- Neutral Sentiment: QQQ remains highly concentrated in large technology leaders. That concentration has powered recent gains, but investors are debating whether market leaders can continue outperforming as the fourth quarter progresses. As Q4 Begins, I Don’t Want to Chase the Market Leaders
- Neutral Sentiment: Broader equities have shown resilience and reached new highs, but recent market commentary suggests that rising yields could become an important test for technology valuations. S&P 500 Scaled New Highs – Now Tech Faces Its Rate Test
- Negative Sentiment: Federal Reserve minutes were viewed as signaling a willingness to maintain or intensify restrictive policy amid mixed inflation data. Higher-for-longer rates reduce the present value of future technology earnings and can pressure QQQ. Fed Minutes Signal More Tightening Amid Mixed Inflation Data
- Negative Sentiment: Bond investors are reportedly demanding higher yields, while concerns about refinancing risks in private credit add to broader financial-market stress. Rising yields are a direct headwind for QQQ’s growth-heavy portfolio. Bond Investors Not Buying the Spin Anymore – Yields to Go Higher
- Negative Sentiment: Higher oil prices following renewed uncertainty over a potential Iran deal are adding inflation concerns and contributing to weaker equity futures, potentially reinforcing the case for tighter monetary policy. Exchange-Traded Funds and Equity Futures Down Pre-Bell Thursday
- Negative Sentiment: Analysts have raised concerns that expensive AI stocks, heavy market concentration, and financing constraints could eventually slow AI capital spending or trigger a valuation correction. The AI Capex Wall: Why Financing Constraints Will Trigger a Slowdown
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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